2min chapter

The Real Story cover image

What is economic growth and why does it matter?

The Real Story

CHAPTER

China's Economy Is Powering Along

The IMF has lowered next year's growth forecast for China to 4.4%. It was a different story just 15 years ago when China recorded a growth rate of 11%. A domestic construction boom, new homes, roads, bridges and airports mean that export won't be the main thing fueling China's economic engine.

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