China's GDP Growth Outpaces US in Q1 2024, Widening Gap Between the Two Economies on Nostr: China's Economic Recovery Shows Divergence as Factory Output Surges and Retail Sales ...
China's Economic Recovery Shows Divergence as Factory Output Surges and Retail Sales Lag
===============
#c17a466a ver:0.45
China's economic recovery is diverging as factory output surges but retail sales lag behind. Industrial production grew by 6.7% in April, exceeding expectations, while retail sales only expanded by 2.3%. The weak consumer sentiment is weighing on the recovery. To stimulate the economy, the People's Bank of China plans to sell $140bn of ultra-long bonds. Trade tensions with the US and EU persist due to China's industrial policy. Despite challenges, China is making efforts to diversify its markets and explore new opportunities. #ChinaEconomy #TradeTensions #COVID19Recovery...
#newstr #China #EconomicRecovery #FactoryOutput #RetailSales #StimulusEfforts #TradeTensions #IndustrialPolicy
https://here.news/story/c17a466a?ver=0.45
===============
#c17a466a ver:0.45
China's economic recovery is diverging as factory output surges but retail sales lag behind. Industrial production grew by 6.7% in April, exceeding expectations, while retail sales only expanded by 2.3%. The weak consumer sentiment is weighing on the recovery. To stimulate the economy, the People's Bank of China plans to sell $140bn of ultra-long bonds. Trade tensions with the US and EU persist due to China's industrial policy. Despite challenges, China is making efforts to diversify its markets and explore new opportunities. #ChinaEconomy #TradeTensions #COVID19Recovery...
#newstr #China #EconomicRecovery #FactoryOutput #RetailSales #StimulusEfforts #TradeTensions #IndustrialPolicy
https://here.news/story/c17a466a?ver=0.45