China claims its 2023 GDP reached 5.2 percent Tuesday, and says it’s ready for more foreign investments.
The announcement comes alongside China’s real estate crisis, historic low export and import data, and declining domestic consumption data from last year.
Experts have voiced doubts after reviewing China’s GDP data and say Beijing’s claim may be trying to attract foreign investments.
On Tuesday, Miles Yu told Radio Free Asia that confidence in China’s economy and the credibility of the Chinese Communist Party has disappeared around the world.