Official: China's economic growth likely to slow due to virus, floods


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Also that billions of consumers are doing everything they can to avoid chinese products.

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If they say things are slow and project 5.9% in reality it’s 6.8% but not the 8% as once thought. When things are going well, they’ll say it’s slow, the pandemic has hit hard. It’s the crouching Tiger mentality or “an eagle won’t show its talons” non-bragging way of thinking. The Japanese do this too: “I didn’t study at all” or “that was the hardest test” then gets the high score.

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Compared to Japan, China is in a major growth phase…

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