China President Xi: Economy To Hit Target | Bloomberg The Pulse 12/31/24

[@ArabicReja973]

Chinese property sector, which accounts for 30% of GDP, is crashing. - Exports and imports, accounting for 37% GDP, are down. - Foreign investment (FDI) is falling over 90%, lowest in 3 decades. - Foreign visitors are down 96% compared to the 2019 pre-pandemic level. - Consumer prices are experiencing deflation. - Youth unemployment hits over 21%, a record. - Its fast-shrinking workforce is 10 years older than neighboring countries. *Still, China keeps reporting outrageous GDP numbers.* Lol Where does the growth come from?

[@jimd8752]

Easy out of thin air. They make it up and leave it up to people to choose what they want to believe. I wouldn’t touch a Chinese stock or anything associated with China as their entire economy is a complete. Lie!

[@balkanleopard9728]

Googling numbers without context, or understanding what they mean, is easy. Gordon Chang and Peter Zeihan have been predicting the collapse of China for 30 odd years - but I guess they are just a bit early in the game. The first item on your list says it all. The Western taxpayers bail out their failing banks, auto companies, etc. China lets failing companies fail - but protects the ordinary citizen. Evergrande has gone and China will be all the better for it. Item 2 is a straight out lie - both imports and exports are up in 2024. The rest of the list is similarly "unreliable". But believe what you want - truth will out - but don't spread "fake news".

[@jaisriram295]

The fairies 😂

[@LANDONNeedham]

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[@lastChang]

Talking about falsifying records, in 2023, real China's 🇨🇳 economy shrank -3.5% as opposed to 5.2% expansion as officially announced. - So this year, they will just publish a 5% growth regardless of their economy.

[@yanakal652]

@@lastChang sure it did

[@jennygrant143]

Ok Mr.Gordon

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I am holding XAI317K as well in the UK here we have a thing called capital gains tax free whereby if you purchase XAI317K then you obviously don’t have to pay Tax.

[@PatriciaVasquez-d3h]

Hacking our Treasury department? Elevator bird brains😊

[@Blueyes21]

I doubt it's 5% more like 2%

[@har8397]

I'm 42 years old.I've been waiting since I was in college for the "european reversal " never gonna happen. And if you understood america europe in the world you don't understand why...

[@balkanleopard9728]

Please explain; what do you mean by "european reversal"? As a guess, I assume you are taling about some reversal in European growth - and that this "never gonna happen". Well, you most probably don't live in Europe. All European economies are in trouble - every metric says so. Citzens are rejecting the mainstream political parties and their worn out lies. Europe is in for a rough 2025.

[@kristenhuang7]

Congratulations, China! Although I am not Chinese, my talk show has an impact, and I am an author.

[@beautanner8409]

Wow that's weird...I thought Xi Jinping was going to address the nation about his severe concerns he had for their economy. No worries everyone, we can breathe easily.

[@balkanleopard9728]

Yes, like all countries in thid fraught world, China has economic issues. Fortunately they are being dealt with - unlike in the West where they are just kicked down the road. You are quite right to breathe easily, competent people in China are dealing with the situation.

[@justinpagelawrie]

Yup, China's fault. not the failing western markets, system, ideology and internal contradictions.

[@ssuwandi3240]

Average Growth above the rest of the World is a falling market??🤤🤤

[@justinpagelawrie]

@@ssuwandi3240 yup america number one. wait and see.

[@ssuwandi3240]

@justinpagelawrie tbh the fault was a fabricated dollar pegged currency.. and intense Silver Tsunami esp. in China ..

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[@SwishASweetP-t3p]

How bout keeping his house

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[@amunra5330]

Pretty sure the lastchang wont like this lol.

[@kenhollen5906]

Western propaganda purveyors

[@gfan003]

Future is all AI, Chinese military manage to link up ten thousand robots in one go after the Latest upgrade. Fun times ahead.

[@geodive5542]

Lol

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[@VirginiaMarieFloresBeltran]

Happy new years ecer everyone done doing sll I had to do today with all this political drama. Sorry for the sudden approach on all the politics but sometimes well you know I was working tirelessly before this I never really had time but we’ll just know that a lot of things occured and you can say God really answers so with that I’ll step back now Finnish today like it’s a new day and tomorrow try to not be so involved cause today I said I’m done I love this but it don’t pay you can’t really teach a legend or a genius. Consideringi had a ,09 in high school and still graduated ha truth in that but it’s more that God just gave my this opportunity long ago I foff dad nt even know how to start but anyway yeah so hope you all had a wow moment again if you saw or heard anything that I’m talking about and I can care less if no cause my mission is done after today I’m Ragnar to hear the sounds at midnight

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