China’s Economy Resilient By Chu Maoming With COVID-19 rampant in the world for 3 years, some pundits are pessimistic about China’s economy while some others go even further
With COVID-19 rampant in the world for 3 years, some pundits are pessimistic about China’s economy while some others go even further, spreading rumors of China collapsing. However, official data show China’s economy has withstood multiple pressures from domestic and international factors beyond expectation of onlookers, sustaining recovery momentum and performing within the reasonable range.
First, the capability of the Communist Party of China is dominant. China’s Constitution stipulates that leadership by CPC is the defining feature of socialism with Chinese characteristics.
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