China 2023 economic growth tipped to be weakest in decades

China’s economy likely grew at its weakest annual rate for more than three decades in 2023, data is expected to show Wednesday, as it was battered by a crippling property crisis, sluggish consumption and global uncertainties.

A group of ten experts interviewed by AFP forecast China’s gross domestic product (GDP) to have expanded 5.2 percent, which would represent the lowest rate since 1990, outside of the Covid-19 pandemic.

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