HONG KONG—Despite a solid economic performance in the second quarter of the year, Chinese policy makers are expected to walk a fine line between supporting growth amid rising downside pressures and letting the economy run its course as they pivot to tackle longer-term challenges.compared with a year earlier.
Averaging growth rates from the past two years to strip out pandemic-induced statistical distortions, China’s economy expanded by 5.5% in the second quarter—higher than the average 5% growth rate for the first quarter of the year, and drawing close to the pre-pandemic trend line. But beneath the robust growth numbers lurk mounting risks for the economy, including an expected tapering off in global demand for Chinese goods, slower investment in manufacturing and real estate, and the threat of fresh Covid-19 outbreaks that could weigh on domestic consumption.
China’s economic rebound also remains unbalanced, with domestic demand languishing while factory production and exports propel the economy.
And that of course presumes that one takes reports from the CCP at face value
are forged numbers
美國有望依靠無限制的印鈔票和給公民發錢來維護自己的統治,再這樣的“美國 維穩”背後,潛伏著越來越大的通貨膨脹和危機。
Every economic data from China always seems to say how wonderful they are doing
horrible