Tag: finance

C hina’s economy grew 5.2% last year, after expanding just 3% in 2022. For investors used to prepandemic rates of 6% or more, that is a remarkably weak performance. Barring a big policy shift, though, 2024 will probably bring more of the same.

C hina’s economy grew 5.2% last year, after expanding just 3% in 2022. For investors used to prepandemic rates of 6% or more, that is a remarkably weak performance. Barring a big policy shift, though, 2024 will probably bring more of the same.

China’s gross domestic product grew 5.2 per cent in 2023 while its population dropped for the second year in a row as the world’s second-largest economy grappled with a property slowdown and deflationary and demographic pressures.