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China's GDP grows by 5.2% as population growth woes persist
PTVPhilippines
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1/17/2024
China's GDP grows by 5.2% as population growth woes persist
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00:00
Except for 2021, when GDP rose 21.3% from the previous year, China's five-year economic
00:07
timeline has been deflating or discouraging as the COVID-19 pandemic ravaged manufacturing
00:14
and just about every industry or economic sector.
00:17
In fact, in 2018, the economy grew just 2.77%, followed by a mediocre 2.86% rise in 2019
00:28
and barely chalked up a 3% growth in 2022, after the spectacular aberration in 2021.
00:35
Excluding the pandemic years, the 5.2% growth last year is among the weakest since 1990.
00:42
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