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Growth in potential GDP has continued to rely on capital. That cannot go on forever because returns on capital have been declining, when funds have mainly been funnelled into infrastructure ...
First, the era of Mao Zedong and class struggles. Professor Wang Guang of the Academy published an article on Sep 6 seen as justifying the revival of class struggles, where ...
BEIJING: China will continue to roll out phased policies to stabilise its economy with a focus on reviving consumption and boosting investment, and implement these policies as soon as possible, ...
China’s economy is now in a vastly different place, however. It was already gliding toward low single-digit growth before COVID-19 flared in early 2020 - that’s compared to the period ...
SLIM PROSPECTS Analysts blame a slowing economy crippled by COVID-19 lockdowns, as well as the large cohort entering the labour force during the graduating season in July and August, for ...