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Al Jazeera
Al Jazeera
Business
Alexander Kozul-Wright

Year of the Dragon: China faces critical moment in push to revive economy

People gather to look at a giant dragon figure at a park in Beijing on February 9, 2024, which marks the eve of the Lunar New Year of the Dragon [Greg Baker/AFP]

China last year narrowly beat its economic growth target of 5 percent, one of its lowest benchmarks in decades. Looking ahead, analysts expect the economy to face stiff headwinds in the Year of the Dragon.

Against the backdrop of a crisis-stricken property market, subdued export earnings and crackdowns on private industry, international investors are pulling out of Chinese stocks at record rates.

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