Economics
How China’s Economy Grew in 2021 Despite a Property Slump
- Consumption and exports compensated for drop in construction
- Beijing made little progress on curbing income inequality
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China’s economy grew at a strong pace of 8.1% in 2021, a number seemingly at odds with headlines about a crashing property market and a crackdown on big technology companies.
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How China’s Economy Grew in 2021 Despite a Property Slump