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’
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The former Biden official and China scholar makes the case for the previous administration's approach and discusses why Beijing is content to watch the U.S. now dismantle its sources of strength
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