China GDP: economy beats 2021 growth target but slowdown underlined in fourth quarter

China’s economy grew by 4 per cent in the fourth quarter of last year, slowing from the 4.9 per cent growth in the previous three months, bringing the full-year growth rate to 8.1 per cent in 2021.China set an economic growth target of “above 6 per cent” last year after growth hit a revised 2.2 per cent year in 2020 under pressure from the coronavirus.The recovery has been losing steam since the second half of 2021 after China’s economy grew by 18.3 per cent in the first quarter.For the full…


This website uses cookies. By continuing to use this site, you accept our use of cookies.