Governor Gavin Newsom announced that California is now the fourth-largest economy in the world.

California is now the world’s fourth largest economy, Gov. Gavin Newsom announced Wednesday, citing new data from the International Monetary Fund and the U.S. Bureau of Economic Analysis.

The final year of the 14th Five-Year Plan (2021-25) is already halfway through. How has China's economy performed in the first half of 2025?