Now, while Covid has receded in the rearview mirror of most Chinese, the term has gained new life as China’s economy continues its sluggish and people feel increasingly uneasy a

Beijing hit its GDP growth target of 5 percent in 2024, according to its statistics bureau—but deflationary pressures remain.

China's economy grew 5% last year, matching the government's target, but in a lopsided fashion, with many people complaining of worsening living standards as Beijing struggles to transfer its industrial and export gains to consumers.

Analysts say they see signs of malaise in China’s domestic economy, but those problems were offset mainly by robust exports and a $1 trillion trade surplus.

China's slowing economy is still waiting for the promised government support to kick in. Senior economic and finance officials have told reporters in the last two weeks that fiscal support is in the works,

China has reported that its economy expanded at a 5% annual pace in 2024, achieving Beijing’s target of “around 5%” growth helped by strong exports and recent stimulus measures.

China notified the International Monetary Fund on Thursday that its economy grew by 5% in 2024, IMF Chief Economist Pierre-Olivier Gourinchas told reporters, calling the development a "positive surprise" compared to the IMF's forecast of 4.

China’s economy expanded 5% in 2024, meeting the official target of “around 5%” growth after stimulus measures introduced late last year appear to be working.

China’s population has fallen for the third straight year, pointing to further demographic challenges for the world’s second most populous nation that is now facing both an aging population and an emerging shortage of working age people able to support their elders.

China's economic growth likely fell fractionally short of the government's five percent target last year, according to an AFP survey, as leaders head into 2025 steeling for the second presidency of Donald Trump amid fears of another painful trade standoff.

INVESTORS in China’s mainland stock market made a beeline for bank stocks last year, making the sector the market’s top performer despite the country’s sluggish economy, a slowdown in loan growth, and concerns about a deterioration in asset quality.

A top Civil Affairs Ministry official stressed new reforms must be rolled out over the next decade to be effective.