Business News

Sunday, March 16, 2025 5:53:24 PM

slower Chinese economic growth inevitable without internal reform

Written by Richard Holden, Professor of Economics, UNSW

Andy Wong/AP

China’s economic momentum is slowing. Official figures published this week show GDP growth in the last quarter came in at annual rate of “just” 4.9%. This compares with 7.9% annualised GDP growth for the previous quarter.

I say “just” because the last time the Australian economy grew this fast was —...

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