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China quietly abandons goal of overtaking U.S. economy

Por: Newsweek World October 19, 2022

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Chinese leader Xi Jinping appeared to revise his long-term economic outlook when he opened a major political event over the weekend, hinting at modest growth that may see China fail to surpass the U.S.Beijing's two-step plan to build what it calls a great modern socialist country in all respects by 2049, the centennial of the People's Republic of China, involves first raising levels of public wealth and doubling the national economy by... + full article



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