China Economy Grows 5% Year-on-Year in Q1, Beating Forecasts (www.fxleaders.com)
from inari@piefed.zip to world@lemmy.world on 17 Apr 10:31
https://piefed.zip/c/world/p/1403156/china-economy-grows-5-year-on-year-in-q1-beating-forecasts

#world

threaded - newest

LustLive@fedinsfw.app on 17 Apr 10:34 next collapse

Using fabricated data by an authoritative state??

hitmyspot@aussie.zone on 17 Apr 11:28 next collapse

People have been accusing China of fabricating the data for years. I am sure there is inaccurate information, but no more so than anywhere else. If they were doing it to the level they are accused, their real economy and the phantom economy they created would be so disparate after 40 years of staggering growth that it would be obvious without unfounded accusation.

China seems to be doing very well at managing supply and moving their economy in strategically advantageous ways, while lifting hundreds of millions out of poverty and raising the living standards of hundreds of millions more. They also seem to be good at holding billionaires accountable. Unfortunately, their human right record and respect of minority cultures within China and outside China is awful. I wouldn’t want to live in China. I also wouldn’t want to live in the USA. If I was to be born poor or middle class, I’d prefer to be born in China, there would be more oppurtunity.

Flax_vert@feddit.uk on 17 Apr 11:32 collapse

What makes you think it’s fabricated?

demonsword@lemmy.world on 17 Apr 14:53 collapse

plain old sinophobia

Flax_vert@feddit.uk on 18 Apr 00:17 collapse

My thoughts exactly. China has been honest when they haven’t been doing well, eg, carbon emissions. I’ve been to China and it looks pretty well developed for this to be believable

AuroraZzz@lemmy.world on 17 Apr 10:59 collapse

Probably because Trump pissed off all Americas allies, so now they are allying with China