China’s economy for the October-December quarter grew at a quicker rate, allowing the Chinese government to hit its target of about 5% annual growth for 2023 even though trade data and the economic recovery remain uneven. Official data released Wednesday showed that the Chinese economy grew 5.2% for 2023, surpassing the target of ‘about 5%’ that the government had set. The growth for 2023 is likely helped by 2022’s GDP of just 3% as ’s economy slowed due to COVID-19 and nationwide lockdowns during the pandemic. For the fourth quarter, China’s gross domestic product also grew at 5.2% compared to the same time last year. On a…
