Gao’s sin? Saying that China may have grown just 2% over the last two or three years, less than half the rate Xi’s government claims. The reason Gao is allegedly being silenced is for shining a brighter-than-usual spotlight on one of the biggest perception problems facing Xi’s Communist Party: that China routinely cooks the GDP books.

China's economy grew 5.4% in the fourth quarter from a year earlier, official data showed on Friday, significantly beating analysts' expectations and enabling the government to meet its annual growth target.

The climbing limo method of forecasting future GDP in the United States projects the nation's economic output in Q4 2024 will be approximately $29.6 trillion.

China’s economy expanded by 5.4% in the last three months of 2024, the National Bureau of Statistics said on Friday.

China's economy ended 2024 on better footing than expected helped by a flurry of stimulus measures, although the threat of a new trade war with the United States and weak domestic demand could hurt confidence in a broader recovery this year.

The real estate slump and uncertainty about future income have weighed on consumer spending and business confidence, adding to deflation concerns.