China's economy expands 5% in 2024, hitting target helped by strong exports, stimulus measures
China's economy expanded at a 5% annual pace in 2024, slower than the year before but in line with Beijing’s target of “around 5%” growth, thanks to strong exports and recent stimulus measures. The economy picked up speed in the last quarter,
China’s 2024 economic data as it happened: growth hits 5% target; population falls for third year
For the fourth quarter, GDP is forecast to have expanded 5 per cent, which would translate to 4.9 per cent growth for 2024 — in line with Beijing’s target of “around 5 per cent” for the year. Another important figure to watch is retail sales, a proxy for consumption, which are expected to grow just 3.5 per cent in December.
China's economic growth among slowest in decades
BEIJING: China recorded one of its slowest rates of economic growth in decades last year, data showed Friday (Jan 17), as leaders nervously eye a potential trade standoff with incoming US president Donald Trump.
China Says Economy Grew 5% Last Year, Driven by Exports
Analysts say they see signs of malaise in China’s domestic economy, but those problems were offset mainly by robust exports and a $1 trillion trade surplus.
China's Economy Faces Historic Setback Not Seen in Over Half a Century
Beijing hit its GDP growth target of 5 percent in 2024, according to its statistics bureau—but deflationary pressures remain.
Alert: China’s economy grew at a 5% annual rate in 2024, reaching Beijing’s target with help from exports and stimulus efforts
China’s economy grew at a 5% annual rate in 2024, reaching Beijing’s target with help from exports and stimulus efforts. A former professor violated University of Connecticut policy by having a relationship
China's Economy Reached 5% Growth Goal in 2024
Sales of consumer goods grew a moderate 3.5 percent, while hospitality sectors continued to outperform discretionary segments such as apparel, gold and jewelry.
China’s economy grows more than expected. But fears of Trump tariffs loom
China’s economy grew more than expected in the last three months of 2024, official data showed on Friday, as it awaits the ...
Is China’s GDP Growth Only 2%? Donald Trump Might Want To Find Out
Gao’s sin? Saying that China may have grown just 2% over the last two or three years, less than half the rate Xi’s government ...
China growth reaches official target as economic conditions trend down
There are increasing doubts about government statistics with many estimates that the growth rate is around half the official ...
Barrage of Stimulus Powers Robust Chinese Growth—and Some Skepticism
China said that its economy expanded by 5% last year, but a variety of weak signals have made some outside economists dubious ...
Reactions to China economic data
China's economy ended 2024 on better footing than expected helped by a flurry of stimulus measures, although the threat of a ...
China’s Economy Grew 5% in 2024, Turbocharged by Fourth Quarter
The drop in China’s new home prices is the narrowest in a year and a half, down 0.08% last month from the month earlier.
China hits 5% growth target, but critics question data accuracy as households continue to struggle
It seems dubious that China precisely hit its growth target for 2024 at a time when the economy continues to face tepid ...
China's Q4 GDP grows 5.4% y/y, beating market forecast
China's economy grew 5.4% in the fourth quarter from a year earlier, official data showed on Friday, significantly beating ...