Title : China Expects Its GDP To Decrease Even Further In The Coming Months
link : China Expects Its GDP To Decrease Even Further In The Coming Months
China Expects Its GDP To Decrease Even Further In The Coming Months
Zero Hedge: China Braces To Unveil 5%-GDP Growth At Two Key Meetings In Coming Weeks
Earlier this month, Beijing marked the 70th anniversary of the People's Republic of China with huge military parades, showing off its hypersonic weapons and weaponized drones. But behind the scene's China's economy is quickly decelerating, and fresh evidence last week shows GDP could slip under 6%. China's GDP, published last Friday, showed 6% growth for 3Q, the weakest quarterly prints since 1992 and down from 6.2% in 2Q.
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WNU Editor: My friends and contacts in China are telling me a different story. There has been no real growth in the economy since the summer.
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