The Role of Ethics in Leadership: Guiding Principles for Sustainable Success

The Role of Ethics in Leadership: Ethics form the foundation of effective leadership, influencing decision-making, organizational culture, and long-term sustainability. Leaders who prioritize ethical behavior create trust, inspire loyalty, and drive positive outcomes for their teams and stakeholders. Here’s an exploration of the crucial role ethics play in leadership:

1. Setting the Tone at the Top

Leadership sets the ethical tone for an organization. When leaders demonstrate integrity, honesty, and accountability in their actions and decisions, they establish a culture where ethical behavior is valued and expected. This commitment starts with leaders modeling ethical conduct in every aspect of their leadership role.

2. Building Trust and Credibility

Ethical leaders prioritize transparency and fairness, fostering trust among employees, customers, and stakeholders. Trust is essential for effective teamwork, collaboration, and organizational cohesion. By consistently upholding ethical standards, leaders cultivate a reputation for reliability and integrity, which enhances credibility and strengthens relationships both within and outside the organization.

3. Promoting Organizational Values and Mission

Ethical leadership aligns organizational actions with core values and mission. Leaders who integrate ethics into strategic planning and decision-making ensure that business practices reflect the organization’s commitment to ethical standards. This alignment reinforces the organization’s identity and purpose, guiding employees in their daily activities and fostering a shared sense of purpose.

4. Mitigating Risks and Upholding Compliance

Ethical leaders prioritize compliance with legal and regulatory requirements, as well as industry standards. By implementing robust ethical guidelines and codes of conduct, leaders mitigate risks associated with unethical behavior, such as legal liabilities, reputational damage, and operational disruptions. Ethical practices also promote a safe and respectful work environment, free from discrimination, harassment, or unethical conduct.

5. Enhancing Decision-Making and Problem-Solving

Ethical leadership enhances decision-making processes by considering the broader impact of choices on stakeholders and society. Leaders who weigh ethical implications alongside financial and operational considerations make informed decisions that align with ethical principles and long-term sustainability. Ethical decision-making fosters innovation, creativity, and resilience, as teams feel empowered to propose solutions that uphold ethical standards.

6. Accountability and Responsibility

Ethical leaders take responsibility for their actions and decisions, accepting accountability for outcomes—both successes and failures. They encourage a culture of accountability throughout the organization, where individuals take ownership of their roles and actions. By holding themselves and others to high ethical standards, leaders promote a culture of integrity and continuous improvement.

Conclusion

Ethics are not just a set of rules or guidelines; they are fundamental principles that guide leaders in creating positive impact and sustainable success. Ethical leadership builds trust, strengthens relationships, mitigates risks, and enhances decision-making—all essential elements for achieving organizational goals and fulfilling responsibilities to stakeholders. By embodying ethical values and integrating them into organizational culture and practices, leaders cultivate an environment where integrity, respect, and fairness are paramount. Ultimately, ethical leadership is not only a moral imperative but also a strategic advantage that drives long-term profitability and societal contribution.

The Impact of Diversity and Inclusion on Leadership: Driving Innovation and Organizational Success

The Impact of Diversity and Inclusion on Leadership: In today’s globalized and interconnected world, diversity and inclusion (D&I) have emerged as critical factors shaping effective leadership and organizational performance. Leaders who embrace and promote D&I not only foster a more inclusive workplace culture but also unlock significant benefits that contribute to innovation, employee engagement, and overall business success. Here’s an exploration of the profound impact of diversity and inclusion on leadership:

1. Enhanced Decision-Making and Problem Solving

Diverse teams bring together individuals with different perspectives, experiences, and backgrounds. This diversity of thought leads to more comprehensive analyses and creative solutions to complex problems. Leaders who prioritize inclusion ensure that all voices are heard, leveraging varied viewpoints to make informed decisions that consider a broader range of possibilities and potential outcomes.

2. Innovation and Creativity

Diverse teams are catalysts for innovation. When people from diverse backgrounds collaborate, they bring unique insights and approaches to brainstorming, problem-solving, and product development. Leaders who foster an inclusive environment encourage experimentation, risk-taking, and the exploration of new ideas. This culture of innovation drives competitive advantage and positions organizations as industry leaders in a rapidly evolving marketplace.

3. Improved Employee Engagement and Retention

Inclusive leadership fosters a sense of belonging and psychological safety among employees. When individuals feel valued and respected for their unique contributions, they are more motivated to perform at their best. Engaged employees are also more likely to stay with an organization, reducing turnover and retaining valuable talent. Leaders who champion diversity and inclusion create a positive work environment where employees thrive personally and professionally.

4. Better Understanding of Customers and Markets

Diversity in leadership enables organizations to better understand and connect with diverse customer demographics. Leaders who reflect the diversity of their customer base can anticipate market trends, tailor products and services to meet diverse needs, and build stronger relationships with clients and stakeholders. This customer-centric approach enhances brand reputation and fosters loyalty in an increasingly diverse marketplace.

5. Enhanced Reputation and Stakeholder Relations

Organizations committed to diversity and inclusion often enjoy a positive reputation in their communities and industries. Leaders who prioritize D&I demonstrate ethical leadership and social responsibility, attracting top talent, investors, and partners who share their values. This reputation as an inclusive employer and corporate citizen enhances brand perception and strengthens relationships with stakeholders.

6. Legal and Ethical Imperatives

Beyond the business benefits, diversity and inclusion are increasingly recognized as legal and ethical imperatives. Leaders have a responsibility to create fair and equitable workplaces that comply with diversity regulations and promote social justice. By embedding D&I into organizational policies, practices, and decision-making, leaders uphold ethical standards and contribute to a more just society.

Conclusion

The impact of diversity and inclusion on leadership extends far beyond compliance or corporate social responsibility it drives innovation, enhances decision-making, improves employee engagement, and strengthens organizational resilience. Leaders who embrace diversity and inclusion not only cultivate a more inclusive workplace culture but also position their organizations for long-term success in a diverse and dynamic global economy. By championing diversity as a strategic priority, leaders foster creativity, build stronger teams, and create environments where everyone can thrive and contribute their best. Ultimately, diversity and inclusion are not just about numbers; they are about harnessing the power of human potential to achieve extraordinary results and make a positive impact on society as a whole.

Effective Communication for Leaders: Key Strategies for Influential Leadership

Effective Communication for Leaders: Effective communication lies at the heart of successful leadership. Leaders who can articulate their vision, build strong relationships, and inspire action through clear and impactful communication are essential in driving organizational success. Here’s an exploration of key strategies for leaders to enhance their communication skills:

1. Clarity and Conciseness

Clear communication is paramount for ensuring that messages are understood and actions are aligned. Leaders should:

  • Use Simple Language: Avoid jargon and technical terms that may confuse or alienate team members.
  • Structure Messages: Organize thoughts logically and present information in a structured manner to enhance comprehension.
  • Summarize and Synthesize: Highlight key points and provide concise summaries to reinforce understanding.

2. Active Listening

Effective communication is not just about speaking but also about listening attentively. Leaders should:

  • Practice Empathetic Listening: Show genuine interest in others’ perspectives, validate their concerns, and seek to understand before being understood.
  • Ask Clarifying Questions: Encourage dialogue by asking open-ended questions that invite deeper exploration of ideas.
  • Reflect and Respond: Paraphrase what has been said to ensure understanding and respond thoughtfully to demonstrate active engagement.

3. Nonverbal Communication

Body language, facial expressions, and gestures play a significant role in conveying messages. Leaders should:

  • Maintain Eye Contact: Demonstrate sincerity and attentiveness by maintaining eye contact during conversations.
  • Use Gestures Appropriately: Employ gestures that emphasize key points and convey enthusiasm or empathy.
  • Monitor Posture and Facial Expressions: Project confidence and openness through relaxed posture and appropriate facial expressions.

4. Adaptability in Communication Styles

Different situations and audiences require varying communication approaches. Leaders should:

  • Tailor Communication: Adapt their message and delivery style to suit the preferences and needs of diverse stakeholders.
  • Flexibility in Tone and Language: Adjust tone, language, and formality based on the context and the audience’s familiarity with the topic.
  • Cultural Sensitivity: Recognize cultural nuances in communication styles to foster inclusivity and avoid misunderstandings.

5. Transparency and Authenticity

Authenticity builds trust and credibility. Leaders should:

  • Share Information Openly: Be transparent about goals, challenges, and decisions to foster a culture of trust and accountability.
  • Admit Mistakes and Seek Feedback: Demonstrate humility and a willingness to learn from others’ perspectives.
  • Align Words with Actions: Ensure consistency between verbal communication and actions to reinforce integrity and reliability.

6. Feedback and Encouragement

Effective communication involves providing constructive feedback and motivating others. Leaders should:

  • Offer Constructive Criticism: Provide specific feedback that is actionable and helps individuals improve performance.
  • Recognize Achievements: Celebrate successes and acknowledge contributions to boost morale and motivation.
  • Inspire and Motivate: Use inspirational language and storytelling to convey vision, inspire commitment, and rally support for initiatives.

Conclusion

Mastering effective communication is an ongoing journey for leaders, requiring self-awareness, adaptability, and a commitment to continuous improvement. By prioritizing clarity, active listening, nonverbal cues, adaptability, authenticity, and constructive feedback, leaders can strengthen relationships, foster collaboration, and drive organizational excellence. Effective communication is not just a skill but a cornerstone of influential leadership, enabling leaders to inspire and empower their teams to achieve shared goals and navigate challenges successfully.

The Importance of Mentorship in Leadership Development: Nurturing Growth Through Guidance

1. Knowledge Transfer and Experience Sharing

The Importance of Mentorship in Leadership Development: Mentors bring extensive experience and wisdom accumulated over their careers. They offer firsthand insights into navigating challenges, making strategic decisions, and achieving career milestones. By sharing their knowledge, mentors accelerate the learning curve for mentees, providing practical advice that textbooks and courses often can’t replicate.

2. Personalized Development Plans

Effective mentorship is tailored to the individual needs and aspirations of the mentee. Mentors help mentees identify strengths, areas for improvement, and career goals. They collaborate on creating actionable development plans that align with the mentee’s ambitions, providing guidance on acquiring skills, expanding networks, and seizing growth opportunities.

3. Building Confidence and Self-Awareness

Mentorship nurtures mentees’ self-confidence by validating their strengths and encouraging them to step out of their comfort zones. Mentors offer constructive feedback and support mentees in overcoming self-doubt or imposter syndrome. Through regular interactions and mentorship sessions, mentees gain a deeper understanding of their abilities, values, and leadership style—a critical foundation for effective leadership.

4. Expanding Networks and Opportunities

Connections facilitated by mentors often open doors to new opportunities, whether through introductions to influential contacts, access to industry events, or visibility within professional circles. Mentors leverage their networks to connect mentees with mentors, potential collaborators, and career advancement opportunities.

5. Role Modeling and Inspiration

Mentors serve as role models, exemplifying leadership traits and behaviors that mentees aspire to emulate. Observing mentors in action—handling challenges with resilience, fostering inclusive cultures, and making ethical decisions—inspires mentees to develop similar leadership qualities. Mentorship relationships often transcend professional growth, fostering personal bonds and mutual respect that enrich both parties’ lives.

6. Continuous Learning and Adaptation

In a rapidly evolving business environment, mentorship helps leaders stay relevant by imparting insights into emerging trends, technologies, and best practices. Mentors encourage mentees to embrace lifelong learning, adapt to change, and innovate—a mindset crucial for navigating complexities and driving organizational success.

Conclusion

Mentorship is not just a professional courtesy; it’s a powerful catalyst for leadership excellence and personal growth. Effective mentorship empowers leaders to navigate challenges with confidence, make informed decisions, and inspire others. Aspiring leaders should actively seek mentorship opportunities, leveraging the expertise and support of experienced mentors to accelerate their leadership journey. Likewise, seasoned professionals should embrace mentorship as a chance to pay it forward, leaving a lasting impact on future generations of leaders. Together, mentorship fosters a culture of continuous learning, collaboration, and resilience—an invaluable asset in today’s dynamic and competitive business landscape.

Mentorship plays a pivotal role in the development of effective leaders, offering invaluable guidance, support, and insights gained from years of experience. Aspiring leaders and established professionals alike can benefit immensely from mentorship relationships that foster personal and professional growth. Here’s a closer look at why mentorship is crucial in leadership development:

1. Knowledge Transfer and Experience Sharing

Mentors bring extensive experience and wisdom accumulated over their careers. They offer firsthand insights into navigating challenges, making strategic decisions, and achieving career milestones. By sharing their knowledge, mentors accelerate the learning curve for mentees, providing practical advice that textbooks and courses often can’t replicate.

2. Personalized Development Plans

Effective mentorship is tailored to the individual needs and aspirations of the mentee. Mentors help mentees identify strengths, areas for improvement, and career goals. They collaborate on creating actionable development plans that align with the mentee’s ambitions, providing guidance on acquiring skills, expanding networks, and seizing growth opportunities.

3. Building Confidence and Self-Awareness

Mentorship nurtures mentees’ self-confidence by validating their strengths and encouraging them to step out of their comfort zones. Mentors offer constructive feedback and support mentees in overcoming self-doubt or imposter syndrome. Through regular interactions and mentorship sessions, mentees gain a deeper understanding of their abilities, values, and leadership style a critical foundation for effective leadership.

4. Expanding Networks and Opportunities

Connections facilitated by mentors often open doors to new opportunities, whether through introductions to influential contacts, access to industry events, or visibility within professional circles. Mentors leverage their networks to connect mentees with mentors, potential collaborators, and career advancement opportunities.

5. Role Modeling and Inspiration

Mentors serve as role models, exemplifying leadership traits and behaviors that mentees aspire to emulate. Observing mentors in action handling challenges with resilience, fostering inclusive cultures, and making ethical decisions inspires mentees to develop similar leadership qualities. Mentorship relationships often transcend professional growth, fostering personal bonds and mutual respect that enrich both parties’ lives.

Personal Growth Strategies for Leaders: Cultivating Excellence in Leadership

Personal Growth Strategies for Leaders: Leadership is not only about guiding others but also about continuous personal growth and development. Effective leaders understand the importance of evolving themselves to better serve their teams and organizations. Here are some valuable strategies for leaders to foster their personal growth:

1. Commit to Lifelong Learning

Leadership is a journey of continuous learning. Whether through formal education, workshops, seminars, or reading books and articles, dedicating time to expand knowledge and skills is crucial. This could involve:

  • Reading: Regularly reading books on leadership, management, psychology, and other relevant topics broadens perspectives and offers new insights.
  • Courses and Workshops: Enrolling in leadership development programs or attending workshops that focus on specific skills like emotional intelligence, communication, or strategic thinking.
  • Seeking Mentorship: Learning from experienced mentors who can provide guidance, share experiences, and offer constructive feedback.

2. Develop Self-Awareness

Self-awareness is foundational to effective leadership. Leaders who understand their strengths, weaknesses, values, and motivations are better equipped to lead authentically and inspire trust. Strategies to enhance self-awareness include:

  • Reflection: Taking time for introspection and journaling to assess one’s actions, decisions, and their impact on others.
  • 360-Degree Feedback: Soliciting feedback from peers, direct reports, and supervisors to gain insights into blind spots and areas for improvement.
  • Personality Assessments: Utilizing tools like Myers-Briggs Type Indicator (MBTI) or DISC assessment to understand personality preferences and communication styles.

3. Cultivate Emotional Intelligence (EI)

Emotional intelligence is critical for effective leadership, influencing how leaders manage their own emotions and understand and empathize with others. Strategies for enhancing EI include:

  • Self-Regulation: Developing techniques to manage stress, remain calm under pressure, and make decisions rationally.
  • Empathy: Practicing active listening and seeking to understand others’ perspectives and feelings.
  • Social Skills: Building rapport, communicating effectively, and fostering collaborative relationships within teams.

4. Set Clear Goals and Priorities

Leadership effectiveness is often tied to clarity of purpose and direction. Setting personal and professional goals helps leaders stay focused and motivated. Key steps include:

  • SMART Goals: Establishing Specific, Measurable, Achievable, Relevant, and Time-bound goals that align with broader organizational objectives.
  • Prioritization: Identifying high-impact tasks and focusing energy on activities that contribute most to personal and organizational success.

5. Seek Feedback and Act on It

Feedback is a valuable tool for growth. Actively seeking feedback from peers, mentors, and team members, and using it constructively to make improvements is essential. This includes:

  • Receptiveness: Being open to receiving both positive and constructive feedback without defensiveness.
  • Action Planning: Developing action plans based on feedback to address areas for improvement and capitalize on strengths.

6. Practice Resilience and Adaptability

Leadership often involves navigating challenges and setbacks. Building resilience and adaptability helps leaders bounce back from adversity and lead effectively through change. Strategies include:

  • Mindfulness and Stress Management: Incorporating practices like meditation, exercise, or hobbies to maintain mental and physical well-being.
  • Flexibility: Embracing change, learning from failures, and adjusting strategies as needed to achieve goals.

Conclusion

Personal growth is not just a goal for leaders; it’s a continuous process essential for leadership excellence. By investing in lifelong learning, enhancing self-awareness, cultivating emotional intelligence, setting clear goals, seeking feedback, and practicing resilience, leaders can continuously evolve and inspire their teams to achieve extraordinary results. Remember, the journey of personal growth is ongoing and rewarding, leading to greater fulfillment and impact both personally and professionally.

The Evolution of Leadership Styles: Adapting to Changing Times

The Evolution of Leadership Styles: Leadership is a dynamic concept that has evolved significantly over the years, shaped by societal changes, technological advancements, and evolving business landscapes. Understanding the evolution of leadership styles provides valuable insights into how leaders can adapt and thrive in today’s complex world.

Traditional Leadership Styles

  1. Autocratic Leadership: Historically prevalent, autocratic leadership centralized decision-making power in the hands of a single leader. This style was effective in command-and-control environments but often stifled innovation and creativity.
  2. Transactional Leadership: Built on the principle of reward and punishment, transactional leaders incentivized performance through clear expectations and consequences. This approach focused on short-term goals and maintaining order.

Transition to Modern Leadership Approaches

  1. Transformational Leadership: Emerged in the late 20th century, transformational leadership emphasized inspiring and empowering followers to achieve higher performance levels. Leaders like Steve Jobs exemplified this style, focusing on vision, innovation, and fostering a shared sense of purpose.
  2. Servant Leadership: Advocating for the needs of others, servant leadership prioritizes empathy, listening, and collaboration. This style, popularized by figures like Mahatma Gandhi and Nelson Mandela, emphasizes ethical behavior and community building.

Contemporary Leadership Trends

  1. Democratic Leadership: In today’s collaborative workplaces, democratic leaders encourage participation and decision-making consensus among team members. This style promotes inclusivity and leverages diverse perspectives for better decision-making.
  2. Adaptive Leadership: In response to rapid changes in technology and global markets, adaptive leaders excel at navigating uncertainty and fostering agility within their organizations. They prioritize learning, resilience, and the ability to pivot strategies quickly.

Key Factors Influencing Leadership Evolution

  • Globalization: Leaders must now manage diverse teams across different cultures and time zones, requiring cultural sensitivity and effective communication skills.
  • Technology: Digital transformation has reshaped how leaders communicate, collaborate, and innovate. Tech-savvy leaders leverage data-driven insights and digital tools to drive organizational success.
  • Changing Workforce Expectations: Millennial and Gen Z employees prioritize purpose-driven work, diversity, and work-life balance, influencing leaders to adopt more inclusive and socially responsible practices.

Conclusion

As we move further into the 21st century, the evolution of leadership styles continues to be shaped by societal, technological, and economic forces. Effective leaders recognize the importance of adapting their approaches to meet the demands of a rapidly changing world. By embracing traits like empathy, flexibility, and a commitment to lifelong learning, leaders can navigate complexity and inspire their teams to achieve greater heights of success.

Understanding this evolution not only provides historical context but also equips leaders with the insights needed to navigate contemporary challenges and lead with confidence in an uncertain future. Leadership is not a static concept but a dynamic journey of growth and adaptation, where each era presents new opportunities for innovation and leadership excellence.

“Euro Knockout Kings Germany Primed for Deep Run”

BERLIN: “Euro Knockout Kings Germany Primed for Deep Run”,Germany’s storied legacy in the European Championship’s knockout stages continues in Dortmund this Saturday, where they face Denmark in pursuit of further glory.

Of the 10 times the Germans have made it out of the group stage at the Euros, they have gone on to reach the semi-finals on nine occasions and the final six. They are level with Spain with three titles.

Germany also boast the only man to win the tournament as a player and a coach in Bertie Vogts, who was victorious in 1972 and as manager in 1996, beating the Czech Republic 2-1 after extra time at Wembley.

However, that victory, almost 28 years ago to the day, remains the last time the Germans lifted the Henri Delaunay trophy, but even if Germany coach Julian Nagelsmann does not bring the cup home, his job is likely secure.

“Our commitment to Julian Nagelsmann remains steadfast, unaffected by any outcome in the round of 16. Not all eliminations are equal; for us, the emphasis lies on the team’s performance,” affirmed Andreas Rettig, managing director of the German Football Association (DFB), in an interview with an online news outlet. Rettig’s statement underscores the DFB’s focus on evaluating the team’s overall effort rather than solely emphasizing tournament results.

In the early days, West Germany opted out of the first European Championships in 1960 and 1964. Upon entering the competition later, they faced disappointment by failing to qualify for the finals in Italy in 1968.

That lack of success was short-lived, however, and they made it all the way to the final in the next three tournaments, winning in 1972 and 1980 but losing to then-Czechoslovakia in 1976.

“Japan & Australia Set for Tough World Cup Qualifying Battle”

KUALA LUMPUR: “Japan & Australia Set for Tough World Cup Qualifying Battle”, Japan, Australia, and Saudi Arabia were drawn together on Thursday in what is being dubbed as a “group of death” for the third stage of Asian qualifying for the 2026 World Cup. This challenging group also includes China, promising intense competition and high stakes as these footballing nations vie for a coveted spot in the prestigious tournament.

The 18 remaining Asian teams battling it out for eight direct qualification places were drawn into three groups of six at a ceremony in Kuala Lumpur.

Son Heung-min’s South Korea were given a more straightforward-looking assignment when they were drawn to face Iraq, Jordan, Oman, Palestine and Kuwait in Group B.

Iran and Asian Cup champions Qatar head Group A and will play Uzbekistan, the United Arab Emirates, Kyrgyzstan and North Korea.

Matches will be played on a home-and-away basis from this September to June 2025, with the top two in each group qualifying directly for the World Cup in the United States, Canada and Mexico.

Teams finishing third and fourth in their groups will advance to the fourth round of Asian qualifying.

Hajime Moriyasu, whose Japan side beat Spain and Germany to reach the knockout rounds of the Qatar 2022 World Cup, called Group C “a tough group”.

Indonesia – in the third qualifying phase for the first time – and Bahrain are the other teams in that group.

“We had to do it the hard way in the qualifiers for the last World Cup and we’re going to have to dig even deeper this time,” Japan coach Moriyasu told reporters after the draw in the Malaysian capital.

“VanEck Files to List First Spot Solana ETF in US”

“VanEck Files to List First Spot Solana ETF in US”, Investment manager VanEck made a significant move on Thursday by filing to list the first U.S. exchange-traded fund (ETF) linked to the spot price of the cryptocurrency token Solana. This comes several months after receiving regulatory approval for a similar product tied to bitcoin, marking a continued expansion into the crypto ETF market amidst growing investor interest.

Encouraged by the Securities and Exchange Commission’s (SEC) positive stance on spot bitcoin and ether ETFs, asset managers are now actively considering opportunities to diversify their portfolios by including other cryptocurrencies. This shift reflects growing confidence in regulatory acceptance and underscores a broader trend towards expanding investment options in the digital asset space.

The SEC approved spot bitcoin ETFs in January after a decade-long tussle and is expected to greenlight ether ETFs as soon as next week, Reuters reported.

ETFs allow investors exposure to a particular cryptocurrency without having to hold it directly.The cryptocurrency market has drawn interest from major players in traditional finance, such as BlackRock, which currently oversees the largest spot bitcoin ETF.

This involvement from established financial giants highlights a significant shift in the industry’s perception of digital assets, signaling a growing acceptance and integration of cryptocurrencies into mainstream investment strategies.

VanEck, in its filing, did not disclose the fees associated with the new fund, which is set to be listed on the Cboe BZX Exchange. The investment manager already provides spot bitcoin and ether ETFs, further expanding its presence in the cryptocurrency ETF market.

“China’s Economy in Spotlight Ahead of Key July Political Meeting”

BEIJING: “China’s Economy in Spotlight Ahead of Key July Political Meeting”, State media announced Thursday (Jun 27) that a crucial mid-July political meeting, closely monitored for insights into China’s economic strategy, looms as policymakers aim to bolster a faltering recovery.

More than 18 months after lifting crippling COVID-19 restrictions, the world’s second-largest economy still awaits a complete recovery, causing unease among both leaders and citizens alike as uncertainties persist.

State news agency Xinhua said the meeting, to be held from Jul 15-18, would “primarily examine issues related to further comprehensively deepening reform and advancing Chinese modernisation”.

Authorities have been clear they want to re-orient the economy away from state-funded investment and instead base growth around high-tech innovation and domestic consumption.

However, economic uncertainty is fuelling a vicious cycle that has kept consumption stubbornly low. President Xi Jinping’s government has so far resisted any big stimulus and the head of China’s central bank warned last week it was not on the cards.

The economy still faced many challenges, the bank’s chief said, but authorities would exercise moderation.

“Canada should respect facts, abide by WTO rules, and create a fair, non-discriminatory and predictable market environment for the common development of the China-Canadian electric vehicle industry,” said spokesperson He Yadong of the commerce ministry, according to a transcript on its website.

The European Union is preparing to impose new tariffs of up to 38 per cent on Chinese EVs by Jul 4, which Beijing has condemned as “purely protectionist”.

The EU maintains that heavy state subsidies in China have led to unfair competition in local markets, a claim denied by Beijing.

The United States hiked tariffs on US$18 billion worth of imports from China last month, targeting strategic sectors such as electric vehicles, batteries, steel and critical minerals, a move Beijing warned would “severely affect” relations between the two superpowers.