China's economy is facing a new threat
2:23
YouTubeThe Economist
China's economy is facing a new threat
China’s generous local subsidies have helped it dominate high-tech industries such as electric vehicles and solar panels. But they’ve also helped fuel an oversupply of the same goods and a vicious price war. This new phenomenon of “involution” is damaging the country’s economy, as The Economist’s China economics editor, Simon Cox ...
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The World Bank has raised its 2025 economic growth forecast for China by 0.4 percentage points to 4.9 percent. Elitza Mileva, World Bank Lead Economist for China, said that the revision was done because China's economy has shown resilience this year. #GLOBALink | China Xinhua News
1:55
The World Bank has raised its 2025 economic growth forecast for China by 0.4 percentage points to 4.9 percent. Elitza Mileva, World Bank Lead Economist for China, said that the revision was done because China's economy has shown resilience this year. #GLOBALink | China Xinhua News
FacebookChina Xinhua News
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