"China's Economy: A Year in Review and the Uncertain Road Ahead"

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Source: South China Morning Post
"China's Economy: A Year in Review and the Uncertain Road Ahead"
Photo: South China Morning Post
TL;DR Summary

The top 10 most-read China economy stories of 2023 covered a range of issues from the pile-up of shipping containers at Yantian Port due to dwindling overseas orders, to China's struggle to attract overseas tech talent amidst a toxic work culture. The Philippines' durian trade with China boomed, while other Asian countries expressed concerns over 'durian diplomacy'. Chinese firms are shifting production to countries like Vietnam as foreign buyers avoid Chinese-made goods. Thailand's new shipping route proposal and China's Pinglu Canal project aim to diversify trade routes, but their impact remains uncertain. China's ambitions in durian farming could challenge Thai and Malaysian market dominance. The tech war with the US puts pressure on China's economy due to chip shortages. Lastly, China's C919 passenger jet aims to break the Boeing and Airbus duopoly with its entry into foreign markets.

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