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© 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.China's growth surges to 18.3% but rebound leveling off
By JOE McDONALD BEIJING©2024 GPlusMedia Inc.
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Fighto!
Does anyone actually believe the "official" figures out of a totalitarian nation? With more and more foreign firms making plans to withdraw, and consumer-led boycotts, China will be ectremely lucky to have any growth from here on.
Mr Kipling
K_A.. Maybe you missed this line...?
So a 2.3% growth, not great but much better than most other countries.
Kyakusenbi_Arimasu
This is a deceiving stat. A year ago growth was negative 18.3%. So technically the economy has not grown at all. It caught up to a year ago.
Mr Kipling
Fighto..... The IMF, JP Morgan, and ING believe the official figures but I'm sure a poster on JT has a better understanding than these so-called experts. :)
robert maes
I believe nothing from the statistics. If growth it is driven by government owned subsidised companies, receiving free loans. Domestic consumption driven by credit and inflated land and real estate prices. China will implode , allege US needs to do is keep up the pressure. Xi already needs to bully the rest of the world to meet the Chinese people from having to close a look at his devastating policies.