Nation continues to drive global economic growth
There is no shortage of seemingly downbeat news about the world's second-largest economy nowadays, which has stoked up global investors' concerns about the overall health of the Chinese economy, a major driving force for global growth.
This week alone, a rare downward revision of China's GDP growth rate for the previous year and a record monthly reduction in China's foreign exchange reserves last month was followed by a 13.8-percent year-on-year drop in the gross value of imports for August. This was the 10th consecutive month of declining imports, highlighting both lower global commodity prices and sluggish demand.
However, these numbers do not automatically provide a complete picture of the Chinese economy as it undergoes structural reforms and adjustments.