China's Economic Balancing Act: Growth Amidst Unease ...Middle East

Devdiscourse - Opinion
Chinas Economic Balancing Act: Growth Amidst Unease
source : Devdiscourse ( Middle East ) () 113
China's economy expanded by 5% in 2024, hitting its growth target, but many citizens report declining living standards. The country's industrial growth outpaced consumer benefit, exposing deep-seated economic inequalities. As structural imbalances persist, concerns about long-term sustainability mount, especially with impending U.S tariff hikes.

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