It is no longer unknown to many what an emerging superpower China has become, not only to Asia but to the whole world. The Chinese economy is on an upward momentum and is only the beginning of many more good things to come for China. Even Western countries are surprised at how steadily China’s economy kept on going up without showing signs of ever slowing down.
Many of the world’s economies suffered badly over the last few years. The United States is not an exception. The U.S. itself suffered badly from the last recession and is still recovering. While how the U.S. economy will fare is still a mystery to everyone as doubts about Trump’s capability in leading the country to greatness fills the minds of many and his first few policies continue to divide the country, China is stronger than ever and has surpassed everyone’s expectations.
China’s economy stormed back in the first quarter, clocking its first back-to-back acceleration in seven years and bolstering the global growth outlook just as signs of subdued consumer spending have surfaced in the U.S.
The Chinese economy accelerated to a better-than-expected 6.9 per