China's Great Slowdown

then rest of the world is “slower”

China’s GDP very likely has been inflated by their government!

ha ha ha... dume amerikaner...

Exitochina

"In the midst of chaos, there is also opportunity" Sun Tzu

China no longer matters manufacturers have moved out

作为中国生活的，我切身体会到时代的进步，生活环境的提高，教育也越来越完善，我认为最大的问题是发展过于迅速，这样会导致每代人之间的差距很大，而且枪打出头鸟，如果中国发展一般的话，美国现在应该会为了维护自己统治地位去制裁日本吧，中国自给自足的能力很强，但如果换做日本，仅仅断点生活用品就会导致崩溃。
说了这么多，我希望大家理性看待一切，怀着敬畏，然后去享受自己的生活，而不是受到所谓的言论裹挟。

dont invest in communism

China slowdown but who is keeping growing?

Baloney quoting of faked economic stats. LOL

China momentum fading. Where have I heard that meme before? John Ross the International economist has analyses the growth in economies in the last 4 years covering the period of the Covid pandemic, China’s economy has grown two-and-a-half times as fast as the US, 15 times as fast as France, 23 times as fast as Japan, 45 times as fast as Germany, and 480 times as fast as Britain.

What effect does that make on people’s income? The International Labour Organisation figures show data on real, inflation-adjusted, wages shows that up to the latest available data — for most countries to 2022, and for India to 2021 — China’s annual real wage growth was 4.7 per cent. For Britain it was 0.1 per cent, for the US it was 0.3 per cent, in France it was minus 0.4 per cent, in Germany minus 0.7 per cent and in India minus 1.3 per cent.

According to the latest IMF report, China's economy is expected to grow by 5.2 percent in 2023, while the US GDP is projected to grow by 1.8 percent this year, Long story short, the suggestion that the Chinese economy is somehow 'in trouble' or collapsing would be news if it were true. It isn't.

I'm not Chinese and have no reason to do anything but look at the facts. You seem to have trouble accepting a more open and wealthy China. I'll get off my high horse now.

I remember when the crash happened in America in 2008 and we were lectured by Chinese officials that they are now the leaders of economic growth and the future... Problem is and will always be they have too many people. There are not enough jobs in any sector to employ hundreds of millions.

One dictator screws up the whole country. No one dares rebel!

Bloomberg: 5% GDP increase = slowdown

China is coming back in August surprisingly

You can' only run a modern economy for so long under a dictatorship.

There's no such thing as unlimited growth. How can grown adults calling themselves "experts" not see this? The planet's resources are limited, hence everything is limited.

A new kind of war - Semi conductor war.

In fact, six years ago, the Chinese government said that it would slow down economic development, ensure high-quality development and promote the transformation of China's economy to a sophisticated one. At the same time to ensure environmental recovery and development.Its still in the plan

US 2%，锋芒毕露
China 5%，颓势尽显
Sure, whatever makes the empire feel safe ¯\_(ツ)_/¯

As a Chinese, I have heard the same point of view since 20 years ago.🤣

យើងខ្លាចអីមិនហ៊ានជំពាក់សហរដ្ឋអាមេរិក

ជំពាក់ចិនយើងហ៊ានជំពាក់

C oncerns that the U.S. economy could be heading into a recession intensified after official figures released July 28 showed that the U.S. economy shrank for the second straight quarter, just days after the International Monetary Fund (IMF) forecast a global recession.

يمحق الله الربا

Tq

I love how "those that know" talk about how ingenious the Chinese are... about how patient they are... how well thought out each step is they make against us. They are communist, and completely out of their league when competing against the United States. The same is true of their military.

Another DISTRACTION. Not just China- the US, Eurozone, UK and Japan too. Look at Japan and China dumping our US treasuries and bond yields. Our credit ratings slashed, our gdp inflation driven and anti China measures are creating so much destability to us and also the world. BTW our deposits in our banks- are they now convincingly secured? Just Google on this topic and feel the pain. 😢

without a big presence in China, no company can claim to be a global company. Whereas, China companies are going to operate in every corner. guess who will succeed.

Wrongs.
1. Real estate: trouble because private developers so greedy they are not being honest built 1st project collect all money back "then" built 2nd project, they ended up don't have enough money to roll since China infrastructure so convenient more people live in small city instead of living in big cities. Therefore more supply than demand, price drop. It's a big lesson for greedy private developers! When citizens bought "unbuilt" house now they don't get to live but they have to pay mortgage and the got upset protest ...guess who have to deal with this big trouble? ....the GOVERNMENT have to clean up the mess!!!!.... this is your CAPITALISTS cause these troubles you guys have to PAY for it!!!!!.....bad bad greedy capitalism!!! It's not socialism nor communism problem!
2. Ants corporation: Jack Ma owns very small percentage share, most big shares own by western company and governments , no countries willing to let their economy own by foreign countries, the worse thing is the Ant company lend out money to the students the Youngs generation of chinese to make they owe lot money before the head into their bright future life. China government don't want their young generation fall into big debts like western young generation do you understand?

Saying Jinping looks like Winnie the Pooh is an insult to Winnie the Pooh.

I'm tired of Bloomberg being obedient servants of the twin demons Putin-Trump by peddling a sick racist anti-Chinese narrative.

More information on china on property bust

Haha, you guys just try so hard to dream China collapse, after 30 years, still don't want to wake up. Anyway I agree China have all these problems, but China has a better system, we will be fine, don't worry too much about us, mind your own business. Love from China.

How did anyone think leasehold property was an investment ?

Your crooked leaders are to be commended because their greed has done a wonderful job. I hope you Chinese keep loving your oppressors who are governing your slavery. R.I.P.

Worse is relative.

What they are saying—and I read them firsthand in Chinese—is the slowing of growth, to the point the growth target for the year may be wobbly without intervention. Some sectors remain badly hit, but those are policy driven, or suffering from covid lag effects.

Foreigners want to project their problems or the inverse analogue onto China. Such as profligate spending, or the current media darling: deflation.

The very reason China can set growth targets (who else does that?) and commit to 5-year plans and 10, 20, 30, even 50 year goals or projects is a simple one-word condition.

What’s the magic word?

Stability.

Spell it with me.

STABILITY.

The Chinese government spends lavishly to cushion instability and spikes, such as grain and commodity reserves, long-term diversified energy deals, indigenous supply chains, group bargaining to control pricing, and the reining in of asset bubbles.

China, to my knowledge, has never exported crisis the way the first world repeatedly does. The World Wars spread around the globe because rich and educated Caucasians failed in diplomacy and fought each other. Wall Street repeatedly caused global financial crises through systemic fraud and unbounded greed. The EU’s ambitious Euro monetary union set the stage for sovereign debt crisis just a decade later among the PIGS.

China?

I can’t think of any.

In fact, China hasn’t had a financial crisis since reform and opening up. Yes, the Shanghai stock market has crashed several times, more severely than most developed markets, but the Index isn’t correlated with the economy. The PBOC hasn’t had to resort to shock therapy like zero rates, yield curve control or massive monetary expansion like the first world did for the last 10–15 years.

The Chinese economy behaves like its defense budget. Predictable, steady growth, with milestones that are delivered like clockwork off an established schedule. The Chinese have not increased their budget >200b in 7 years like the US, doubled spending like Japan, or procurement binge like India in response to clear and present “threats”. China didn’t just magically teleport itself onto a planet called earth, did it?

What the experts really mean about the “economy getting worse” is “we miss the heady times of old”, where we could make a fortune selling socks to the laowai employing an army of migrant labor from the country-side. Pollution control, workplace safety and employment benefits could be selectively implemented, or not at all. Real estate was a guaranteed wealth multiplier, and so on.

It’s way harder to make money today. Even graduates have trouble finding work in an economy forced into double quick transition. China would have preferred to reform at its own pace but external discipline makes that a luxury today.

This is a period of retooling. There are still covid related curbs in place, with airlines bleeding red from restricted route traffic. The real estate bubble is undergoing slow deflation, while the entire mobile payment industry is being regulated as financial institutions.

There are plenty of positives to build on, such as the world’s best shipping and logistic system, capable of handling >300m containers a year, 5.5g networks integrated with beidou and sat comms, the world’s most complete supply chains, and an increasingly skilled workforce. Along with stable domestic prices, and plentiful green energy coming online, the future is rosy for Chinese manufacturing’s goal of supplying 50% of global output by the 2030s, a 70% increase from current levels.

Even Micron, which was recently placed on China’s unreliable supplier list, has plans to expand its manufacturing footprint in China, presumably over concerns of raw material availability beyond the mainland.

Yes, it isn’t boom time, but neither is it doom and gloom. The woes of giants like Evergrande and Country Garden have not crushed the economy, and indeed, the stock market. Life goes on, and there are pockets of suffering, but there is no edginess like I’m picking up from Americans. China is very far from hoping for a “soft landing”.

I heard about that view every single day in last 3 decades...

America is breaking up

CCP has been overstating economic stats forever, there are many built in incentives to do so, lower "true" GDP growth levels will reveal "the boulders" in China's economy.

it could china put more of their money to military structure.

I want to say that those who hope for a house price increase are all speculators， Ordinary people hope for a reduction in house prices

Hey Xi, you number 4.

Let's throw China's economic growth number around!! Where do they come from? The government! Who checks if the government is telling the truth? The government again! Let's now all take these "confirmed" number at face value and legitimize the same guys who are committing genocide! Yup. The system works.

The usual annual news of China's economic collapse

authoritarian states are the best equipped to deal with the incoming civil unrest and poverty resulted from deglobalization. They are in no trouble whatsoever. Logic dictates that they are not the one on the verge of a collapse.

每个人都说自己穷，9月1号晚上北京上海放开了认房不认贷，开放了点购房门槛，9月2号早上北京上海各大楼盘售楼处就挤满了老百姓，个个都揣着几百万购房，我真是服了。采访的时候跟记者哭穷，实际上每个人账户里都tm存着几百万呢

一边美元存款利率都10+了，一边分析中国国内的问题。真挺搞笑的。