In an increasingly fragmented and unstable international environment, China appears to be a pillar of growth in the world economy. The 5% increase in GDP over one year in the 1st quarter shows that, unlike the main developed countries, the country has not yet been affected by the consequences of the war in the Middle East. Uncertainties about fossil fuel supplies, with the resulting sharp price increases, as well as disruptions to maritime traffic, have not resulted in a significant rebound in inflation or threats to production chains.

The rate of 5% is identical to that published for the year ...

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Attention is now monopolized by the Middle East conflict, by its consequences on the supply of raw materials after the blockage of the Strait of Hormuz and by the succession of statements by the President of the United States on the evolution of the situation. Meanwhile, in Beijing, Chinese leaders met to discuss and then approve the 15th Plan, which will serve as a framework for their action from 2026 to 2030. This provides a clear idea of the direction that the world's second largest economy will take and the evolution of its influence linked to its weight in ...

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In China, the taste for metaphors is widespread. The calendar is no exception. According to the signs of the zodiac, the year that will begin will be that of the horse succeeding that of the serpent. Will the pace of growth be similar to a canter or a trot? The generally unfavourable assessment of the Chinese economy in the West makes a diagnosis and forecasts more difficult. But the country's influence on the global economy makes it essential to better understand its strengths and weaknesses.

In 2025, in an unfavorable international environment, the 5% growth target was achieved according ...

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