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China says it posted 8.1% GDP growth last year, and 3 other key takeaways from the country's most recent data dump
4 monthes ago | By Business Insider
The Chinese government is trying to stimulate the slowing economy. Tingshu Wang/Reuters
China announced its GDP grew 8.1% on-year in 2021, beating expectations.
But fourth-quarter GDP slowed to 4.0% from 4.9% in the third quarter of 2021.
The Chinese central bank has cut interest rates to stimulate growth in a politically sensitive year.
China announced that its economy grew 8.1% last year, beating expectations even as the COVID-19 pandemic stretched into its second year. The growth rate was well above Beijing's target of "above 6%" and 2020's revised growth of 2.2%. Meanwhile, analysts...
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China's economy beats expectations with 4 percent growth in Q4
4 monthes ago | By Al Jazeera
Chinese economy expands 8.1 percent for the whole of 2021 amid weakest Q4 growth in more than a year.
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