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  1. May 14, 2024 · The primary task of China's 2008 economic work has been set: "to prevent the economy from becoming overheated and to guard against a shift from structural price rises to inflation." Fueled by continuous food price hikes, the consumer price index (CPI) jumped by 6.9 percent in November, the highest in nearly 10 years.

  2. 2 days ago · The Chinese economic reform or Chinese economic miracle, also known domestically as reform and opening-up (Chinese: 改革开放; pinyin: Gǎigé kāifàng), refers to a variety of economic reforms termed "socialism with Chinese characteristics" and "socialist market economy" in the People's Republic of China (PRC) that began in the late 20th ...

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  4. 19 hours ago · China's economy is decelerating after decades of rapid growth, saddled with de flation, low consumer confidence, and a yearslong property-market slump. This has prompted many economists to draw ...

  5. 2 days ago · China faced a mild economic slowdown during the 20072008 financial crisis and initiated a massive stimulus package, which helped to regain its economic growth.

  6. May 14, 2024 · In a 2019 study, economists Xavier Jaravel and Erick Sager found that increased trade with China boosted the annual purchasing power of the average U.S. household by $1,500 between 2000 and 2007 ...

    • Anshu Siripurapu
  7. Apr 27, 2024 · China News Reporter. FOLLOW. The American and Chinese economies bucked growth predictions in the first quarter of 2024. U.S. expansion slowed amid rising inflationary pressure, but unemployment ...

  8. May 15, 2024 · In this new book, LSE historian Elizabeth Ingleson tells the surprising story of how the United States and China went from Cold War foes to finding common cause by transforming Chinas economy into a source of cheap labour, creating the economic interdependence that characterizes our world today.

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