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China's GDP Growth Outpaces US in Q1 2024, Widening Gap Between the Two Economies /
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2024-05-01 04:00:33

China's GDP Growth Outpaces US in Q1 2024, Widening Gap Between the Two Economies on Nostr: China's Economic Outlook Remains a Mix of Optimism and Pessimism =============== ...

China's Economic Outlook Remains a Mix of Optimism and Pessimism
===============
#c17a466a ver:0.25

China's economic outlook is a mix of optimism and pessimism. The economy had a strong start in Q1 2024, with 5.3% YoY GDP growth. Certain industries like electric vehicles and solar cells performed well. However, industrial profits slowed in March, indicating weak domestic demand. Taiwan's trade-dependent economy is showing strong growth, with a 5.6% expansion in Q1. China's overall outlook remains uncertain, with concerns about import restrictions and catching up to the US economically. China should boost growth, reduce import barriers, and lead the WTO alongside the EU. #ChinaEconomy #GrowthOutlook #Trade...

#newstr #China #Economy #Growth #Inflation #Imports #Exports #WorldTradeOrganization

https://here.news/story/c17a466a?ver=0.25
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