# foreign reserves

China’s Economy Hits a New Plateau at RMB140 Trillion as Washington Tightens the Screws

China’s GDP surpassed RMB140 trillion, reflecting broad‑based growth across agriculture, industry and especially services, with consumption playing a leading role. Washington has reacted with layered export controls and investment restrictions aimed at constraining technology transfer and capital flows, prompting Beijing to double down on domestic resilience and indigenous capabilities.