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Real GDP growth in Q4 was 0.5%, so it’s a heck of a lot better than that. 2% is average for past decade+.
by paulddraper 5mo ago
Real GDP growth in Q4 was 0.5%, so it’s a heck of a lot better than that.
2% is average for past decade+.
- TurdF3rguson 5mo agoSure but China had double digit numbers for decades. 2% doesn't cut it unless you want your grandkids speaking Mandarin.
- infamia 5mo agoChina hasn't seen 10% GDP growth for 15 years. It will likely fall in the 4-5% range this year as it was last year. China has a self-inflicted population decline problem that the U.S. doesn't, which will weigh on China's future growth prospects. https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG?locations=CN https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG?locat...
- nradov 5mo agoAre China's numbers accurate? They've clearly had huge growth over the past few decades but the economic statistics are heavily manipulated at all levels and the raw data is kept secret. Top-down external estimates generally put real growth rates a bit lower.
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