WTO-Trade Policy Review: China

July 19, 2024--SUMMARY
1. During the review period, China remained an important driving force for global economic growth. The economy recovered well from pandemic-related shocks, and China's exports and imports continued to increase

The growth of trade in intermediate goods strongly outpaced the growth of merchandise trade in general, indicating China's further integration into international supply chains. However, the structural change it had previously embarked upon-away from industry and towards services-came to a halt.

China's Economy Has Not Peaked

January 7, 2025--Chinese policymakers should allow for a more market-driven allocation of land, money, and labor.
Summary
China's GDP is growing. Youth unemployment is down. And the property-market crisis is moderating. But the economy's dynamism is missing.