China’s Economic Activity Cools More Than Expected
China’s economy lost momentum in August as activity cooled across the board.
Maximilian Bauer, earned his degree in International Economics and Finance from the University of St. Gallen in Switzerland in 2014. He has dedicated his career to understanding the dynamics of the European Union economies, working as a strategic analyst in German banks and providing consultancy to the European Central Bank. Maximilian is well-versed in global market trends and has a reputation for his in-depth analyses of economic policies and their impacts on international finance.
China: 5% GDP growth, economic collapse!
United States: 3% GDP growth, good development!
Europe: 0% GDP growth, stable development!
I am still puzzled by the claims of a “cooling” Chinese economy. 4.5% growth in any other economy would be considered a boom. No, it isn’t the official target, but it is still a lot of growth in the world’s second biggest economy.
ancient chinee proverb say that…. chinee peopor cannot love…. 🙅♂🚫❤👉
Given the fact that most of their economic reporting is grossly inflated and is filled with lies it is difficult to determine how soon the Chinese economy will completely collapse which it will.
No way
I don't understand how it could have growth in China present situation, outside their fake numbers….!?
China is a country of losers living in fantasy land playing pretend and scamming foreigners
BOYCOTT America porduct
Woohoo. Stagflation here we go.
Spy balloons, trying to occupy neighboring countries during Covid
Tired of China collapsing narratives over decades. The fact is all these major countries have been doing fine and will continue doing fine compared to those less mentioned countries. Managing the difference between major countries is crucial than the short-term economics ups and downs.
When it rains, it pours. The problem is the feedback loop without Government borrowing and spending. Long term, China will be fine. Short term, I'm not so sure.
Close manufacturing and go back to rice farming 🇨🇳
Don't worry, the Chinese Statistics Bureau will make China's economy reach its growth target again at the last minute.
Slow? The exporting from China hit an all time high in August, meaning despite of the trade and tariffs, the US and EU keep buying from China. The trade wasn't successful to decouple from China. If your politicians told you otherwise, they are lying.
China lies with these numbers.. they have crushed the estimates but don't want world to know they do not struggle..
Remember china always lies!!!
The voices claiming that China's economy is going to collapse are growing increasingly louder. However, as we can see, China's economy shows no sign of collapsing. China boasts excellent infrastructure, a powerful government, a vast array of financial tools and many other advantages to navigate through this period of growth transformation. Once China overcomes this obstacle, the United States and its allies will find it impossible to stop China's development.
FED UP WITH THE WEST BASHING THE SINGAPORE ECONOMIC MODEL AND POLITICAL SYSTEM AND ECONOMIC SUCCESS,THE LATE LEE QUAN YEI OF SINGAPORE SAID..( WHY DO YOU WESTERNERS THINK UNLESS WE BECOME LIKE YOU EUROPEANS, WE ARE NOT SUCCESSFUL? IF YOU THINK WE ASIANS ARE AS STUPID AS YOU THINK WE ARE, WHY ARE WE THIS SUCCESSFUL? ) WHEN IT COMES TO THE CHINESE ECONOMY THE RESULTS SPEAK FOR THEM SELVES.
THE CHINESE ECONOMY IS NOT BASED ON THE WESTERN ECONOMIC RULES MODEL AND SYSTEM.. THEY DO NOT WANT A FINANCIALIZED ECONOMY THAT BENEFITS ONLY THE RICH AT THE EXPENSE OF THEIR PEOPLE. COMMON PROSPERITY. IS THEIR ECONOMIC MODEL.THEY DO NOT CARE ABOUT THE STOCK MARKET AND LESS THAN 10% OF THE CHINESE POPULATION OWNS STOCK.. THEY HAVE A TRADE SURPLUS OF AROUND 1.2 TRILLION DOLLARS A YEAR, DOMESTIC SAVINGS OF AROUND 12 TO 18 TRILLION DOLLARS . THEY DO NOT NEED WESTERN INVESTORS OR CAPITAL TO SUSTAIN THEIR ECONOMY.. THEY BURST THEIR REAL ESTATE BUBBLE OM PURPOSE TO STOP ALL SPECULATION IN THEIR ECONOMY. THEY DO NOT MEASURE ECONOMIC SUCCESS BASE ON GDP GROWTH..BUT LIFTING 850 MILLION PEOPLE OUT OF POVERTY AND IMPROVING THE STANDARD OF LIVING FOR THEIR CITIZENS.. THE CHINESE ARE NOT PLAYING BY OUR RULES..
All these issues stem from an economy grappling with uncertainties, including housing problems, foreclosures, global fluctuations, and the aftermath of the pandemic, leading to instability. Rising inflation, sluggish growth, and trade disruptions demand urgent attention from all sectors to restore stability and stimulate growth.
狗嘴里吐不出象牙
Once real estate drops everything follows. For average people.
🤣🤣🤣🤣 FAKE news 🥳🤡🌏🐒🍌🍌🍌🍌🍌🍌‼️
“Cull ALL the Birds!”-Mao Zedong
“Egg Fried Rice anyone?-Mao Anying
“Me like left nostril most!”-Mao Xinyu
“I’LL plan the economy!”-Mao Jinpork
“China is safest county in world!”-Xu Ganlu
“Corruption is rampant in China!”-Victor Gao
Wrong! There is no economic growth in China. Its all a loss. I would not be surprised if China's economy is at -50% from a year ago at all.
And what happens if you’re wrong?
And today the Chinese Navy rammed another Filipino ship that had a CNN news crew on board. No American company should build anything in China when you have the real chance that China causes it to be usuable. There are too many other cheap options in SE asia.
Good. Let’s manufacture in other countries like Thailand, India or Phillipines. Let’s not fund this tyrant.
They will meet their targeted growth target. One fudged number after another.
So more stimulus packages (bazooka) would mean greater inflation. Which means Chinese products and services would become more expensive, right?
What do you expect? Xi has deflated the real estate sector in China. It’s a big and bold move. If the market doesn’t like it, so be it, but it’s the right thing to do. You can’t keep inflating the property bubble for GDP numbers. Meanwhile, watch out the asset bubble in the US. You can’t keep it up forever either.
Better than US and EU is you guys in Bloomberg are looking forward to 1.4 billions $ from th congress in anti china fund !? 😂 What a pathetic outlet it's becoming
India is the Future 🇮🇳💪
😂😂
is China growth the same as the US GDP? 4.7% growth is good if so!
In an economy as large as that of China, 4.7% GDP growth is very very different from around 5% growth.
Explain why their trade surplus was 91 billion in August, 85 billion in July and 99 billion in June. I wish we have that kind of surplus.
India absorbs China's economic growth
Please bring in Gordan Chang!
Perfect!
pushing propaganda everywhere continue
I suspect China is experiencing negative growth.Even those low numbers are massaged by the CCP.
This story seems similar to Japanese stagflation in the 90s. Personal consumption has always been a much smaller percentage of Chinese GDP, around 40%, which probably leads to deflation. The Chinese are going through a massive real estate bubble, that hasn't burst yet, maybe never, just a slow stagnation for a couple decades? Also, the Chinese are at the beginning of their demographic collapse. So, the only thing that the Chinese can really do is try to Export their way out over the next 10 to 20 years while their demographics stabilizes. Their real growth is probably closer to 0%.
Growth targets at 5% that’s outright fraud
Mean while the US congress just passed a 16 billion bill for negative propagandas for China.
Meanwhile, Indian workers were on strike and protesting against companies (Samsung) and Manipur is burning. Indian economy is in shambles but the Indian dominated medias (Indian CEO) continue to protray themselves as the "fastest growing economy". 🤭
Not unexpected. Imo very highly expected. It doesnt surprise me at all tbh, it will only get worse under this current administration 😂
Meanwhile the Manipur genocide done by India is still on going.