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China's economy has been growing slightly more slowly than the “about 5%” target leaders set for this year as a prolonged crisis in its real estate sector has weighed on business activity.
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. After four miserable years, a ...
Chinese inflation 1987 - 2022. The economic history of China describes the changes and developments in China's economy from the founding of the People's Republic of China (PRC) in 1949 to the present day. The speed of China's transformation in this period from one of the poorest countries to one of the world's largest economies is unmatched in ...
The economy of the People's Republic of China is a developing mixed socialist market economy, incorporating industrial policies and strategic five-year plans. [29] China is the world's second largest economy by nominal GDP and since 2017 has been the world's largest economy when measured by purchasing power parity (PPP).
Since the People's Republic of China implemented reform and opening up, China's rise in economic, political, military and other comprehensive strength, [120] and the so-called "China threat theory" has been spreading from Japan, Taiwan, South Korea, the United States and other neighboring countries and world powers, indicating that the rise of ...
The top Republican focused on U.S. competition with China introduced legislation on Thursday to end normal trade relations with Beijing. Rep. John Moolenaar (R-Mich), chair of the House Select ...
A trio of senior Chinese officials used a financial summit in Hong Kong on Tuesday to defend the state of the world’s second largest economy, telling Wall Street’s top executives that there ...
Under Xi Jinping Administration, China has adopted a new foreign policy doctrine called "Major Country Diplomacy" (Chinese: 大国外交) which has replaced the earlier Deng Xiaoping era slogan of "keep a low profile" (Chinese: 韬光养晦) and has legitimized a more active role for China on the world stage, particularly with regards to reform ...