China Today

Is the world's second-largest economy facing trouble?


China stands at a pivotal point in history after more than three decades of robust growth and increasing prosperity. When economic progress slowed last year, many analysts said China faces a difficult transition to a period of more modest gains — or even a serious slowdown. The country's fast-paced development has led to growing income inequality and significant labor and environmental problems, while a rapidly aging population raises concerns about the future of China's workforce and how to take care of the elderly. Responding to public discontent with a system perceived as favoring the nation's elite, President Xi Jinping has vowed to root out corruption. But Xi also has cracked down on dissent and adopted a muscular foreign policy, raising tensions between China and its ...

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