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Chinese economy beats growth target with GDP reaching record high

China's GDP grew 5.2 percent year on year to a new high of $17.7 trillion last year

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Xinhua Headlines: Chinese economy beats growth target with GDP reaching record high-Xinhua

Xinhua Headlines: Chinese economy beats growth target with GDP reaching record high-Xinhua
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China growth seen slowing to 4 6% in 2024, raising heat on policymakers | Hellenic Shipping News Worldwide

China growth seen slowing to 4 6% in 2024, raising heat on policymakers | Hellenic Shipping News Worldwide
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China growth seen slowing to 4 6% in 2024, raising heat on policymakers

China's economic growth is likely to slow to 4.6% in 2024, and cool further to 4.5% in 2025, a Reuters poll showed, raising the heat on policymakers to roll out more stimulus measures amid deflationary pressures and a severe property slump. Gross domestic product (GDP) likely grew 5.2% in 2023 - meeting the government's annual growth target, partly helped by the previous year's low-base effect which was marked by COVID-19 lockdowns, according to the median forecasts of 58 economists polled by Reuters. Recent data suggested the economy was starting 2024 on shaky footing, with persistent deflationary pressures and a slight pick-up in exports unlikely to kindle a quick turnaround in weak domestic activity.

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China growth seen slowing to 4 6% in 2024, raising heat on policymakers - Reuters poll

BEIJING: China's economic growth is likely to slow to 4.6 per cent in 2024, and cool further to 4.5 per cent in 2025, a Reuters poll showed, raising the heat on policymakers to roll out more stimulus measures amid deflationary pressures and a severe property slump. Gross domestic product (GDP) likely grew

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