HONG KONG—For years, economists have warned that China’s economy suffered from an imbalance that made its rapid growth unsustainable. The country was too reliant on investments and didn’t have enough consumer spending.
On Tuesday, China reported numbers that showed consumer spending was playing a stronger-than-expected role in driving its recovery after the country lifted its stringent zero-Covid measures. The big question is whether it will last.
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The Biden administration is eating too much of the bones and flesh of the Korean economy and diplomacy. It's predatory. They are demanding the release of original technologies for batteries and semiconductors. From a distance, it is also a loss for the United States.
Lol don’t you mean “ BuT aT WhAt CoSt”
When I look for accurate, reliable economic data, I always turn to a totalitarian communist government.
Who believes the ccp?
Or the numbers are not complete fiction... ccp
Good for health, let the price rise higher.
It is reported nearly 20% young people can’t find jobs. How many people are willing to spend when job security is a major concern ? I wonder how long the consumption demand can support the economic growth.
Why would a true American company invest and build in China? Reason :money over patriotism and the future of the success of the country that gave them the opportunity to become successful.
China 🇨🇳 and Russia 🇷🇺, will be completely economically, and commercially isolated from west! 🇺🇸
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