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
Photographer: Qilai Shen/Bloomberg
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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