China's economy: Challenges and prospects for overtaking the US
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#3b1d8a58 ver:0.38

China's ambition to overtake the US as the world's largest economy faces challenges like COVID-19, real estate crisis, and an aging population. Boosting growth is a priority at the Communist Party meeting. While some believe China will soon surpass the US, concerns about debt, centralization, and declining private sector share remain. China's leaders aim to rely less on exports and focus on domestic consumption. GDP growth and industrial production already outpace the US, but challenges and uncertainties persist. #ChinaEconomy #USChinaComparison...

#newstr #China #Us #Economy #EconomicGrowth #Covid19 #RealEstateCrisis #CommunistParty #FinancialCrisis #Debt #Productivity #Consumption #AgingPopulation #DomesticConsumption #Exports #PrivateSector #IndustrialProduction #Gdp 

 https://here.news/story/3b1d8a58?ver=0.38