China's GDP Growth Outpaces US in Q1 2024, Widening Gap Between the Two Economies on Nostr: China's Economy Shows Strong Start in Q1 2024, Projected to Maintain Stable Growth in ...
China's Economy Shows Strong Start in Q1 2024, Projected to Maintain Stable Growth in Q2
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#c17a466a ver:0.19
China's economy had a strong start in Q1 2024, with a 5.3% YoY GDP growth rate. Certain industries like electric vehicles and solar cells grew over 20%. Q2 is projected to maintain stable growth with measures like tax cuts and increased support for industrial transformation. The services sector contributed significantly to growth but large companies recovered faster than small ones. Industrial profits rose 4.3% in Q1 but fell 3.5% in March, indicating declining profitability. China's overall economic outlook remains uncertain, raising doubts about its ability to catch up to the US. #ChinaEconomy #GDPGrowth #Q2Outlook...
#newstr #China #Economy #Gdp #FiscalPolicy #MonetaryPolicy #Exports #ConsumerSpending #FixedassetInvestment #RealEstateMarket #ChineseYuan #UsDollar
https://here.news/story/c17a466a?ver=0.19
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#c17a466a ver:0.19
China's economy had a strong start in Q1 2024, with a 5.3% YoY GDP growth rate. Certain industries like electric vehicles and solar cells grew over 20%. Q2 is projected to maintain stable growth with measures like tax cuts and increased support for industrial transformation. The services sector contributed significantly to growth but large companies recovered faster than small ones. Industrial profits rose 4.3% in Q1 but fell 3.5% in March, indicating declining profitability. China's overall economic outlook remains uncertain, raising doubts about its ability to catch up to the US. #ChinaEconomy #GDPGrowth #Q2Outlook...
#newstr #China #Economy #Gdp #FiscalPolicy #MonetaryPolicy #Exports #ConsumerSpending #FixedassetInvestment #RealEstateMarket #ChineseYuan #UsDollar
https://here.news/story/c17a466a?ver=0.19