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Chinese economic collapse not happening By Otton Solis | China Daily | Updated: 2024-08-29 06:57
Chinese economic collapse not happening
By Otton Solis | China Daily | Updated: 2024-08-29 06:57
https://www.chinadaily.com.cn/a/202408/29/WS66cfab54a31060630b92578f.html
True, China's current annual rate of economic growth of about 5 percent is low compared with its growth from 1980 to 2010, when it averaged nearly 10 percent. Yet in relation to the rest of the world, especially compared with the major Western economies, China's 5 percent growth is more than impressive.
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