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China's economy expanded at an annual rate of 4.6% in the July-September quarter, the government said Friday, in the latest evidence that recent efforts to rev up growth have yet to take hold.
The mixed data underline how challenging it will be for China's leaders to mount a durable economic recovery heading into 2025, when trade relations with China's biggest export market could worsen ...
The estimate for total economic activity, or GDP, in 2023 for the world's second largest economy was increased by about 2.7% to 129.4 trillion yuan ($17.7 trillion), based on an economic census ...
The disruptions to jobs and businesses during the COVID-19 pandemic have further weighed on the world's second-largest economy. “China’s economy appears to have slowed last month, despite ...
China's leadership is relying on an export surge to revive slumping growth, but those policies won't extract the world's second largest economy from the malaise that it's in, a top China watcher said.
China plans to run a budget deficit of 3% of economic output, down from a revised 3.8% last year. Crucially, it plans to issue 1 trillion yuan ($139 billion) in special ultra-long term treasury ...
The economy of the People's Republic of China is a developing mixed socialist market economy, incorporating industrial policies and strategic five-year plans. [29] China is the world's second largest economy by nominal GDP and since 2017 has been the world's largest economy when measured by purchasing power parity (PPP).
And given that China currently accounts for roughly 35% of global GDP growth, that could mean a whole new era for the global economy, too. From 1980 to today, McKenna noted, the global economy has ...