As new data on China’s slowing economic growth and declining population casts doubt on the country’s rise, economists are recalculating their forecasts for U.S.-China competition.
The pace of China s reopening, after the lifting of its draconian zero-COVID policy last month, will shape the global outlook for growth and inflation.
The President outlined his broad vision for China’s economy over the next five years and beyond, but offered no solution to the country’s immediate problems.