China's economy grew 5.3% in the first quarter, beating expectations

https://www.cnbc.com/2024/04/16/chinas-q1-gdp-grew-5point3percent-in-the-first-quarter-beating-expectations.html

30 points · 5 comments · view on lemmy.world

5 Comments

yesman@lemmy.world · 1 pts · 2y (4 replies)

US economic numbers don't align with lived experience. China: Hold my Baijiu.

OtakuAltair@lemmy.world · 4 pts · 2y (2 replies)
jacksilver@lemmy.world · -2 pts · 2y (1 reply)

Poverty rate and the economic results from a single quarter are two wildly different things.

OtakuAltair@lemmy.world · 3 pts · 2y

Can't seem to recall suggesting otherwise

Salph@infosec.pub · 2 pts · 2y

Don't worry, China isn't capitalist like the US. Their economic numbers actually reflect improving living conditions.