China's economy beats expectations to grow 5.3% in first quarter 

Well done China

A lot western accounts r butthurt

India crying😂

China Economy is getting better with huge unexpected global export.

Where is china uncensorred, serventza and other western expects

Despite orchestrated Western propaganda, China’s economy will continue to outperform. The most popularly adopted, and comprehensive scorecard of a country’s economic health is GDP (short for gross domestic product). It is the total monetary value of all the finished goods and services produced within the country. Growth or contraction in the economy is measured by the change in GDP at constant price. And the function that relate to and affect the changes in GDP are government spending, domestic consumption, investment, and net exports (or exports minus imports). In a close economy where a country does not trade with another country, then technically, its government can print an unlimited amount of money to finance its expenditure. But in the real world, no country’s economy is truly “close” as such. Because no country can produce everything it needs. Hence, its ability to print money is limited by its net exports. In other words it must be able to sustain its balance of payments without the risk of its currency being devalued, or become worthless. But since the end of Bretton Wood in the early ‘80s, the US became the only country that enjoys the advantage of not having to worry about printing too much money. That is because the US dollar became the de facto premier reserve currency, and the primary medium for international trade settlement. For fiscal 2023, U.S. public debt had increased by $2.239 trillion from a year earlier (at $30.928 trillion) to $33.167 trillion. In other words, deficit government spending accounted for a staggering 8.2% of 2023 U.S. GDP of $27.36 trillion While deficit spending has artificially inflated the U.S. economy, it is not without its flip side, as it fuelled inflation and erode real incomes. China on the other hand, continues to register a trade surplus (net exports) of 5.24 trillion yuan （$823 billion）in 2023. And given its high domestic savings and the total deposits of 284.18 trillion yuan ($39.85 trillion) in its banking system, technically, China too is placed in an enviable position to ramp up its government spending without the fear of unwarranted pressure on its currency. Be that, China had elected to a benign deficit of 3.9% of its $17.701 trillion economy, and keeping inflation in check. Which economy is more resilient? The fact speaks for itself.

Many Japanese right wings melted down after this 1q GDP. Literally they keep screaming " it is a lie. It is BS" I guess the truth hurts 😂

1-3-2024 World Bank research shows that for every 1% point decline in China's gross domestic product (GDP), Singapore's GDP will fall by 1.3%, Malaysia's GDP will fall by 0.7%, and Indonesia's GDP will fall by 0.6%. China is an important locomotive and development partner in the region, so changes in global geopolitics have triggered regional shocks.

What's the actual number? 🤨

great news for Asian region.

Nice one china

Property is consumption. Manufacturing is production. Why is it a surprise?

Housing market in China effect in GDP is probably overstated. And people in China has a lot of saving. But typical Chinese are more conservative in spending. Unlike the west, the people would spend even if they have no saving.

The reporter needs to do a better job. The GDP number was better than expected. She should spend more time analysing the new drivers of growth rather than regurgitating stale news on the residential property sector and local government debt.

5.3% gdp...postive n progress from real estate recession...china still richest in the world... in front of usa

Going to Shenzhen next month to buy some custom automation machine. Hope they deliver my machine on time despite good economy

good news for its trading country partners

I notice Huawei has reported a great quarter ., for Q1. Are these results accurate ? or "shonky" Chinese government adjusted figures ?

China's exports are increasingly moving towards high-value products such as electric cars, ships, aircraft, space transportation, high-end electronics and high-quality electrical equipment. China will escape the middle-income trap👏

Nice job.

Like the Chinese runner who beats three Africanas to finish the game 😅

Well done

I've subscribed to this channel as a reliable news source for China . Is this growth figure accurate ? It sounds a lot better than was expected by commentators , not just in China , but from all around the world . Which means they are probably inflated/ "shonky" .

I love delusional mathematics too.

Walk the talk. Load up on A shares and ride the upgrowth. 😅

Funny

U$AUK MSM.... 2023-7-16 , China's exports fell rapidly in the first half of the year, which may drag down the world economy. 2024-3-13 , China's factory exports are growing rapidly, causing jobs around the world to be threatened and may drag down the economic growth of other countries.

Just the little problem that other underlying economical indicators don't support the numbers published at all. Use critical thinking

Of course I throw much money to support china stock market

Why lots of Tons chinese mainland Arrival to stay in SG😅😅😅

Just the little problem that other underlying economical indicators don't support the numbers published at all. You can't write it but very few economic experts believe the numbers. Just read other underlying economical indicators and use critical thinking yourself

Very hard to believe

Nice one china... 😂😂😂

What happened to the collapse??😂😂😂

Overcapacity GDP result of supply to over demands.

When one is cash n trade surplus rich in earnings against spendings, there is alot of room n space in fiscal n financial tools n economic parameters n levers that can b brought into play.GDP can also b expediently manipulated by increasing the printing of the global fiat reserve n trading currency supply onto the global market 😂

Reading the comments on this channel makes me laugh. For your knowledge and information, the way that China computes its GDP is similar to the way that it counts the number of COVID-19-infected people or unemployed workers. Anything that is bad and affects the real number will be eliminated. Anything good, but small will be inflated.

The saddest thing is, there are people holding minister position believe these numbers blindly. 😂

1:28 Is she not speaking Mandrin? Very unique no chi cha 😂😂

Bill Gates 🇺🇸

😂😂 ccp just say whatever figure they like

"How would a slowdown in the People’s Republic of China affect its trading partners".Asia and the Global Economy Volume 1, Issue 2, July 2021. The People’s Republic of China (PRC) has become an important importer for many countries. Exports from several East and Southeast Asian countries to the PRC exceed 10% of their GDPs. The results indicate that Chinese Tapei and the Association of Southeast Asian Nations are exposed to the PRC because they produce goods for the Chinese market and exposed to advanced economies because they ship parts and components to the PRC for processing and re-export to the West. South Korea is more exposed to a slowdown in advanced economies that purchase processed exports from the PRC than to a slowdown in the PRC. Major commodity exporters such as Australia, Brazil, Indonesia, and Saudi Arabia and exporters of sophisticated consumption and capital goods such as Germany and Switzerland are exposed to a slowdown in the Chinese domestic market. The results indicate that imports for processing into the PRC are closely linked to processed exports from China to the rest of the world and that ordinary imports are closely linked to Chinese GDP.

Their reporting can be trusted? High investment on old tech?

China is investing more in the hightech industries now. All the cheap and low value products like sewing underwear, making slippers, toys and plastic industries China are happy to see them moving to 1nd!a. 😂😂😂😂

Seriously, to gain some respect from other countries, the Chinese government needs to *stop its lies.*

Chinese property sector, which accounts for 30% of GDP, is crashing. - Exports and imports, accounting for 37% GDP, are down. - Foreign investment (FDI) is falling over 90%, lowest in 3 decades. - Foreign visitors are down 96% compared to the pre-pandemic level in 2019. - Consumer prices are experiencing deflation. - Youth unemployment hits over 21%, a record. - Its fast-shrinking workforce is 10 years older than neighboring countries. *Still, China keeps reporting outrageous GDP numbers.* Lol Where does the growth come from?

5.3% ahahahahahaha. Export dropped 11.4% (real value) instead of 7.5% drop (reported by China) in March 24, import also dropped 1.4%. No ultra high tech UV machine to make high tech chips. All EV makers even BYD also sales dropped like a stone in 2024. Still can grow by 5.3%? Even my toes are laughing.

Only if u believe their fake numbers.

Why chnalues so much

This Chinese guy nails it, explain in a comical but accurate way. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-RDaY9b6e4jc.htmlsi=_5djTfu62rdmyj3A

Just the little problem that other underlying economical indicators don't support the numbers published at all. You can't write it but very few economic experts believe the numbers. Just read other underlying economical indicators and use critical thinking yourself