Pakistan, June 16 -- China's economy is projected to grow by 4.5% in 2025 and 4% in 2026, according to the latest China Economic Update from the World Bank Group. While these figures may appear modest in comparison to the breakneck pace of earlier decades, they remain robust when set against the backdrop of a global economic slowdown.

China's relative resilience is no accident. It is the result of a deliberate and increasingly strategic shift in macroeconomic policy. As trade restrictions and external uncertainties take a toll on exports and manufacturing, Beijing is leaning into fiscal policy to cushion the blow by ramping up infrastructure investment, expanding subsidies, and bolstering social protection. In effect, China is applying t...