Question

What are the most current economic indicators for China that clearly demonstrate that whether or not this country is on a consistent growth path and that this will play an important role in the 21st century world economy? Please list all current indicators with a reasonable explanation. Thank You.

Answer 1

1) GDP growth rate of consistent at about 6-7 percent. And least affected by covid 19 and induced recession and have chance of growth around 3-5% this year but other developed countries affected badly.

2) huge investment through one belt one road and silk route project.

3) innovation in the fieild of artificial intelligence

4) increasing Access in alll over the world regions fir trade like Africa ,arctic regions south America, Europe.

5) increase debt trap diplomacy and increase impact In Indian Ocean regions.

6) huge investment in China military and naval capacity building

7) artificial island in Pacific region and claim on South China Sea resources

8) highly successful in spaces science and related technology and spaces mission.

9) 2nd in total gdp after usa and high population dividend in future.