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Read the op-ed by Victor Lequillerier, President and economist at BSI Economics, published in Les Echos on the topic of China’s economic growth.
"It’s become the norm: every summer, China’s economic data disappoints. July’s economic indicators once again reveal the fragility of China’s economic model… and yet, year after year, the country consistently meets its growth targets. For 2026, Beijing is aiming for GDP growth of between +4.5% and +5%. Despite a succession of headwinds and doubts surrounding the quality of statistical data, how will China likely achieve its target?
China generally meets its growth target, even if it means exacerbating the imbalances that characterize its economy, particularly with regard to debt. Since China’s growth is conceived within a long-term strategic framework, economic indicators generally provide only a very partial picture for determining its trajectory."
