China and the US going in different directions

China Economy Grows 4.9% as Rest of World Struggles With Coronavirus

Result was lower than a 5.3% median forecast expected by economists polled by The Wall Street Journal

BEIJING—Chinese officials said Monday that gross domestic product expanded by 4.9% in the third quarter from a year earlier, putting China’s economy back toward its pre-coronavirus trajectory half a year after the pandemic gutted its economy.

The 4.9% growth figure for the third quarter fell short of expectations but brings China’s trajectory closer in line with forecasts made at the beginning of the year for 2020 growth of between 5.5% and 6%—forecasts made before the pandemic swept across the globe, killing more than a million people and crushing the global economy.

The third-quarter expansion builds on the second quarter’s 3.2% growth, which follows a historic contraction of 6.8% in the first three months of the year, when authorities locked down the central Chinese city of Wuhan in a bid to curb the fast-spreading virus.


The International Monetary Fund is projecting China’s economy to expand by 1.9% in 2020, putting it on track to be the only major world economy to grow this pandemic-hit year.

By contrast, the American economy is expected to shrink by 4.3%, while the eurozone is forecast to contract by 8.3%, the IMF said in its latest update this month.
Monday’s third-quarter growth number offers further evidence of China’s relative strength and moves the country’s economy into positive territory for the first nine months of the year, expanding 0.7% from a year earlier.
Other economic indicators released Monday offered additional signs of strength. China’s headline unemployment figure, the urban surveyed jobless rate, fell to 5.4% in September, lower than August’s 5.6% rate and Beijing’s target of around 6%.
 
Thanks Trump. Your incompetence has destroyed the US economy.


tantrum3.gif
 
Thanks Trump. Your incompetence has destroyed the US economy.



The Chinese economy is a false prop fueled by the central bank's catastrophic devaluation of the yuan. Financial illiterates like you only look stupid when you try to be money detectives. In short that means the average Chinese family unit can no longer afford a starvation level diet.

Jo
 
Thanks Trump. Your incompetence has destroyed the US economy.


so i take it you are going to vote for a treasonist pedophile? what would your mother say? wow...the economy was tanked due to the asswipe demonrats wanting to shut AMERICA down. how stupid are you, really?
 
Imagine what our economy would look like if the two largest blue states would open up their economies.
cuomo the homo is still whining, but doing nothing. yo homo boy....hang it up...you are also a piece of shit- the pedophile xiden has a job for this retard---scary thought
 
China Economy Grows 4.9% as Rest of World Struggles With Coronavirus

Result was lower than a 5.3% median forecast expected by economists polled by The Wall Street Journal

BEIJING—Chinese officials said Monday that gross domestic product expanded by 4.9% in the third quarter from a year earlier, putting China’s economy back toward its pre-coronavirus trajectory half a year after the pandemic gutted its economy.

The 4.9% growth figure for the third quarter fell short of expectations but brings China’s trajectory closer in line with forecasts made at the beginning of the year for 2020 growth of between 5.5% and 6%—forecasts made before the pandemic swept across the globe, killing more than a million people and crushing the global economy.

The third-quarter expansion builds on the second quarter’s 3.2% growth, which follows a historic contraction of 6.8% in the first three months of the year, when authorities locked down the central Chinese city of Wuhan in a bid to curb the fast-spreading virus.


The International Monetary Fund is projecting China’s economy to expand by 1.9% in 2020, putting it on track to be the only major world economy to grow this pandemic-hit year.

By contrast, the American economy is expected to shrink by 4.3%, while the eurozone is forecast to contract by 8.3%, the IMF said in its latest update this month.
Monday’s third-quarter growth number offers further evidence of China’s relative strength and moves the country’s economy into positive territory for the first nine months of the year, expanding 0.7% from a year earlier.
Other economic indicators released Monday offered additional signs of strength. China’s headline unemployment figure, the urban surveyed jobless rate, fell to 5.4% in September, lower than August’s 5.6% rate and Beijing’s target of around 6%.
You’re welcomed to move there.
 
Thanks Trump. Your incompetence has destroyed the US economy.



You think this is a good result? The nation that sent it to the world bounces back while the rest of the world burns?

The Communist Party of China is a blight on humanity. They should face a global class action lawsuit.

Re-read my first sentence in the OP.
 
China Economy Grows 4.9% as Rest of World Struggles With Coronavirus

Result was lower than a 5.3% median forecast expected by economists polled by The Wall Street Journal

BEIJING—Chinese officials said Monday that gross domestic product expanded by 4.9% in the third quarter from a year earlier, putting China’s economy back toward its pre-coronavirus trajectory half a year after the pandemic gutted its economy.

The 4.9% growth figure for the third quarter fell short of expectations but brings China’s trajectory closer in line with forecasts made at the beginning of the year for 2020 growth of between 5.5% and 6%—forecasts made before the pandemic swept across the globe, killing more than a million people and crushing the global economy.

The third-quarter expansion builds on the second quarter’s 3.2% growth, which follows a historic contraction of 6.8% in the first three months of the year, when authorities locked down the central Chinese city of Wuhan in a bid to curb the fast-spreading virus.


The International Monetary Fund is projecting China’s economy to expand by 1.9% in 2020, putting it on track to be the only major world economy to grow this pandemic-hit year.

By contrast, the American economy is expected to shrink by 4.3%, while the eurozone is forecast to contract by 8.3%, the IMF said in its latest update this month.
Monday’s third-quarter growth number offers further evidence of China’s relative strength and moves the country’s economy into positive territory for the first nine months of the year, expanding 0.7% from a year earlier.
Other economic indicators released Monday offered additional signs of strength. China’s headline unemployment figure, the urban surveyed jobless rate, fell to 5.4% in September, lower than August’s 5.6% rate and Beijing’s target of around 6%.
You’re welcomed to move there.
Right before Joe Biden and Kamala Harris begin to fix America? Nope. I'm staying put.
 
Thanks Trump. Your incompetence has destroyed the US economy.



The Chinese economy is a false prop fueled by the central bank's catastrophic devaluation of the yuan. Financial illiterates like you only look stupid when you try to be money detectives. In short that means the average Chinese family unit can no longer afford a starvation level diet.

Jo

But AOC said....
 

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