this post was submitted on 14 Oct 2023
21 points (92.0% liked)
World News
36931 readers
664 users here now
News from around the world!
Rules:
-
Please only post links to actual news sources, no tabloid sites, etc
-
No NSFW content
-
No hate speech, bigotry, propaganda, etc
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
China really pulled off a soft landing tbh
Somehow consumer demand is rising again despite the liquidity crunch
The growth rate is still lower than the pre-COVID years...
It's a soft landing, not a soft takeoff
China had like 33% growth in exports in a single year during the pandemic. They had to normalize eventually.