China’s economy ended 2024 on a stronger-than-expected note. GDP expanded by 5.4 percent in the fourth quarter, bringing full-year growth to five percent – exactly as forecasted by the Chinese leadership. This momentum gives the leadership a good position to face an uncertain 2025, but significant challenges remain. In this episode Johannes Heller-John talks to MERICS Chief Economist Max Zenglein about his takes on the state of China’s economy. MERICS Members can read the latest MERICS Economic Indicators for a more detailed analysis.