Reported about 17 hours ago
In 2024, China's economy achieved a 5% annual growth, aligning with government targets, driven by robust exports and recent stimulus measures amidst a backdrop of slowing consumer spending and an aging population. The economy notably picked up in the last quarter, registering a growth rate of 5.4%. While manufacturing output surged and retail sales improved, concerns linger over the sustainability of growth due to external pressures and structural issues within the economy.
Source: YAHOO