World Bank says recoveries in Asian economies losing steam

China, Japan and Korea stop having children, what else for economy?

https://www.dw.com/en/china-announces-first-population-decline-since-1961/a-64417156

https://www.japantimes.co.jp/news/2022/12/20/national/social-issues/japan-depopulation-rate-record-low/

https://www.theguardian.com/world/2023/feb/22/south-koreas-birthrate-sinks-to-fresh-record-low-as-population-crisis-deepens

The point is that people realized they don't need to consume new smartphones, TV, cars if their current ones work well.

Let's hope that AI development will bring new items and then consumption will raise again.

Well, the system is based on having capital and on overconsumption and of course mainly on growth by all means. Now, anyone tell me, how should that ever work, when there are less children as future customers, money or capital distribution very one-sided in a few hands concentrated, so even if you had an outstanding innovation at hand, but can never produce and sell it? Now let’s theoretically assume, there are again one day growing populations and everyone has then some more fairly distributed money or income, but then still they strangle it all dead for their manifestos of climate change , energy saving, sustainability, recycling, using everything longer , and all such similar p.c. or woke reasons. That of course cannot work out well, attacking all main factors of the system. Luckily the big economies have still a few savings from former successful decades, but such living from the last substance won’t last forever. Soon we all are called and have to show the cards in hand, how we ever want to keep the economic system alive and growing.

Sven, American will be feeling the wrath if the government default,I have access to plenty liquid cash just in case,you should too, because it will be world wide

China having a great recovery economically following on the heels of its highly successful zero covid policy that kept rates of Covid infections and related deaths the lowest in the world.

China having a great recovery economically following on the heels of its highly successful zero covid policy that kept rates of Covid infections and related deaths the lowest in the world

This is a self defeating argument, making a recovery means there is something to be recovering from, in this case the huge deccelation suffered because of their unsustainable and antiscientific approach.

China never had the lowest rates of infections nor deaths in the world, it just hid those as reported in many different outlets including Japan Today. There is a reason why experts around the world qualified the CCP approach as a huge failure and a disaster that caused uncountable unnecessary deaths, not only because the way it was finished, but also because it caused people to die unnecessarily while being mantained.

Millions of Chinese died from covid and the three-year lockins.

This is a self defeating argument, making a recovery means there is something to be recovering from, in this case the huge deccelation suffered because of their unsustainable and antiscientific approach.

No, because China was the only country that had positive growth the whole time.

China never had the lowest rates of infections nor deaths in the world, it just hid those as reported in many different outlets including Japan Today.

No, and the world international experts had to concede that fact.

There is a reason why experts around the world qualified the CCP approach as a huge failure

This is a self-defeating statement because experts in China qualified the West's approach as a huge failure. While over one million had dies in the US for example, less than 6,000 covid deaths were seen in China. And Australia and New Zealand had some of the highest rates in the world, and also went into recessions, according to government statistics (even India's).

But not including China, growth is expected to slip to 4.9% in 2023 after a rebound from the worst of the pandemic of 5.8% in 2022, it said.

China performing well while other Asia-Pacific countries are seeing their growth slip.

No, because China was the only country that had positive growth the whole time.

How does this refutes the argument that a recovery means there is something to recover from? (in this case a huge reduction of the growth?) Again, this is a claim you yourself made, so you are contradicting what you previously wrote, are you recognizing you made a claim that was wrong?

No, and the world international experts had to concede that fact.

Not according to any source that can be found clearly explaining that the Chinese goverment hid cases and deaths systematically, for example by not counting as a covid death when the patient had any other condition.

What source do you have to disprove this clear manipulation?

This is a self-defeating statement because experts in China qualified the West's approach as a huge failure.

So if the best experts of the world predicted the huge failure of the Chinese approach months before it happened while the Chinese said the contrary that means the experts were wrong? That makes no sense, and you need to understand what a self-defeating statement means, making a false claim to try and contradict what the experts said do not make their scientific conclusions self-defeating.

But not including China, growth is expected to slip to 4.9% in 2023 after a rebound from the worst of the pandemic of 5.8% in 2022, it said.

So this account also recognizes a rebound? this means that the policy followed by the CCP had a profound negative effect that is finally being corrected, unfortunate that it required millions of unnecessary deaths to reach that pont.

China performing well while other Asia-Pacific countries are seeing their growth slip.

So your argument is that covid was the only factor that affected the growth of the region? Because if not your claim is irrelevant.

How does this refutes the argument that a recovery means there is something to recover from? (in this case a huge reduction of the growth?)

Economics can be difficult!

So, you have positive growth with China. And of course the figure varies month to month. One month its growth is not as high as another month, but unlike the other countries mentioned in the article, which had negative growth during Covid, China's growth is going to be even higher while the other countries current growth slips.

Here--I will save you the obvious trouble from going through this article:

Across the Asia-Pacific, economies are expected to grow at a 5.1% annual pace this year, up from 3.5% in 2022, the report said. But not including China, growth is expected to slip to 4.9% in 2023 after a rebound from the worst of the pandemic of 5.8% in 2022, it said.

Economics can be difficult!

Specially if you want to say a rebound is happening without a negative effect to be rebounding from.

Economics become much more easier when you don't try to refute your own claim, China had a very important decceleration of growth thanks to their unsustainable and failed approach against covid, and after it abandoned (to the cost of millions of lives unnecessarily lost) it rebounded. This is what you yourself argued.

Also, since you present no argument to prove that covid is the only factor affecting the different economies of the region, are you retracting your claim that the differences are because of it alone?

China: More than a million could die from COVID in 2023

With crematoriums working 24/7 and 1.6 million predicted deaths, where is the Chinese government's medical response?

https://www.dw.com/en/china-more-than-a-million-could-die-from-covid-in-2023/a-64175560

Great to see China continues plowing ahead, particularly boosted forward more by a rebound that accelerates its growth even more, leaving its Asian counterparts in the dust.

particularly boosted forward more by a rebound

Exactly the point, a rebound can't come without a negative effect to rebound from, unfortunately this rebound came at the predicted cost of uncountable unnecessary deaths, clearly contradicting the claims of some people that baselessly said the CCP was prioritizing lives with their approach, something that was tragically proved false as the international experts said months in advance.

Oh, you misunderstood the rebound

Then you are the one having difficulties with the meaning of the word, a rebound towards a positive (in this case the speed of the growth) unequivocally means there is something negative that came before and from which China is rebounding. You are actually contradicting yourself by calling it a rebound without any change, which obviously makes no sense. It is like calling a fever that was high is "rebounding" by becoming even higher, obviously wrong.

then countries other than China that were in the negative were in the red

How does this makes it less wrong to say China is rebounding from good to good? you are not defending your self contradictory claim, rebounding comes after a change of direction of something (decceleration to acceleration), saying that there is no change means you are saying you are wrong by calling it a reboud, but that is not true because that is what experts are also calling it.

I am criticizing you for arbitrarily changing the meaning of the word you want to use because you don't want to accept what it actually means, and the experts criticize China for sacrificing well over a million lives directly to reach that rebound.

So you are arguing against yourself(elves).

The one using a word and then saying that word is wrong to be used is you, not anybody else.

China's economy has made incredible strides even throughout the Covid crisis and it is surprising other Asian countries are not heading in the same direction as China-even those that also adopted China's successful zero covid policy, which is why China's economy is continuing to grow while countries like Australia and New Zealand, which suffered greatly economically because of their poor covid strategies, are having a slowdown in their growth.

China's economy has made incredible strides even throughout the Covid crisis and it is surprising other Asian countries are not heading in the same direction as China-even those that also adopted China's successful zero covid policy,

It has been widely reported that the "success" of the policy only meant hiding cases and deaths, as well as having a deeply negative effect on growth, civil rights, access to health services, etc. Other countries do not have the benefits of near absolute authoritarianism that made it possible for the CCP to sacrifice uncountable lives for this mean.

While countries like Australia and New Zealand, which suffered greatly economically because of their poor covid strategies, are having a slowdown in their growth.

The examples you mention actual refute your claim, because both countries had the worst economic problems while on zero covid policy, recovering after the situation made it unsustainable and counterproductive to keep it.

It is also telling that you have not yet provided a source that proves covid is the only factor affecting the different economies, without it your claim makes no sense because other factors can be much more important and explain the differences between countries.

All three accounts making this claim could argue against these arguments, but have refrained from doing it, that is another thing in common.

It is interesting even at this stage that people believe in Chinese conspiracy theories. But as described vividly in this article, China is making economic gains that its Asian neighbors are not. All the while havjng had a more successful Covid policy that experts advised was the best way to reduce infections and death rates, and turned out to be true based on statistics and scientific consensus.

It is interesting even at this stage that people believe in Chinese conspiracy theories

You mean the own Chinese health care experts that denounced this situation when it happened as reported in many different news outlets including Japan Today? that is not a conspiracy theory, it is simple a descritption of what was proved to happen in China during the pandemic.

 All the while havjng had a more successful Covid policy that experts advised was the best way to reduce infections and death rates

The opposite is what actually happened, experts called the policy unsustainable and that would put in risk the lives of millions of people if not replaced with actual scientific based approaches, which unfortunately was exactly what happened when the CCP recognized they could no longer mantain it, but without first doing what the experts recommended, which is what originated a disastrous exit that made countless people die unnecessarily.

Making a false appeal to unexisting statistics and scientific consensus is another thing in common between the accounts of Roxy Music, CPTOMO and RKL, repeating those invalid appeals do not make them more valid, it only makes it evident that all three accounts recognize this appeal is false.

Im putting my money back in China instead of the other Asian economies that are not having continued positive growth like China. Poor Covid policies are still affecting the economies of those and other countries like Austraia and New Zealand of which, has been pointed out, had inadequate covid plans and were hit hard, while China was unscathed in comparison.

Again, do you have any reference that says covid is the only factor that affects the different economies? you keep making that claim but never supporting it. Pretending all the countries in the region have growth only depending on covid policies is obviously incorrect and a complete misrepresentation of the actual factors.

Today it was reported China's economy is growing even more.

China has left the other Asian countries in the dust, which along with New Zealand and Australia fell into recessions, and are still suffering economically from the poor Covid policies.

Today it was reported China's economy is growing even more.

Yes, as a rebound, from a terribly obvious slowing down thanks to the pandemic and also because of their antiscientific approach to it.

China has left the other Asian countries in the dust, which along with New Zealand and Australia fell into recessions, and are still suffering economically from the poor Covid policies.

You forgot (again) to provide the source that proves covid policies are the universal factor that affects by itself all the economies, without it your claim is still false.