More ‘unconventional moves’ needed to boost China’s economy: Economist

[@dashong8912]

CNA seldom has anything good to say about China's economy.

[@chenghonggoh4746]

Too truthful that it hurts

[@dashong8912]

@@chenghonggoh4746 Not sure how truthful they are here.

[@chenghonggoh4746]

@@dashong8912 just compare around the various media news network

[@dashong8912]

@GoldTau-s5j Sounds more like the wish of the West.

[@chenghonggoh4746]

@@dashong8912 Just compare the reports of the various media outlets to get near to the truth

[@liar-liar]

Looks like the US Israel sanctions and tariffs do work 😂😂😂

[@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?

[@superconnie5003]

Their stimulus moves no effect

[@Buttercookies0]

When a nation is not spending, what economy are we talking about?

[@valetudo1569]

You are coping by drawing a false equivalency. This is something different....akin to Japan in the 1990's

[@Buttercookies0]

@@valetudo1569 What's the difference? Whatever the different underlying reasons are, as long as the people don't spend, there is no economy to talk about.

[@happymelon7129]

😨Oh Noooo!!! All Emerican Europe companies should sell their company in China , no customer , going to lost .😆 Let the Chinese to take over to make lost.😆

[@xxoo-lp6vc]

​@@happymelon7129😂

[@deebil8099]

The CCP has been saying they plan on increasing consumption for 20 years now. It has only gone down... This is a joke.

[@angeluscorpius]

"Unconventional" translates to "risky", "untested", and extreme. For a conservative govt like the CCP, it is anathema. Can the CCP act unconventionally? It would be risky, untested and unproven. Not the CCP's cup of tea.

[@lokesh303101]

Fixed Asset Investments did Increase.

[@redmigeeold1417]

See what ChatGPT has to say about China's continual growth. China's Economic Outlook for 2025: Growth Rates: China's GDP growth is expected to moderate, potentially around 4-5% U.S. Economic Outlook for 2025: Growth and Resilience: The U.S. is forecast to maintain moderate GDP growth, likely in the range of 1.5-2.5%

[@valetudo1569]

Oh I have done this, and ChatGPT tells me the exact opposite of what it tells you. You are a bot/Wumao/nationalist

[@djibicisse]

I think you failed maths 2.5% of 30t and 4 plus of 18 t is the similar 😂😂😂

[@redmigeeold1417]

@@djibicisse That's how China builds up to the 2nd largest economy (1st largest by PPP) and continues breathing down on the US. Bit by bit, one step at a time.

[@djibicisse]

@@redmigeeold1417 yup it takes long Because usa economy is very diverse No just export or housing based It’s extremely resilient Not japan Germany or india can come close certainly not Russia lol Only usa and China are capable of that

[@redmigeeold1417]

@@djibicisse It is true it was the cradle for global economic progress. But it got greedy, conceited and self-centered. Having only one overwhelming superpower poses a moral hazard to the world. Fortunately, the 2nd one is knocking on the door, and am looking forward to see a 3rd.

[@ntxoovyiasyaj-jerry9937]

China will change into complete service economy when you ask an elementary student if they cannot find foods for their family and they answer they will protest their government.