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Coronavirus Is Wrecking China’s Dreams Of Economic Growth

Coronavirus Is Wrecking China’s Dreams Of Economic Growth
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Image by mattthewafflecat from Pixabay

The Chinese economy supposedly grew by 6.1 percent in 2019, its slowest growth in thirty years. That’s no surprise: every year of the last decade has been billed as “China’s slowest growth since 1990.” Going by the official numbers, China’s growth has been gently gliding toward 6 percent as the government prioritizes high-quality growth over merely hitting the numbers.

And if pumping out record quantities of sub-standard…

To read more:
https://nationalinterest.org/blog/buzz/coronavirus-wrecking-chinas-dreams-economic-growth-134472

SOURCE: THE NATIONAL INTEREST

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