Global economic growth refers to the increase in the production of goods and services worldwide. It is measured by the rise in Gross Domestic Product (GDP). This growth can lead to improved living standards. However, it may also exacerbate inequalities. Sustainable practices are essential for long-term benefits. Policymakers must balance growth with environmental and social considerations.
The International Monetary Fund (IMF) released its latest World Economic Outlook, forecasting a global economic growth slowdown to 3.0% in 2024. The revision marks a 0.2 percentage point...
As global trade faces disruption and uncertainty, China’s economy has once again drawn attention for its resilience. In 2025, China’s GDP crossed 140 trillion yuan (around $20 trillion),...
