Five takeaways from China’s first-quarter GDP data

Retail surge and strong exports drive economic growth but recovery remains uneven.

Keyu Jin, a professor at the London School of Economics and author of The New China Playbook, said Xi’s new team of economic planners was trying to avoid a “western-style” system of capitalism dominating politics.

“Right now, it is still a recalibration, finding the right words, finding the right balance . . . It doesn’t want to go in either extreme,” she said. “We need to see the same transparency and predictability of the policies, even when the economy bounces back.”

Previous
Previous

China’s Economy Is Leaving Behind Its Educated Young People

Next
Next

China’s economy rebounds more than expected after Covid reopening