Despite meeting its 2023 growth target with a 5.2% increase in real GDP, China has encountered a notable economic setback. For the first time in nearly three decades, its nominal GDP in dollar terms declined,...
Tag : economic strategies
The yuan has hit new record lows against the surging US dollar, with the internationally-traded yuan reaching its lowest point since 2011 and China's domestic currency hitting its weakest level since the 2008 global financial...