The myth and story of China’s economy and GDP growth

The myth and story of China’s economy and GDP growth

The myth and story of China’s economy and GDP growth

Chinese leader Xi Jinping issued a directive to “tell good stories of China’s economic development” during the new year, and the world’s media followed. Other than Chinese media, Western media outlets also optimistically reported China’s economic outlook. What’s the reality of China’s economy, and will it meet the targeted 5% GDP growth? A mainland Chinese finance writer offered a unique insight.

 - The media campaign and confusion

 - What do the Chinese people say about their economy?

 - The cost of China’s GDP