CHINA ECONOMY MARKET GDP

Chinese economy grew by 5.2 percent year-on-year in the fourth quarter of 2023

epa11084095 People walk across the bridge showing the latest economy and stock exchange data in the Liuiazui financial hub, in Shanghai, China, 16 January 2024 (Issued on 17 January 2024). According to the National Bureau of Statistics of China, the Chinese economy grew by 5.2 percent year-on-year in the fourth quarter of 2023. This marks an acceleration from the 4.9 percent growth in the previous quarter although it falls slightly short of market forecasts of 5.3 percent. For the full year the Chinese economy expanded by 5.2 percent which exceeded the official target of about 5.5 percent. EPA/ALEX PLAVEVSKI

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