36
China's economic slowdown deepens (www.bbc.com)
submitted 4 weeks ago by PlasticLove@lemmy.today to c/world@quokk.au
3 comments fedilink hide all child comments

"The government’s growth target for this year now appears in serious jeopardy," the former head of the International Monetary Fund's (IMF) China division, Eswar Prasad told BBC News.

"It will take a substantial stimulus-fuelled boost to growth in the fourth quarter to hit the target."

you are viewing a single comment's thread
view the rest of the comments
[-] StannisDMannis@lemmy.today 1 points 4 weeks ago* (last edited 4 weeks ago)

So this is a nothing-burger right? The article says it’s expected to pick up next year and it’s 4.something instead of 5% growth? That all seems rather minor unless China has some deeper economic issues.

this post was submitted on 18 Oct 2024
36 points (95.0% liked)

World News

244 readers
233 users here now

Rules:

  1. Be a decent person
  2. No spam
  3. Add the byline, or write a line or two in the body about the article.

founded 1 month ago
MODERATORS
Deceptichum@quokk.au
Grainne@lemmy.dbzer0.com
PhilipTheBucket@ponder.cat