The post-pandemic performance of China’s economy

China’s leaders often boast of their country’s economic achievements, especially recently, in the wake of the Covid-19 pandemic. The official narrative is simple. While the rest of the world continues to endure great economic pain, China is almost back to full strength. In reality, the situation’s much more complicated - partly because GDP growth can be measured in various ways and it’s always presented in a very flattering light by the official Chinese media. And while some sectors and regio...