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Tag: Chinese middle class

As the Year of the Snake has begun in China, its economy faces huge domestic and foreign challenges from Donald Trump in particular.
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  • DW
  • Jul 16, 2024
Will China ever overtake the US economy?

“China’s urbanisation rate is only 65 per cent. If calculated at 80 per cent in the future, it means that another 200 to 300 million people will enter urban areas, which will generate a huge increase in the real economy,” he said.

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