China's economy grows 18.3% in post-Covid comeback

[shockedcanadian]

Their "special status" and "developing economy" needs another boost I suppose.

Since Europe sold out America, it will be interesting to see where this all leads. China already is the top investment location since they dethroned the U.S from that position in January.

China's economy grows 18.3% in post-Covid comeback

The record figures for the first quarter of the year are skewed due to last year's nationwide lockdown

www.bbc.com

China's economy grew a record 18.3% in the first quarter of 2021 compared to the same quarter last year.
It's the biggest jump in gross domestic product (GDP) since China started keeping quarterly records in 1992.
However, Friday's figures are below expectations, with a Reuters poll of economists predicting 19% growth.
They are also heavily skewed, and less indicative of strong growth, as they are compared to last year's huge economic contraction.
In the first quarter of 2020, China's economy shrank 6.8% due to nationwide lockdowns at the peak of its Covid-19 outbreak.

"The national economy made a good start," said China's National Bureau of Statistics, which released the first quarter data.

But it added: "We must be aware that the Covid-19 epidemic is still spreading globally and the international landscape is complicated with high uncertainties and instabilities."
Other key figures released by China's statistics department also point to a continuing rebound, but are also unusually strong because they are compared against extremely weak numbers from last year.
Industrial output for March rose 14.1% over a year ago, while retail sales grew 34.2%.

 

[pknopp]

Good for them.

 

[Billy_Kinetta]

There's nothing like slave labor to get a job done.

 

[Donald H]

Their "special status" and "developing economy" needs another boost I suppose.

Since Europe sold out America, it will be interesting to see where this all leads. China already is the top investment location since they dethroned the U.S from that position in January.

China's economy grows 18.3% in post-Covid comeback

The record figures for the first quarter of the year are skewed due to last year's nationwide lockdown

www.bbc.com

China's economy grew a record 18.3% in the first quarter of 2021 compared to the same quarter last year.
It's the biggest jump in gross domestic product (GDP) since China started keeping quarterly records in 1992.
However, Friday's figures are below expectations, with a Reuters poll of economists predicting 19% growth.
They are also heavily skewed, and less indicative of strong growth, as they are compared to last year's huge economic contraction.
In the first quarter of 2020, China's economy shrank 6.8% due to nationwide lockdowns at the peak of its Covid-19 outbreak.

"The national economy made a good start," said China's National Bureau of Statistics, which released the first quarter data.

But it added: "We must be aware that the Covid-19 epidemic is still spreading globally and the international landscape is complicated with high uncertainties and instabilities."
Other key figures released by China's statistics department also point to a continuing rebound, but are also unusually strong because they are compared against extremely weak numbers from last year.
Industrial output for March rose 14.1% over a year ago, while retail sales grew 34.2%.

Yes, Europe sold out America. The Trump regime provided many reasons why they chose to do so.
Canada did too but hung on in expectation of America coming back from the dark side.

Nothing is settled yet and so America's friends and allies are waiting to decide whether they can rely on America to do the right thing.

On a bright note as of late, Biden's bad decisions are resulting in the Democratic party bringing the hammer down on him swiftly and surely when Biden attempts to return to the corrupt Amelrican way!

Will it last?

 

[Darkwind]

Of course, Europe sold out America.

We stopped giving them free money.

 

[Donald H]

Of course, Europe sold out America.

We stopped giving them free money.

Try to think this one out: America stands the risk of not being permitted to be able to pretend to protect European countries through the use of Nato.

They've all started to more actively wonder what risk they need protection against?

My premise is of course, Nato is only a tool of US aggressioin.

 

[mudwhistle]

Their "special status" and "developing economy" needs another boost I suppose.

Since Europe sold out America, it will be interesting to see where this all leads. China already is the top investment location since they dethroned the U.S from that position in January.

China's economy grows 18.3% in post-Covid comeback

The record figures for the first quarter of the year are skewed due to last year's nationwide lockdown

www.bbc.com

China's economy grew a record 18.3% in the first quarter of 2021 compared to the same quarter last year.
It's the biggest jump in gross domestic product (GDP) since China started keeping quarterly records in 1992.
However, Friday's figures are below expectations, with a Reuters poll of economists predicting 19% growth.
They are also heavily skewed, and less indicative of strong growth, as they are compared to last year's huge economic contraction.
In the first quarter of 2020, China's economy shrank 6.8% due to nationwide lockdowns at the peak of its Covid-19 outbreak.

"The national economy made a good start," said China's National Bureau of Statistics, which released the first quarter data.

But it added: "We must be aware that the Covid-19 epidemic is still spreading globally and the international landscape is complicated with high uncertainties and instabilities."
Other key figures released by China's statistics department also point to a continuing rebound, but are also unusually strong because they are compared against extremely weak numbers from last year.
Industrial output for March rose 14.1% over a year ago, while retail sales grew 34.2%.

Yes, Europe sold out America. The Trump regime provided many reasons why they chose to do so.
Canada did too but hung on in expectation of America coming back from the dark side.

Nothing is settled yet and so America's friends and allies are waiting to decide whether they can rely on America to do the right thing.

On a bright note as of late, Biden's bad decisions are resulting in the Democratic party bringing the hammer down on him swiftly and surely when Biden attempts to return to the corrupt Amelrican way!

Will it last?

Socialist countries will always suck up to richer countries like the US and China.....but the problem is we never asked for much in return. The Chinese aren't led by greedy self-centered folks that only want beachfront properties to retire in and spend the rest of their days like we do.
Trump had this habit of thinking about America first.......and that kind of crazy thinking doesn't fly with socialists and communists.

 

[Donald H]

Their "special status" and "developing economy" needs another boost I suppose.

Since Europe sold out America, it will be interesting to see where this all leads. China already is the top investment location since they dethroned the U.S from that position in January.

China's economy grows 18.3% in post-Covid comeback

The record figures for the first quarter of the year are skewed due to last year's nationwide lockdown

www.bbc.com

China's economy grew a record 18.3% in the first quarter of 2021 compared to the same quarter last year.
It's the biggest jump in gross domestic product (GDP) since China started keeping quarterly records in 1992.
However, Friday's figures are below expectations, with a Reuters poll of economists predicting 19% growth.
They are also heavily skewed, and less indicative of strong growth, as they are compared to last year's huge economic contraction.
In the first quarter of 2020, China's economy shrank 6.8% due to nationwide lockdowns at the peak of its Covid-19 outbreak.

"The national economy made a good start," said China's National Bureau of Statistics, which released the first quarter data.

But it added: "We must be aware that the Covid-19 epidemic is still spreading globally and the international landscape is complicated with high uncertainties and instabilities."
Other key figures released by China's statistics department also point to a continuing rebound, but are also unusually strong because they are compared against extremely weak numbers from last year.
Industrial output for March rose 14.1% over a year ago, while retail sales grew 34.2%.

Could it be that America's/Trump's mistakes on the attitude toward protecting against Coivd, left a huge vacancy for China to fill on economic progress?
Or in other words, the US attitude didn't just hurt America tremendously, it at the same time gave China a leg up at a very critical time? Maybe doubly so because China did everything right?

America can recover, due to it's great strength of resources but it most likely can't regain world supremacy.

What is now required is US attitudes of accepting that they are no more than a player in the world's economics, and no longer the world's leader.

I fear that American attitudes of arrogant superiority won't allow it to take a seat alongside the world's nations.

Thank the Dogs for M.A.D.

 

[Unkotare]

.....The Chinese aren't led by greedy self-centered folks .....

Who told you that?

 

[harmonica]

Good for them.

yes--we know--you hate America--like Obama and blacks
...you want America to be last

 

[harmonica]

...should've protected America decades ago
..now, we have their workers coming here and our jobs going there--double fkd

 

[mudwhistle]

.....The Chinese aren't led by greedy self-centered folks .....

Who told you that?

Strange how you had to edit my post in order to change it's meaning.

 

[Unkotare]

.....The Chinese aren't led by greedy self-centered folks .....

Who told you that?

Strange how you had to edit my post in order to change it's meaning.

I didn't change your meaning at all. If you wish to clarify, go ahead.

 

[mudwhistle]

.....The Chinese aren't led by greedy self-centered folks .....

Who told you that?

Strange how you had to edit my post in order to change it's meaning.

I didn't change your meaning at all. If you wish to clarify, go ahead.

Yes you did. Any time you take a snippet of a post...you change the meaning.

 

[toobfreak]

Their "special status" and "developing economy" needs another boost I suppose.

Since Europe sold out America, it will be interesting to see where this all leads. China already is the top investment location since they dethroned the U.S from that position in January.

China's economy grows 18.3% in post-Covid comeback

The record figures for the first quarter of the year are skewed due to last year's nationwide lockdown

www.bbc.com

China's economy grew a record 18.3% in the first quarter of 2021 compared to the same quarter last year.
It's the biggest jump in gross domestic product (GDP) since China started keeping quarterly records in 1992.
However, Friday's figures are below expectations, with a Reuters poll of economists predicting 19% growth.
They are also heavily skewed, and less indicative of strong growth, as they are compared to last year's huge economic contraction.
In the first quarter of 2020, China's economy shrank 6.8% due to nationwide lockdowns at the peak of its Covid-19 outbreak.

"The national economy made a good start," said China's National Bureau of Statistics, which released the first quarter data.

But it added: "We must be aware that the Covid-19 epidemic is still spreading globally and the international landscape is complicated with high uncertainties and instabilities."
Other key figures released by China's statistics department also point to a continuing rebound, but are also unusually strong because they are compared against extremely weak numbers from last year.
Industrial output for March rose 14.1% over a year ago, while retail sales grew 34.2%.

I never trusted China's stats during their Covid shutdowns and I certainly won't believe any of their claimed data now that they say they are free and clear of Covid to move forward!

 

[Unkotare]

.....The Chinese aren't led by greedy self-centered folks .....

Who told you that?

Strange how you had to edit my post in order to change it's meaning.

I didn't change your meaning at all. If you wish to clarify, go ahead.

Yes you did. Any time you take a snippet of a post...you change the meaning.

That is simply not true. I replied to the point that was made.