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Insight-Select-Income  on November 10, 2023


Balanced News


Stars of China 2023

China’s economy certainly needs support on a heroic scale. Growth is slowing, with the World Bank forecasting a 5.1% GDP growth rate this year but only 4.4% for 2024: far below the numbers that in past decades produced the world’s fastest developing economy. Challenges range from high youth unemployment to a rocky housing market. “Insufficient” domestic consumer demand was recently cited as a top issue by the Chinese Communist Party’s Politburo.

gfmag.com     Nov 10, 2023