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China’s economy grew a bit more in 2023 than earlier thought, but the revision has not affected forecasts for “about 5%” growth in the GDP this year, the government said last week. The estimate for total economic activity, or GDP, in 2023 for the wor
The government has stepped up measures to counter the slowdown in consumer spending and business investment, pledging again this week to step up spending and issue more bonds to finance support from local governments that are suffering partly due to the property crisis.
MDT/AP
