After reversing its zero-Covid policy, the Chinese government faces a number of challenges that could dampen economic growth. To restore rapid GDP growth, Chinese policymakers must break a "cycle of pessimism," analyzes Shang-Jin Wei.
By Experts Table.Briefings
The successful transformation of China's economy into a global powerhouse is not only owed to the market reforms that began in 1978. The state and its bureaucracy have contributed significantly to this success, believes Zhang Jun, Dean of Economics at Shanghai Fudan University.
By Experts Table.Briefings
Never before has an undemocratic regime successfully generated such innovation-driven growth as in China. Under Xi Jinping, control over the country and the economy has once again increased significantly. Will economic growth continue under these conditions? Daron Acemoglu, an economist at MIT, is skeptical.
By Experts Table.Briefings
The 20th Party Congress is barely over as the People's Republic releases its economic data: The economy grew stronger than expected. Nevertheless, stock market prices collapse. Investors expect a particularly grim outlook for the battered tech sector.
By Redaktion Table
China narrowly avoided a crisis this year due to the drastic Covid measures. But the epidemiological strategy will not change much in the foreseeable future, Xi Jinping made clear in his opening speech at the CP Congress.
By Redaktion Table
China's economy has been hit hard by the harsh Covid measures. Nevertheless, Beijing seems to stick to its growth target – and is resorting to old formulas.
By Redaktion Table
China’s State Council, led by Premier Li Keqiang, issued large-size economic stimulus programs in May to absorb some of the economic damage caused by Covid-related restrictions. However, it is becoming increasingly clear that achieving the desired economic growth while continuing current Covid policies will be impossible.
By
China Growth News: China's economy is growing and so is the influence of the People's Republic of China on the international stage. Find out all the important and latest news about China's growth in the China.Table.
Growth, or rather development (chin. 发展 fazhan), is one of the Chinese government's most important buzzwords. China is growing, be it economically, technologically, or in population. Economically, it serves to legitimize the political rule of the Chinese Communist Party. With China's continued development, the country demands more influence on the international stage and seeks to expand its discourse power.
The COVID pandemic halted China's growth, but only for a short period. While in other parts of the world, the COVID pandemic hat not reached its peak yet, the Chinese economy was already back in the black. Nevertheless, fears of possible inflation are high, and the government responded with numerous regulations in various industries.
Although numerous experts have repeatedly predicted an end to the seemingly limitless growing of the People's Republic of China, these predictions have not yet come true. Although the Chinese economy continues to grow, a slowed growth rate could be observed in recent years.
China’s growth has a national and international impact. Read all the current news on China’s future developments, and international influence by our China.Table editorial team.
