China's latest growth figures are out, and they're not good — growth of 7% from this time last year is the slowest in six years. Industrial production, retail sales, and investment all missed their forecasts. If China measured growth the way the US does (measuring the quarter-on-quarter change and then annualising it), it would have recorded only a 5.2% expansion (barely faster than the US in Q3 last year).
China's Rapid Economic Slowdown Is Probably Even Worse Than The Government Will Admit
Mike Bird, Business Insider
Sun, 04/19/2015 - 3:45am
BING NEWS:
- Hold the champagne on China’s economy
CHINA’S short-term economic prospects no longer look ... The bank attributed the slowdown to the effects of rapid tightening and “the weakening international trade environment”.
05/9/2024 - 12:59 pm | View Link - China’s export-led growth model is broken and Beijing may be at a loss to fix it
Among other factors, its slowdown is due to rapid aging ... Xi has created new party committees on economic and financial affairs that supersede government bodies. He has surrounded himself ...
04/5/2024 - 1:22 am | View Link - China's economic woes
Q: What are the economic factors contributing to the slowdown in China’s economy? Is China heading toward a recession? Ross: There is a tendency to expect strong and dramatic Chinese government ...
09/23/2023 - 8:43 pm | View Link - China’s economy is in trouble. Here’s what’s gone wrong
But in recent weeks, its economic slowdown has alarmed ... among youth has gotten so bad the government has stopped publishing the data. To make things worse, a major homebuilder and a prominent ...
08/21/2023 - 1:11 am | View Link - China's National Congress offers hints at year ahead
About 3000 representatives from the government ... accept an economic slowdown in order to reduce debt. However, the country's unexpected trade friction with the US has made things worse.
04/9/2023 - 10:29 am | View Link - More
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