China’s economy holds ‘real potential’ in 2024, think tank predicts 5.3% growth
Chinese Academy of Sciences expects China’s economy to grow by 5.3 per cent this year, compared to a 4.5 per cent projection by the World Bank.
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Lol - from the South China Morning Post sourced from the China Academy of Science. I have a hard time accepting this as anything beyond attempted good PR. I wonder how this squares with the demographic and real estate issues China is facing.
CAS routinely overestimates but the World Bank routinely underestimates.
So it goes.