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Foreign Affairs

TexasTowelie

(115,231 posts) Sun Sep 15, 2024, 09:30 AM Sunday

"Hyperinflation, Economic Collapse, & National Disintegration" - Top Chinese Economist's Warning - China Update

00:00 Introduction
03:34 Lu Ting on Consumption Stimulus Debate
13:58 How to Stimulate the Economy and Implement Cash Handouts

2 replies

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Highlight:

"Hyperinflation, Economic Collapse, & National Disintegration" - Top Chinese Economist's Warning - China Update (Original Post) TexasTowelie Sunday OP

Love these. cachukis Sunday #1

Doom and Gloom. The International Monetary Fund does not agree. speak easy Sunday #2

cachukis

(2,426 posts)

1. Love these.

Reply to TexasTowelie (Original post)

Sun Sep 15, 2024, 09:59 AM

Sunday

speak easy

(10,217 posts)

2. Doom and Gloom. The International Monetary Fund does not agree.

Reply to TexasTowelie (Original post)

Sun Sep 15, 2024, 10:06 AM

Sunday

The IMF is not known for it's optimism. It is an unbiased source of economic assessments.

China’s economy is projected to grow by 5 percent in 2024 and 4.5 percent in 2025. These reflect upward revisions of 0.4 percentage points for both years compared to the April WEO projections, driven by strong Q1 GDP data and recent policy measures. Core inflation is expected to rise but stay low as output remaining below potential.

https://www.imf.org/en/News/Articles/2024/05/28/pr24184-china-imf-staff-completes-2024-art-iv-mission

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