China grows only 2.2% QoQ in Q1

[F-22Raptor]

https://twitter.com/x/status/1648148098735292416

Chinas long term economic decline is well underway. The days of huge growth are over.

 

[nang2]

You do know that there are 4 quarters in a year, don't you?

 

[F-22Raptor]

You do know that there are 4 quarters in a year, don't you?

Chinas window is closing. Chinas getting close to the point where it will never surpass US GDP.

China has less than 10 years to catch up.

 

[Redbeanpaste]

Never!!!!! how can that be!!!!

Only 2.2 % in spite of systemic fudging.

 

[letsrock]

2.2% quarter on quarter is almost 9% annual growth.

 

[chinasun]

China's GDP Grew by 4.5% in Quarter, Boosted by

China's GDP Grew by 4.5% in Quarter, Boosted by Consumption

www.google.com

 

[F-22Raptor]

China's GDP Grew by 4.5% in Quarter, Boosted by

China's GDP Grew by 4.5% in Quarter, Boosted by Consumption

www.google.com

4.5% YoY, but 2.2% QoQ.

US only measures QoQ

 

[kankan326]

4.5% in RMB. Using USD as the measure currency is meaningless because all economic activities in China used RMB.

 

[大汉奸柳传志]

when will the US stop using such stupid measures like quarterly growth or English units, or daylight saving...cringe country

 

[leviathan]

Chinas window is closing. Chinas getting close to the point where it will never surpass US GDP.

China has less than 10 years to catch up.

Econ 101 it too hard for you. Learn the grade10th math first.

China
2013 Annual Growth Rate is 7.8%. The GDP of 2013 is 9.5Trillion. 7.8% of 9.5trillion is 741Billion

2023 Growth Rate is 5.2 (IMF forecast). The GDP of 2013 is 18.1Trillion. 5.2% of 18.1 trillion is 941Billion



Grade 10 match shows 941Billion>741Billion.


US 2023 GDP Growth rate? Less than 1%. But not worry! US have 5% inflation year! Will grow more GDP than China for sure!

 

[F-22Raptor]

Econ 101 it too hard for you. Learn the grade10th math first.

China
2013 Annual Growth Rate is 7.8%. The GDP of 2013 is 9.5Trillion. 7.8% of 9.5trillion is 741Billion

2023 Growth Rate is 5.2 (IMF forecast). The GDP of 2013 is 18.1Trillion. 5.2% of 18.1 trillion is 941Billion



Grade 10 match shows 941Billion>741Billion.


US 2023 GDP Growth rate? Less than 1%. But not worry! US have 5% inflation year! Will grow more GDP than China for sure!

You don’t get it. Outside of the initial Covid year, we’ve seen little movement in Chinas ability to catch up to US GDP in the past decade.

Chinas growth rates are declining to the point where China will find it very difficult to surpass US GDP. 2.2% QoQ is not going to cut it.

US GDP grew 2.1% in 2022, and the Atlanta Fed has US GDP tracking at 2.5% in Q1. US GDP is on track to exceed $27T this year.

 

[kankan326]

You don’t get it. Outside of the initial Covid year, we’ve seen little movement in Chinas ability to catch up to US GDP in the past decade.

Chinas growth rates are declining to the point where China will find it very difficult to surpass US GDP. 2.2% QoQ is not going to cut it.

US GDP grew 2.1% in 2022, and the Atlanta Fed has US GDP tracking at 2.5% in Q1. US GDP is on track to exceed $27T this year.

Americans are gradually becoming Indians. They are obesessed with GDP number to comfort themselves. GDP is easy to be fabricated with many measures.

 

[etylo]

https://twitter.com/x/status/1648148098735292416

Chinas long term economic decline is well underway. The days of huge growth are over.

China will become the global economy's biggest growth driver in the next 5 years, doubling the US contribution, IMF says

Brazil, Russia, India, and China together are expected to contribute nearly 40% of the world's growth through 2028, the group said.

www.businessinsider.in

 

[JSCh]

All media I came across including western MSM are reporting 4.5% YoY.

China always used Year on Year, but somebody have to pick QoQ to cope.

China's economy gathers speed, global risks raise challenges to outlook

China's economy grew at a faster-than-expected pace in the first quarter, as the end of strict COVID curbs lifted businesses and consumers out of crippling pandemic disruptions, although headwinds from a global slowdown point to a bumpy ride ahead.

www.reuters.com

With ‘Zero Covid’ Behind It, China’s Economy Starts to Recover

The economy grew 4.5 percent in the first three months of the year, a sizable pickup from the end of 2022, when the relaxation of pandemic prevention measures led to a wave of illness.

www.nytimes.com

 

[F-22Raptor]

All media I came across including western MSM are reporting 4.5% YoY.

China always used Year on Year, but somebody have to pick QoQ to cope.

China's economy gathers speed, global risks raise challenges to outlook

China's economy grew at a faster-than-expected pace in the first quarter, as the end of strict COVID curbs lifted businesses and consumers out of crippling pandemic disruptions, although headwinds from a global slowdown point to a bumpy ride ahead.

www.reuters.com

With ‘Zero Covid’ Behind It, China’s Economy Starts to Recover

The economy grew 4.5 percent in the first three months of the year, a sizable pickup from the end of 2022, when the relaxation of pandemic prevention measures led to a wave of illness.

www.nytimes.com

Because the US measures QoQ, not YoY.