China Macro Economy

The rapid evolution of the Chinese economy in recent years and its stronger-than-expected rebound from the coronavirus pandemic have brought into focus its many economic advantages but have also raised questions about the future amidst deteriorating relations with the United States and other western countries. The country faces many domestic challenges, as well, in particular its rapidly ageing population.

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FREQUENTLY ASKED QUESTIONS

Why is coal so important to China's economy?

China is the world’s largest producer and consumer of coal, used for heating, cooking, electricity generation and steel making. It is also the world’s largest emitter of greenhouse gases, but it has pledged to transition away from fossil fuels over the next four decades.
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