See? China is going to crash for real this time. Just you wait, tankies!

But the IMF noted that, by 2029, China’s economic growth is expected to decline to 3.3 percent, citing aging and slower productivity growth.

29 points

I mean, I’m no economics expert, but isn’t a slowdown in growth as the productive forces become more advanced normal?

permalink
report
reply
22 points

It’s almost as if they’re more interested in scoring propaganda points than actual analysis.

permalink
report
parent
reply
15 points

yep lol

permalink
report
parent
reply
19 points
*

Yes, even as the size of the growth increase, the rate declines.

From 10 to 12 you grow 2 and the rate is 20%. From 100 to 110 you grow five times more, but half the rate. So the news says you growth slow down.

permalink
report
parent
reply
8 points

When you put it that way, it’s literally basic maths lmao. Thanks for the explanation 🫡

permalink
report
parent
reply
5 points

Yes, but even so, China’s “cost per GDP point” is lower than any other nation at the same point in their GDP development.

permalink
report
parent
reply
15 points

Oh brother, a decline of growth to 3.3 percent? Whatever will we do??

permalink
report
reply

A liberal economist would sacrifice a child to the line god every year to get a consistent 3.3 percent growth.

permalink
report
parent
reply
10 points

only one?

permalink
report
parent
reply

At least one.

permalink
report
parent
reply
11 points

IMF revises China’s two-year economic growth upwards, cites strong GDP

This is basically tautological.

permalink
report
reply
10 points

b-but china economy crashing! All my fellow redditerinos said it!

permalink
report
reply

Community stats

  • 761

    Monthly active users

  • 3K

    Posts

  • 18K

    Comments