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How China gooses GDP

April 19, 2024 - 12:00 -- Admin

Great piece here from Bloomie: China’s first-quarter 5.3% growth handily beat expectations and Beijing’s own target of “around 5%.” But if you ask households, companies and even the taxman, the reality on the ground feels a lot less rosy. By the end of 2023, only 9.5% saw good job prospects, according to the central bank’s

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