The Chinese economy is expected to grow at a rate of 6.3% in 2019, according to a survey of 21 economists conducted by Yicai.com.
Economists are also expecting an 8.57% growth rate for retail sales. This is lower than 2018’s estimated 9.02%.
Retail sales growth fell more than was expected in 2018, as consumers had a lower appetite for goods, said Huang Jianhui, an economist at China Mingsheng Bank. Auto sales have seen negative growth for the first time in 10 years. The consumption of construction materials, home appliances and furniture all declined due to weakening home sales.
As for inflation, economists expect the consumer price index (CPI) to grow at a rate of 2.19% in 2019, while the producer price index (PPI) will fall significantly to 1.49%.
Jiang Chao, chief economist at Haitong Securities, believes the risk of deflation will be greater than the risk of inflation in 2019.
Achieving 6.3% growth has been an impossible dream for most countries.
Achieving 6.3% growth has been an impossible dream for most countries.
Reality of fudged numbers.
To the consternation of Chinese censors, a presentation delivered by an economics professor at Renmin University in Beijing sparked a controversy last month when the professor claimed that a secret government research group had estimated China’s growth in gross domestic product could be as low as 1.67% in 2018, far below the official rate.
https://www.zerohedge.com/news/2019-01-05/china-censors-economics-professor-who-claims-real-gdp-growth-below-2
Reality of fudged numbers.
To the consternation of Chinese censors, a presentation delivered by an economics professor at Renmin University in Beijing sparked a controversy last month when the professor claimed that a secret government research group had estimated China’s growth in gross domestic product could be as low as 1.67% in 2018, far below the official rate.
https://www.zerohedge.com/news/2019-01-05/china-censors-economics-professor-who-claims-real-gdp-growth-below-2
So you found the one idiot in the entire world that says that Chinese economic growth was only 1.67 %. I suppose he was hiding in the basement of the CIA in West Virginia. Congradulations, of course he must belong to the same tiny group that wants to over throw the Chinese government or who would like China to adopt American style capitalism so that they can force hundreds of millions of Chinese back into poverty. Good luck there at trying to sell that pile of steaming bullshite.
You should try getting out of your mother`s basement once in a while, the fresh air and sunshine would do wonders at ventilating your tiny brain.
So you found the one idiot in the entire world that says that Chinese economic growth was only 1.67 %. I suppose he was hiding in the basement of the CIA in West Virginia. Congradulations, of course he must belong to the same tiny group that wants to over throw the Chinese government or who would like China to adopt American style capitalism so that they can force hundreds of millions of Chinese back into poverty. Good luck there at trying to sell that pile of steaming bullshite.
You should try getting out of your mother`s basement once in a while, the fresh air and sunshine would do wonders at ventilating your tiny brain.
Thomas Daniel Kuhn
You brainless blind Wumao if you know how to read and understand the the article well it says that the presentation was done by an honest economist from Beijing Renmin univ itself.
So, who’s the fucking idiot here ? Wumaos always make accusations of anything negative against Wumao nation as done by CIA. You’re not that level headed and with independent brain as this economist. You should be hiding under your mama’s basement before the coming crash. Read again…China’s Ponzi economic realities.
http://www.crusoeresearch.com/article/jim-rickards-debt-bomb-ready-to-explode/
https://www.google.com/amp/s/amp.scmp.com/news/article/2108442/my-prediction-coming-collapse-chinas-ponzi-scheme-economy
Thomas Daniel Kuhn
You brainless blind Wumao if you know how to read and understand the the article well it says that the presentation was done by an honest economist from Beijing Renmin univ itself.
So, who’s the fucking idiot here ? Wumaos always make accusations of anything negative against Wumao nation as done by CIA. You’re not that level headed and with independent brain as this economist. You should be hiding under your mama’s basement before the coming crash. Read again…China’s Ponzi economic realities.
http://www.crusoeresearch.com/article/jim-rickards-debt-bomb-ready-to-explode/
https://www.google.com/amp/s/amp.scmp.com/news/article/2108442/my-prediction-coming-collapse-chinas-ponzi-scheme-economy