MADISON, WISCONSIN - In March, Chinese Premier Li Qiang announced an ambitious economic growth target of 5 percent for 2024. In a subsequent commentary, former World Bank chief economist Justin Yifu Lin endorsed the government’s target, predicting that China’s economy will grow at an average annual rate of 5-6 percent over the coming decade before slowing to 3-4 percent between 2036 and 2050. Lin also suggested that China could achieve high-income status in 2026, if not 2025. Given China’s bleak demographic outlook, this seems highly unlikely.
Monday 3 November 2025
ktimes En - 2 years ago
Is China too old to get rich?
Latest News
Top Foreign Affairs, Trade Officials Conduct Final Check on APEC Agenda Ahead of Leaders Meeting
- kbs EnHashtags:
China
|⁞
Deputy Security Adviser: S. Korea, US Unlikely to Finalize Tariff Deal during Leaders Summit
- kbs En Lee Presents New Initiative for ASEN Partnership, Vows Cooperation to Tackle Transnational Crime
- kbs En National Security Adviser: Security Talks with US Nearly Complete, but Tariffs Still under Discussion
- kbs En Foreign Minister, S. Korean Envoys in Southeast Asia Hold Virtual Meeting on Transnational Crime
- kbs En Top Diplomat: Establishing Peace on Peninsula is S. Korea s Responsibility to Int l Community
- kbs En Industry Minister Says Gov t Working to Streamline Governance in Wake of KEPCO-KHNP Dispute
- kbs En Gov t: Top Office s Relocation Influenced Insufficient Deployment of Police to Itaewon in 2022
- kbs En OpenAI Unveils Korea Strategy, Calls for Dual Track of ‘Sovereign AI’ and Global Collaboration
- kbs En Minister: Asia-Pacific Countries to Bolster AI Policy Coordination, Endorse Incheon Plan Roadmap
- kbs En Sources