China's Economy in 3 Charts
by Newsweek
Newsweek— The Chinese government's report for the first quarter of 2024 was a mixed bag of cause for optimism and systemic issues that continue to drag on economic growth.Newsweek charts based on the latest data from China's National Statistics Bureau illustrate three key bellwethers of the world's second-largest economy.GDPAccording to the new data, China's gross domestic product (GDP) expanded by 5.3 percent year over year, slightly higher than Q4 2023 and beating many economists' expectations.Though...
WWLP.com—FIBA 3 x 3 Men’s and Women’s games head to Basketball Hall of Fame. The city of Springfield was buzzing with excitement as the highest level of international basketball 3 x 3 teams competed it out starting Monday night.
The Federalist—How China’s Flood Of Cheap Exports Boosts Its Economy And Kills Ours. Unless the Biden administration takes action, China Shock 2.0 will cause more harm to the U.S. economy than the last one.
www.counterpunch.org—The U.S. Economy is Not What It’s Cracked Up To Be. How will Biden conceal the inflation rampaging throughout his term? The latest scheme appears to be draining the Strategic Petroleum Reserve to the last drop. It’s already down to 17 percent, because Biden opened the spigot when his idiotic sanctions on Russian energy back in 2022 boosted prices at the pump into the stratosphere, always a terrifying development for homo politicus. Biden tamed gas prices by emptying most of the SPR. Now he may finish it off, because no, he can’t have gas prices...