SHOCKS! More SHOCKS! China 2025 Q2 GDP +5.2% ......

It is shocking when talking about GDP and citizen wealth and living standard


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What is the GDP forecast for China in 2024?
We forecast China's real GDP to expand by 4.8% in 2024 and 4.5% in 2025. There are several near-term downside risks to monitor: the ongoing property downturn; persistent weakness in domestic aggregate demand, and external uncertainties affecting exports.11 Dec 2024.
https://www.conference-board.org/researc...24-October
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(18-12-2024, 10:07 PM)Tee tiong huat Wrote:  What is the GDP forecast for China in 2024?
We forecast China's real GDP to expand by 4.8% in 2024 and 4.5% in 2025. There are several near-term downside risks to monitor: the ongoing property downturn; persistent weakness in domestic aggregate demand, and external uncertainties affecting exports.11 Dec 2024.
https://www.conference-board.org/researc...24-October

Economy Watch | China
Monthly updates on the state of the economy in China...China’s GDP expanded by 4.6% in Q3 with momentum improving slightly in September
October 30, 2024. In line from 4.7% in Q2. This was largely driven by weakness in aggregate demand because of the property downturn and restrained private consumption, a slowing pace of infrastructure investment, and a relatively high base of comparison in Q3 2023. 

The stimulus measures released in September and October, and the expected fiscal stimulus that will be announced in early November, will support growth, but a large part of it will only be felt next year. Also, what is really needed for a sustainable growth rebound are significant structural reforms, which will take time to take effect; as such, we expect the market to continue being characterized by weak spending and intense price-based competition.
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https://inews.hket.com/article/3881839/%...5%E3%80%8D

渣打繼而上調中國2024年第4季GDP增長預測,由原先的按年增長4.8%升為5.3%,全年增長預測亦由4.8%上調至5.0%。 Clapping Clapping Clapping
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她妈的不是13%Meh? Useless china
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(03-01-2025, 05:39 PM)Sharexchange Wrote:  她妈的不是13%Meh? Useless china

Your ex-China wife's 妈妈's wealth increased so much ah?
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Actually China’s GDP is flat for the last 3 years at around 17 Trillion.  The USA GDP is the one that is growing. Someone played around with the statistic figures.


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(18-12-2024, 10:11 PM)Tee tiong huat Wrote:  Economy Watch | China
Monthly updates on the state of the economy in China...China’s GDP expanded by 4.6% in Q3 with momentum improving slightly in September
October 30, 2024. In line from 4.7% in Q2. This was largely driven by weakness in aggregate demand because of the property downturn and restrained private consumption, a slowing pace of infrastructure investment, and a relatively high base of comparison in Q3 2023. 

The stimulus measures released in September and October, and the expected fiscal stimulus that will be announced in early November, will support growth, but a large part of it will only be felt next year. Also, what is really needed for a sustainable growth rebound are significant structural reforms, which will take time to take effect; as such, we expect the market to continue being characterized by weak spending and intense price-based competition.

China's GDP grew 5.3% year-on-year in the first quarter of 2024, which was higher than expected and better than 5.2% growth in previous quarter. 

This growth was a strong start to the year, and it increased investor confidence in the market.


Here are some details about China's GDP growth in the first quarter of 2024:

GDP: China's GDP reached 29.63 trillion yuan (about $4.17 trillion) in the first quarter.

Quarterly growth: The economy grew 1.6% on a quarterly basis in the first quarter.

Forecast: The 5.3% growth beat the average forecast of 4.5% by 31 economists.

Govt target: China's govt is targeting GDP growth of "around 5%" for 2024.

Factors driving growth: Some factors that contributed to the growth include rising production demand, stable employment & prices, and growing market confidence.

Manufacturing: The "new three" industries of EVs, solar panels, and batteries have contributed to the growth in manufacturing.

Concerns: However, there are some concerns about the economy, including a mismatch between consumption and production, and between small & medium-sized enterprises and large enterprises. 

There are also concerns that China's overcapacity in certain industries could hinder domestic industries in the US and European Union.
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(04-01-2025, 09:00 AM)Tee tiong huat Wrote:  There are also concerns that China's overcapacity in certain industries could hinder domestic industries in the US and European Union.

WTF is "overcapacity"???!!!  Rotfl
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This one lagi shocking. They used up almost all the reserves. Now figure catching up with India. 

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CNY jialat


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(04-01-2025, 11:08 AM)revealer Wrote:  This one lagi shocking. They used up almost all the reserves. Now figure catching up with India. 

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Revealer posting more BULLCRAP as always. Reserves never dropped you pukimak liar.

 CChina’s foreign exchange reserves rose by $4.8 billion to $3.266 trillion in November 2024

https://tradingeconomics.com/china/forei...e-reserves
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(04-01-2025, 11:54 AM)revealer Wrote:  CNY jialat

Jialat for many decades liao lah!  Rotfl
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https://www.straitstimes.com/business/ec...mp-tariffs

Chinese exports hit a record high as companies rushed to get their goods out of the door to make up for sluggish demand at home and ahead of the return of President-elect Donald Trump to the White House.


Exports rose 10.7 per cent to US$336 billion (S$462 billion) in December 2024, according to a statement from the Customs Administration on Jan 13. That drove shipments for the whole of 2024 to a record of US$3.6 trillion.

Imports rose 1 per cent in December 2024, leaving an unprecedented trade surplus of US$992 billion for 2024.


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China sees surge in inbound tourism. The Ministry of Culture and Tourism of China announced a significant surge in inbound tourism, with the total number of inbound tourists reaching 94.6283 million in the first three quarters of 2024, marking a 78.8 percent increase year-on-year.
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https://www.cnbc.com/2025/01/17/china-gd...mates.html

China’s economy expanded by 5.4% in the fourth quarter, exceeding the market’s expectation, as a flurry of stimulus measures powered the economy to meet Beijing’s growth target.

That last-quarter sprint helped lift China’s full-year GDP growth to 5.0% in 2024, in line with the official target of “around 5%.”

In December, retail sales jumped 3.7% from a year earlier, exceeding Reuters’ forecast of 3.5%. Industrial output expanded 6.2% from a year earlier, versus expectations of 5.4%.


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nowadays which government figure can be trusted.

lol


De-centralized !

I am just a tiny plankton in the ocean.
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(17-01-2025, 12:40 PM)Rainforest Wrote:  nowadays which government figure can be trusted.

lol


De-centralized !

But you trust your beloved Assmerica mah!  Laughing
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(17-01-2025, 12:58 PM)cityhantam Wrote:  But you trust your beloved Assmerica mah!  Laughing

Trust no one la. alll are evils

I am just a tiny plankton in the ocean.
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I Visited World's Largest Tech Show...You Won't Believe China's Plan for America
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(04-01-2025, 09:00 AM)Tee tiong huat Wrote:  China's GDP grew 5.3% year-on-year in the first quarter of 2024, which was higher than expected and better than 5.2% growth in previous quarter. 

This growth was a strong start to the year, and it increased investor confidence in the market.

Here are some details about China's GDP growth in the first quarter of 2024:

GDP: China's GDP reached 29.63 trillion yuan (about $4.17 trillion) in the first quarter.

Quarterly growth: The economy grew 1.6% on a quarterly basis in the first quarter.

Forecast: The 5.3% growth beat the average forecast of 4.5% by 31 economists.

Govt target: China's govt is targeting GDP growth of "around 5%" for 2024.

Factors driving growth: Some factors that contributed to the growth include rising production demand, stable employment & prices, and growing market confidence.

Manufacturing: The "new three" industries of EVs, solar panels, and batteries have contributed to the growth in manufacturing.

Concerns: However, there are some concerns about the economy, including a mismatch between consumption and production, and between small & medium-sized enterprises and large enterprises. 

There are also concerns that China's overcapacity in certain industries could hinder domestic industries in the US and European Union.

https://www.conference-board.org/researc...24-October
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Nice titties Big Grin

https://sgtalk.net/Thread-Sin-Heng-Heavy...ffer-58cts
Always fight lowball offers wherever you go, no matter what the weather, always bring your own sunshine Big Grin
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