Barring a “black swan” event, China can achieve 6 percent GDP growth this year, argues a top Chinese economist.
A summit titled "Promoting the Integration of the Digital Economy and the Real Economy" held during the China Development Forum, March 25, 2023. Credit: China Development Forum
According to China’s National Bureau of Statistics, the economy grew by 4.5% year on year in the first quarter of 2023. While that hardly matches the robust growth of the pre-pandemic period, it did exceed market expectations. And with the right policies, China can do even better.
There is plenty of pessimism about China’s economic prospects nowadays, with many warning – not without reason – that China has entered a deflationary period. In the first quarter of 2023, China’
Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else.
A weekly curated reading list on China from Andrew Peaple.
A daily roundup of China finance, business and economics headlines.
We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.
California-based Jupiter Systems sold high-tech wall screens to U.S. military and government clients. On June 14, The Wire China revealed how Jupiter was sold to a Chinese company in 2020 without the first Trump administration’s knowledge. Now Trump is back and on the case as Jupiter teeters on the verge of bankruptcy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.
