do not be so easily fooled
Shanghai March 2022 COVID:
And Shanghai today:
The gross domestic product (GDP) of China rose by 6.3% year on year in the second quarter of 2023, according to a preliminary report released by the country’s National Bureau of Statistics (NBS) on Monday. The Chinese economy grew by 0.8% quarter on quarter. The value of the primary industry grew 3.7% year on year, the secondary industry expanded 4.3% and the tertiary industry was up 6.4%. In the first half of 2023, the Chinese GDP reached 59,303.4 billion yuan, climbing 5.5% on an annual basis.
China’s industrial production rises 4.4% in June
Industrial production in China increased by 4.4% in June compared to the same month in 2022, according to a report by the National Bureau of Statistics on Monday. On a monthly basis, industrial output climbed 0.68%. The Manufacturing Purchasing Managers’ Index stood at 49%, and the Production and Operation Expectation Index was 53.4%.
Chinese retail sales up 3.1% in June
Retail trade in China was up by 3.1% in June on a yearly basis, the National Bureau of Statistics said in its latest release on Monday. The sales figure came in below estimates. The retail sales of merchandise rose 1.7% annually, while catering jumped 16.1%. In the first half of the year, retail sales increased by 8.2%. .BlackMask Pod Cast:
if it was any other economy china numbers would be regarded as hot
