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China’s economy: high growth with great concerns

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Published: January 18th, 2022,
Last updated: May 28th, 2025

A Covid-related slump and subsequent recovery are currently distorting the statistics
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China’s growth has once again exceeded its own targets. Economic output rose by 8.1 percent in 2021. This was announced by the National Bureau of Statistics in Beijing on Monday. Premier Li Keqiang had announced „over six percent“ last March. With slow real estate growth and a protracted pandemic, analysts expect a much lower figure for the current year. The Chinese Academy of Social Sciences expects 5.5 percent for 2022. The Chinese central bank shares this assessment.

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