Can China still become the world’s largest economy Business Beyond
- last year
China managed the fastest sustained growth of any major . ever recorded - catapulting it to second place behind the United States.
But today, its GDP growth is at near-historic lows. For the first time in two decades, its output fell behind that of the rest of Asia. Analysts believe that even the end of Zero Covid won’t signal the revival of Chinese economic growth as we know it.
In this video, we look at the economic headwinds the country is facing - and what they mean for Beijing’s race to becoming the world’s biggest economy.
But today, its GDP growth is at near-historic lows. For the first time in two decades, its output fell behind that of the rest of Asia. Analysts believe that even the end of Zero Covid won’t signal the revival of Chinese economic growth as we know it.
In this video, we look at the economic headwinds the country is facing - and what they mean for Beijing’s race to becoming the world’s biggest economy.