Premier Li Qiang Reveals China's 5.2% Economic Growth at World Economic Forum

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Source: The Wall Street Journal
Premier Li Qiang Reveals China's 5.2% Economic Growth at World Economic Forum
Photo: The Wall Street Journal
TL;DR Summary

Chinese Premier Li Qiang hinted at highly anticipated growth figures during an address at the World Economic Forum in Davos, seeking to reassure global business elites that investing in China is an opportunity. This comes as China's real-estate developers, including Country Garden, face financial struggles due to overbuilding and bad luck, raising doubts about the future of megadevelopments like Malaysia's Forest City.

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