"China's Fourth-Quarter GDP Misses Estimates, Resumes Youth Unemployment Data Posting"

TL;DR Summary
China missed fourth-quarter GDP estimates, reporting 5.2% growth for 2023, slightly below expectations, while also resuming the release of youth unemployment data, with a rate of 14.9% for those aged 16 to 24. Retail sales grew by 7.4% in December, industrial production rose by 6.8%, and fixed asset investment increased by 3%. The population shrank by over 2 million people in 2023, and the statistics bureau emphasized the need to enhance economic vitality and mitigate risks for sustained growth.
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