China celebrates 75 years of Communist Party rule amid economic and security challenges

China is celebrating 75 years of Communist Party rule with a flag-raising ceremony at Tiananmen Square. Unlike previous anniversaries, there are no large festivities planned, reflecting ongoing economic challenges and security threats. State-controlled media focus on economic progress and social stability, omitting issues like a declining birth rate and supply chain disruptions. Recent measures to boost the economy include lower interest rates and reduced mortgage down payments. Tensions with neighboring countries over territorial claims and military activities continue. The anniversary highlights China's internal challenges, including leadership consolidation under Xi Jinping, who has eliminated term limits and maintains strict media control.