China Briefing News

China‘s GDP Expanded by 5.2% in 2023: NBS

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China’s gross domestic product expanded by 5.2 percent in 2023 while the population decreased 2.08 million as compared to last year.

Experts Skeptical about China’s Economic Figures

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May 3 – Patrick Chovanec, an economist and associate professor at the Tsinghua University School of Economics and Management expressed skepticism about China’s key economic figures in a recent article in the South China Morning Post. “If investment merely remains stable compared to last year, you could lose 5 percentage points off GDP growth, bringing […]

Report: China’s 2020 Consumer Demographics

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Mar. 13 – As China gradually shifts its economy from an investment-led growth module to a more consumption-driven structure, be prepared to engage a more individualistic and emotional Chinese consumer in the near future, suggested a new study conducted by the international consultancy group McKinsey & Co. In its report “Meet the 2020 Chinese Consumer,” […]

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