F-22Raptor
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China GDP plummets to 0.4% in Q2
- Thread starter F-22Raptor
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Jackdaws
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Given Chinese propensity to lie and fudge numbers, even that seems too high.
leviathan
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U.S. first-quarter GDP shrank 1.6%. I bet US will shrank more in second quater.
No one give shit about india's data at all.
Jackdaws
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Lol. OK.
FairAndUnbiased
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Skull and Bones
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Aww!
retaxis
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Indian IQ too low to understand so they slander and look retarded to cope
India is worse than usa, more than 6 million covid deaths, tens of millions injured or retarded.
KampfAlwin
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In hinduland, life is cheap.
lightoftruth
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Chinese banks are having a liquidity crunch, huge number of people are outside demanding their money to be withdrawn.
The chinese bubble is finally bursting.
The chinese bubble is finally bursting.
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MH.Yang
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Wow, really? Congratulations to Indian.
Broccoli
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You assume that Chinese govt is telling the truth about their covid deaths.
Economic numbers can be faked only so much and builing low quality high rises and then demolishing them later on isn't good way to run economy.
China Blows Up 15 High-Rises Because Constructors Ran Out of Money to Finish Them
Tons of explosives were detonated to tear down the half-finished apartment buildings in China.
www.vice.com
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KampfAlwin
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Ah yes, because it is soooooo easy to hide millions of deaths.You assume that Chinese govt is telling the truth about their covid deaths.
Economic numbers can be faked only so much and builing low quality high rises and then demolishing them later on isn't good way to run economy.
China Blows Up 15 High-Rises Because Constructors Ran Out of Money to Finish Them
Tons of explosives were detonated to tear down the half-finished apartment buildings in China.
MH.Yang
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In the second quarter, China's domestic demand was confirmed to be seriously affected by the covid City closure policy, and the GDP growth rate was very low.
But plz guess why they only discuss the GDP growth in the second quarter, but not the import and export data, inflation rate and other economic indicators in the second quarter.
In fact, our exports have once again recorded record growth. And after lifting the city closure, domestic demand is rebounding significantly. Our GDP data this year will be very beautiful.
China is also the only major economy in the world that has not been hit by inflation.
BTW: A bank in Henan Province has frozen all its accounts because it was involved in a fraud case, and these Indians are using it to fabricate rumors of a run.
China’s Record Trade Surplus Shows Exports Staying Resilient
People keep prophesizing about how China will suffer in a new era of retreating globalization and supply-chain reshoring, but the latest official numbers show no weakening of its standing as a trade powerhouse.
www.bloomberg.com
