China Hits 5.2% Growth Target Despite Population Challenges ...Middle East

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China Hits 5.2% Growth Target Despite Population Challenges
source : OILPRICE ( Middle East ) () 33
China faced a complex economic landscape as its economy expanded by 5.2% in 2023, while the population saw a decline of 2 million. These contrasting figures underscored the ongoing challenges posed by a slowing property market and demographic pressures on the world’s second-largest economy.  Official data released on Wednesday revealed that China’s economic growth in the fourth quarter, while slightly below analysts’ expectations, allowed Beijing to achieve its annual 2023 growth target, overcoming hurdles earlier in the…

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