The global economic crisis also hit China and international demand for its products is falling. Beijing is responding with wide reaching economic reforms.
Who benefits the most from increasing globalization? It's people in industrialized countries, says Germany's Bertelsmann Foundation in a new survey. Nonetheless, globalization "is not a zero-sum game."
Despite the threat of a trade war with the US, China's economic growth has exceeded expectations, allowing an opportunity to address certain problems, says DW's Frank Sieren.
For years, industrial nations have exported their garbage to China. But Beijing wants to put an end to this: The country has its own problematic waste, DW's Frank Sieren writes.
China's GDP grew 6.9 percent in 2017 — the fastest pace in two years and higher than expected by analysts. The economy's strong rebound came despite efforts to curb financial risk from excessive debt growth.
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