BEIJING -- Although China's real gross domestic product grew by 5.2% in 2023, achieving Beijing's target of around 5%, its nominal GDP in dollar terms fell for the first time in 29 years as its share of the global economy shrank for the second straight year.
Economy
China's dollar-denominated GDP and share of global economy fall
Loss of momentum in Asian powerhouse has worldwide implications
In 2023, the number of births in China set a new record low for a third consecutive year. © Reuters
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