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To sustain prosperity as its population shrinks, China will have to invest big at home

  • Written by Yixiao Zhou, Associate Professor in Economics and Director of China Economy Program, Australian National University
A man in a store in China

China’s economy met the government’s official growth target in 2025, with official figures showing real gross domestic product (GDP) expanded by 5%.

Exports played an outsized role in delivering this headline growth. Despite a simmering trade war with the United States, China finished up the year with a record-breaking trade surplus of...

Read more: To sustain prosperity as its population shrinks, China will have to invest big at home

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