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China's Export-Fueled Growth Masks Underlying Economic Weaknesses
China's economy grew by 5 percent in 2024, exceeding expectations, but this growth was primarily driven by a record $1 trillion trade surplus fueled by exports, while domestic consumption remained weak, creating economic vulnerability.
China's Export-Fueled Growth Masks Underlying Economic Weaknesses
China's economy grew by 5 percent in 2024, exceeding expectations, but this growth was primarily driven by a record $1 trillion trade surplus fueled by exports, while domestic consumption remained weak, creating economic vulnerability.
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