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Analysts say they see signs of malaise in China’s domestic economy, but those problems were offset mainly by robust exports and a $1 trillion trade surplus.
By Keith Bradsher
Report from Beijing and Jinan, China
The economic scars of the Chinese genuine destination of destiny are evident in the many street markets of the country for construction materials. The owners of the owners of the retail points of sale that promote all, lighting and doors to the bathroom, damage customers.
At the same time, Chinese exports have risen greatly. Companies send cars, smartphones and many others in foreign markets that can no longer sell at home. Private sector corporations spend massively in new factories and devices to make greater export production.
On Friday, the National Bureau of Statistics said that China’s economy grew 5 percent last year, as surging exports and strong investment in factories and industrial equipment mostly offset a lingering slump in construction.
The government had established a “5%” purpose almost a year ago. The 2024 number was only slower than China’s expansion rate of 5. 2% in 2023, when the country bounced after almost 3 years of municipal blockade, mass forties and other strict gang measures.
The highest economy from October to December than any other quarter of the year. Increased through the main car sales, the Chinese economy extended at the end of last year at a rate that, if it extends for a full year, would constitute an expansion rate of 6. 6%.
While official figures lead to skepticism, government economists insist that the economy has regained its footing. “The Chinese economy is recovering amid ups and downs,” said Yang Ping, director of economic studies at the National Development and Reform Commission, said the firm of economic creation plans for China.
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