Xi Jinping's economic growth in Q1 is not sustainable due to challenges like high debt levels.

From Google: 2024-09-24 11:48:00

Xi Jinping’s economic adrenaline shot is only buying China a little time. Despite the impressive 18.3% GDP growth in Q1, experts warn that the recovery is unstable. Fixed-asset investments dropped 25.6%, and retail sales grew only 33.9%, indicating weaker consumer confidence. China’s economy still faces challenges like high debt levels and trade tensions.



Read more at Google: Xi Jinping’s economic adrenaline shot is only buying China a little time – The Economic Times