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China's 2023 GDP grows 5.2% to meet annual target

China's economy in 2023 expands a real 5.2 percent from a year earlier, government data showed Wednesday, with the figure meeting the country's annual target of around 5.0 percent due partly to the previous year's low base caused by the stringent "zero-COVID" policy. ....

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What Will a Continued Growth of China's Middle Class Mean For the Rest of the World?

What Will a Continued Growth of China s Middle Class Mean For the Rest of the World?
If China regains pre-pandemic level of growth, it will set off a global contest over which form of government will have a dominant influence over global affairs in coming decades: Western-style democracy or Chinaâs brand of authoritarianism.
People walk in the tourist area surrounding Houhai Lake during Chinese National Day holidays in Beijing, China, October 2, 2020. Photo: Reuters/Thomas Peter
World7 hours ago
Chinaâs large and impressive accomplishments over the past four decades have spurred scholars and politicians to debate whether the decline of the West â including the US â as the worldâs dominant political and economic force is inevitable amid the seemingly inexorable rise of the East. ....

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