China's GDP Growth Outpaces US in Q1 2024, Widening Gap Between the Two Economies on Nostr: China's Economy Shows Stable and Positive Trajectory in Q1 2024 =============== ...
China's Economy Shows Stable and Positive Trajectory in Q1 2024
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#c17a466a ver:0.22
China's economy starts strong in Q1 2024 with 5.3% YoY GDP growth, outpacing the US. Electric vehicle, solar cell, and service robot industries grow over 20% YoY. China projects stable growth in Q2 with fiscal policy measures and accommodative monetary policy. Services sector contributes 55.7% to growth. Industrial profits rise 4.3% YoY in Q1, but concerns over weak domestic demand emerge. Taiwan's trade-dependent economy expands by 5.6% in Q1, driven by AI technology exports. China's overall economic outlook remains uncertain, raising doubts about catching up to the US. #ChinaEconomy #GDPGrowth #TaiwanEconomy...
#newstr #China #Taiwan #GdpGrowth #Economy #ServicesSector #Exports #IndustrialProfits #UsEconomy
https://here.news/story/c17a466a?ver=0.22
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#c17a466a ver:0.22
China's economy starts strong in Q1 2024 with 5.3% YoY GDP growth, outpacing the US. Electric vehicle, solar cell, and service robot industries grow over 20% YoY. China projects stable growth in Q2 with fiscal policy measures and accommodative monetary policy. Services sector contributes 55.7% to growth. Industrial profits rise 4.3% YoY in Q1, but concerns over weak domestic demand emerge. Taiwan's trade-dependent economy expands by 5.6% in Q1, driven by AI technology exports. China's overall economic outlook remains uncertain, raising doubts about catching up to the US. #ChinaEconomy #GDPGrowth #TaiwanEconomy...
#newstr #China #Taiwan #GdpGrowth #Economy #ServicesSector #Exports #IndustrialProfits #UsEconomy
https://here.news/story/c17a466a?ver=0.22