China’s economic growth is expected to slow further next year as export strength fades and weak domestic demand persists, even as the global economy remains resilient, according to a new outlook from the Peterson Institute for International Economics (PIIE). The Washington-based think tank projects China’s GDP will grow 4.6 per cent this year and 4.3 per cent in 2027, down from 5 per cent growth in 2025, according to its semi-annual Global Economic Prospects report, released on Tuesday. The…
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China hasn’t even been focusing on GDP growth since 2013, and it still manages to outpace capitalist countries.
It’s almost as if countries do better when not run by capitalists. Can you imagine?
