Xi’s China GDP Estimate Shows Economy Grew at Least 4.4% in 2022
China’s gross domestic product exceeded than 120 trillion yuan ($17.4 trillion) this year, President Xi Jinping said, suggesting the economy grew at least 4.4% in 2022. GDP was 114.9 trillion yuan in 2021, according to revised estimates by the National Bureau of Statistics earlier this week. Xi gave the figure for 2022 in a New Year’s address on Saturday. “The Chinese economy has remained the second largest in the world and enjoyed sound development,” Xi said. China’s expansion this year has been battered by repeated Covid outbreaks, a persistent property market slump, sluggish consumer demand and waning
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