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Can China Reach Its 2024 Growth Target?

BEIJING – On March 5, at the opening of the annual meeting of China’s legislature, the National People’s Congress (NPC), Chinese Premier Li...

Yu Yongding

BEIJING – The start of 2024 has been marked by a wave of increasingly pessimistic forecasts for China’s economy. While the Chinese government...

In the two decades since China’s State Council officially classified the real estate sector as a “pillar industry,” the sector has undergone...

BEIJING – In the two decades since China’s State Council officially classified the real-estate sector as a “pillar industry,” the sector has...

Government can counter doomsayers by expanding fiscal stimulus

BEIJING – China’s economic performance has been inspiring considerable pessimism lately. In the second quarter of 2023, the Chinese economy grew...