China's economy grew 18.3% year-on-year in the first quarter of 2021, but that was less than expected given last year was so dismal. Compared to the previous quarter, the recovery lost a surprising amount of steam: petesweeneypro ywchen1
Output rose 18.3% in the first quarter compared to last year, but slowed sharply on a quarterly basis. Industrial growth softened while services shrank. The central bank has few monetary policy options, making signs of decelerating fiscal stimulus particularly alarming.
Context NewsChina's economy expanded 18.3% in the first quarter from a year earlier, official data showed on April 16. That was the strongest quarterly growth recorded since at least 1992, but slower than the 19% forecast per a Reuters poll.The country's producer price index rose 4.4% in March from a year earlier, the biggest gain in almost three years and up from a 1.7% increase in February, official data showed on April 9. Consumer inflation also rose for the first time in three months.
China's Financial Stability and Development Committee, which is headed by Vice Premier Liu He, issued a statement on April 8 stressing the need to maintain price stability and pay particular attention to commodities price trends.Source: China Daily via REUTERS
An employee works on a production line manufacturing steel structures at a factory in Huzhou, Zhejiang province, China May 17, 2020. Picture taken May 17, 2020. ATTENTION EDITORS - Read more: ReutersBreakingviews »
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May is Asian American and Pacific Islander Heritage Month. Honoring the culture, tradition, and diversity of the Asian American and Pacific Islander communit...
ReutersChina petesweeneypro ywchen1 You can spin winning the superbowl into negative news these days. ReutersChina petesweeneypro ywchen1 Howdy 🐱. Gotta tell the US and the European parliament ... Sanctions based on lies didn't work 😬 🤥 ReutersChina petesweeneypro ywchen1 Drink plenty of hot water to reduce the body heat
Australia’s debate about China is becoming hot, angry and shrillA war between China and Australia is not imminent. So, why is the Australian government's line so aggressive? No one does it better than him, I did denfinitely choose him over any other trader! During those turbulent days I invested $3000 and to my biggest shock I got return of $27,000 in 7 trading days. Thanks Rolandwolf123 Hope Xi sees this bro Australia should’ve thought before speaking nonsense. China is the world’s largest economy. It was buying from Australia as kindness. But It does not require Australia. It has replaced all of what that tiny piss ant penal colony provided from other nations
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Japan’s Muji Appeals to China by Advertising Use of Xinjiang CottonWhile H&M has been virtually wiped off e-commerce sites in China, Japanese rival Muji is winning applause there by publicly siding with the Chinese government in a way that many Western and Japanese companies won’t They can kiss goodbye to European and USA consumers then 'We gladly used cotton picked by Slave Labor'....Disgraceful Dressing American made clothes