antiterror13
Brigadier
4.6% is roughly US$850B or roughly the size of Switzerland,1/2 of Australian, 2x Phillipines/Vietnam/Iran economies
Can't wait to hear that China is collapsing from western medias
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Chinese Economics Thread
- Thread starter Norfolk
- Start date
4.6% is roughly US$850B or roughly the size of Switzerland,1/2 of Australian, 2x Phillipines/Vietnam/Iran economies
Can't wait to hear that China is collapsing from western medias
4.6% is roughly US$850B or roughly the size of Switzerland,1/2 of Australian, 2x Phillipines/Vietnam/Iran economies
Can't wait to hear that China is collapsing from western medias
i think $850B is annualized number. need to divide by 4 to get to a quarterly increase,
It is good but it is below the official target. Setting these target in the first place is just pointless.4.6% is roughly US$850B or roughly the size of Switzerland,1/2 of Australian, 2x Phillipines/Vietnam/Iran economies
Can't wait to hear that China is collapsing from western medias
The Q3 economic data showed slightly stronger industrial output and consumption, but not exceeding expectations. PMI production improved month-on-month in September, and the replacement of old home appliances with new ones drove sales of 69 billion yuan, the bulk of which was in September, driving up retail sales by more than one percentage point.
The test will be in Q4. Even if we rush to export and pull exports back to 10% and retail sales return to above 5%, and linearly extrapolate industry and investment, the growth rate in Q4 will be 4.5-4.6%, and 4.7-4.8% for the whole year.
Therefore, the baseline forecast for the full year is 4.6-4.7%, and policies need to continue to be implemented.