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HomeAsiaVOA Mandarin: Experts cast doubt on China's 5% GDP increase in 2024

VOA Mandarin: Experts cast doubt on China’s 5% GDP increase in 2024

China reported 5% GDP growth in 2024, meeting its target. Analysts linked the growth to late-2023 stimulus measures and Q4 export surges but questioned the sustainability of strong consumer spending. Experts warn that economic growth may have peaked, with annual declines expected, potentially dropping to 2% by 2030.

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