China’s economy grew 8.1% in 2021 compared to a year ago - lets see how the US Govt will spin this, probably just ignore it... https://t.co/tf6Akf1gUb
— StarBoy ? (@StarboyHK) January 17, 2022
.@JoeBiden America's GDP growth was 5.6% meanwhile with your help China's GDP grew by 8.1% for the most growth in more than 10 yrs.https://t.co/Iz0bwgrvZc Nice job helping our biggest enemy with their economy. What is your percentage of that increase after taxes. @Unitedminingal
— UMA (@Unitedminingal) January 17, 2022
8.1% ?
— US-China Menu?????????????????? (@US_China_Menu) January 17, 2022
* With Evergrande "Crisis"
* With Coal Shortage
* With Tech Sector "Crack-down"
* With No Foreign Tourism
* With stagnant "Total Factor Productivity"
When the West gives financial advice, ignore it.
They're looking out for their interests.https://t.co/a2i6VW9pGS
CNBC acknowledges 8.1% but snuffles out flaws.
— Anna Chen (@MadamMiaow) January 17, 2022
“China's economy grew 8.1% in 2021 compared to a year ago” https://t.co/bgdT7kkqts
#Economics #China #GDP +8.1%, even after the positive performance in 2020 (+2.2%)
— Prof Michele Geraci, fmr Undersecretary of State (@michele_geraci) January 17, 2022
China's economies faces challenges but, unlike many other countries, Europe included, they address them and in most cases solve them
And the system remains stablehttps://t.co/ImBN5sVqMR
China's economy grew 8.1% in 2021 https://t.co/b4eOcgqAFY
— CNBC (@CNBC) January 17, 2022
That awkward moment when the neoliberal West opted to "save the economy" ahead of saving people's lives, and ended up with a huge recession on top of hundreds of thousands of deaths.
— Friends of Socialist China (@socialist_china) January 17, 2022
Meanwhile in China...https://t.co/zILoSn6DQ0
China's economy expanded 8.1% last year, far exceeding the government's own targets. https://t.co/RKL17NS0Nj
— CNN International (@cnni) January 17, 2022
Yep the mainstream media angle is to just ignore the 8.1% and focus on the last quarter, hence CNN runs its opening paragraph with: "deepening real estate crisis, renewed Covid outbreaks and Beijing's strict no-tolerance approach to controlling the virus"https://t.co/j0ADcpslxa
— Tom Fowdy (@Tom_Fowdy) January 17, 2022
.@CNNBusiness: China's economy expanded 8.1% last year, far exceeding the government's own targets. But weakening growth in the closing months of 2021 suggest that trouble is still on the horizon. @lauraliuhe explains. https://t.co/EkWDqyOxXy
— CNN Asia Pacific (@cnnasiapr) January 17, 2022
China’s slowing growth will have a global impact https://t.co/Kp6oamxee1 | opinion
— Financial Times (@FT) January 17, 2022
China’s slowing growth will have a global impact https://t.co/jPdpQkNK22
— FT Economics (@fteconomics) January 17, 2022
China’s economy slowed on real estate troubles late last year, with year-on-year growth in the 4th quarter of 4 percent. Full year said to be 8.1 percent. https://t.co/QeLn1ijEBt
— Keith Bradsher (@KeithBradsher) January 17, 2022
China still learning the lesson America and Japan have half-learned. Can't grow on exports alone, can't grow on real estate bubble 'wealth effects' either. Can only grow when labor can buy what labor makes. https://t.co/QtE9HhlePd
— Robert Hockett (@rch371) January 17, 2022
1/2
— Michael Pettis (@michaelxpettis) January 17, 2022
Good article. Among other things it cites Li Daokui's December speech in which he warned of difficulties ahead: "Looking at the next five years as a whole, it may be the most difficult period since our reform and opening up 40 years ago."https://t.co/JEr8uKe9J8