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    TOP 10 CHINA BUSINESS NEWS STORIES OF 2021

    Jan 06, 2022 3 minutes

    Robust Economic Growth

    China’s GDP expanded 9.8 percent year on year in the first three quarters, putting the average growth for the past two-year period at 5.2 percent. In October, the International Monetary Fund forecast an 8-percent annual growth for the Chinese economy.

    More direct and targeted policies were rolled out to help market entities overcome challenges including COVID-19, rising commodity prices, and power outages. Tax and fee cuts exceeded 910 billion yuan ($142 billion) during the January-November period.

    Despite the impact of the pandemic on the global economy, China’s total

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