The National Bureau of Statistics of China (NBS) released data on the national economy in 2021 on Monday, with the country's gross domestic product (GDP) expanding 8.1 percent year-on-year, which was well above the government target of "above 6 percent" set at the beginning of 2021, and the...More

China on Monday posted an 8.1 percent GDP growth in 2021, defying market expectations and further cementing the world's second-largest economy's leading position in the global economy's recovery from the still raging COVID-19 pandemic, as major growth drivers, particularly exports, saw remarkable improvements in the face of mounting...More

The IMF projects that China's GDP will grow by 1.9 percent in 2020, up from 1 percent in its last projection in June, citing a faster-than-expected recovery in China. China will be the only major economy to achieve growth this year, according to the IMF's latest report in...More