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, …
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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, …
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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 …
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As global trade faces unprecedented headwinds, China is charting a course it deems the “correct” path to globalization. This strategy, emphasizing quality over quantity and prioritizing domestic stability, marks a significant shift from its previous export-driven growth model. The move comes amidst escalating trade tensions with the West, slowing global …
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