China’s Economic Activities Cool More Than Expected

09/15/2024 Bloomberg Television: China’s most major economic metrics are missing forecasts, including the industrial production, the factory output, and the fixed asset urban investment, which show that the economic situation in China might be worsening. The property and consumption has been weak because the consumers are holding on their money. It’ll be difficult to meet the Chinese government’s full-year growth target of 5% this year.
#CommunistChina #GrowthTarget #EconomicDeterioration #missingforecasts #DeceleratingGrowth
09/15/2024 彭博视讯：中共国包含工业生产、工业产出、城镇固定资产投资在内的主要经济指标都未达到预期，这表明中共国经济形势可能正在恶化中。因消费者们正在握紧他们手中的钱，故房地产和消费持续疲软。今年，将很难满足中共国政府全年5%的增长目标。
#中共国 #增长目标 #经济恶化 #未达预期 #增速下降