BEIJING has announced that China’s economy grew five per cent last year, meeting the official target as strong exports and a concerted stimulus effort mostly offset weak domestic demand, reports London’s Financial Times. The result was slightly better than analysts’ forecasts in a Reuters poll but weaker than growth in 2023, when the economy expanded 5.2 per cent. GDP rose 5.4 per cent year on year in the fourth quarter, as a government stimulus that kicked off in September gained momentum....
https://www.seanews.com.tr/china-claims-2024-gdp-growth-announced-at-5pc/202365/