There’s hope for China’s economy, as long as planners can ‘let go’
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China's economy faces challenges but shows potential for recovery; commitment to reform and pre-emptive planning are crucial; 75th anniversary of the People's Republic of China marked on 13 Oct 2024; economic growth averaged nearly 10% annually from 1990 to 2019; private sector accounts for 80% of urban employment; President Xi Jinping's leadership began in 2012 amid property market overheating; national debt at 88% of GDP; gross domestic savings exceed 46% of GDP; China leads in 37 of 44 technologies; policy measures initiated post-third plenum to stimulate investment; US-China rivalry poses risks but also opportunities for investment.
#China #Economy #Reform #Investment #UschinaRelations #Technology #PublicPolicy #Growth #Debt #Employment
https://www.scmp.com/opinion/china-opinion/article/3281487/theres-hope-chinas-economy-long-planners-can-let-go?module=China%20Opinion&pgtype=section
South China Morning Post /
npub1x2…knuvq
2024-10-13 02:12:37
Author Public Key
npub1x2q0x7w5tqx0x3j9tdvkvqmetarpr8axhpjq7qw5xxrcysdwtrzssknuvqPublished at
2024-10-13 02:12:37Event JSON
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"content": "There’s hope for China’s economy, as long as planners can ‘let go’\n==========\n\nChina's economy faces challenges but shows potential for recovery; commitment to reform and pre-emptive planning are crucial; 75th anniversary of the People's Republic of China marked on 13 Oct 2024; economic growth averaged nearly 10% annually from 1990 to 2019; private sector accounts for 80% of urban employment; President Xi Jinping's leadership began in 2012 amid property market overheating; national debt at 88% of GDP; gross domestic savings exceed 46% of GDP; China leads in 37 of 44 technologies; policy measures initiated post-third plenum to stimulate investment; US-China rivalry poses risks but also opportunities for investment.\n\n#China #Economy #Reform #Investment #UschinaRelations #Technology #PublicPolicy #Growth #Debt #Employment\n\nhttps://www.scmp.com/opinion/china-opinion/article/3281487/theres-hope-chinas-economy-long-planners-can-let-go?module=China%20Opinion\u0026pgtype=section",
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