China Experiences Lowest Growth in Over Twenty Years, Excluding Pand..

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China's official 5.2% GDP figures beat the country's expectations for 2023 but nevertheless marked the slowest rate of Chinese growth since 1990, excluding the years of the COVID-19 pandemic, according to reporting by France24.

A few factors drove this slow growth, per France24: problems in the previously stable and lucrative real estate sector, a shrinking population, and increased tensions with western countries interested in "decoupling" from China and investing in friendlier countries in the region.

China, Economy

China Experiences Lowest Growth in Over Twenty Years, Excluding Pandemic Years

China's published GDP numbers show the lowest official growth rate since 1990, excluding the pandemic years. A shrinking population, real estate woes, and tensions with western countries have all contributed to a lack of confidence.

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Finance

China, Economy

China Experiences Lowest Growth in Over Twenty Years, Excluding Pandemic Years

China's published GDP numbers show the lowest official growth rate since 1990, excluding the pandemic years. A shrinking population, real estate woes, and tensions with western countries have all contributed to a lack of confidence.

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