China Economy

China’s economy has kicked off 2024 with a surprising degree of resilience. Despite lingering global uncertainties and domestic challenges, all 31 provinces reported positive GDP growth in the first quarter, laying a solid foundation for achieving the year’s economic targets. This positive performance, while encouraging, is not without its caveats, …

For decades, Guangdong province has reigned supreme as China’s economic powerhouse. Its coastal location, robust export-oriented industries, and strategic position in the Pearl River Delta have propelled its GDP to dizzying heights. However, a challenger is emerging from the east: Jiangsu province. With its impressive manufacturing capabilities, burgeoning high-tech sector, …

China’s economic growth has faltered, prompting President Xi Jinping to launch a significant initiative aimed at attracting substantial foreign investment. This move underscores the increasing urgency within the Chinese government to revitalize its slowing economy and address mounting challenges. While China remains a globally significant economic powerhouse, recent data points …