Posted on 04/16/2022 10:36:05 PM PDT by nickcarraway
China is expected to report a sharp deterioration in economic activity in March as COVID-19 outbreaks and lockdowns hit consumers and factories, although first-quarter growth may have perked up due to a strong start early in the year.
Data on Monday (Apr 18) is expected to show that gross domestic product (GDP) grew 4.4 per cent in January to March from a year earlier, a Reuters poll showed, outpacing the fourth-quarter's 4 per cent pace due to a surprisingly solid start in the first two months.
But on a quarterly basis, GDP growth is forecast to fall to 0.6 per cent in the first quarter from 1.6 per cent in October to December, the poll showed, pointing to cooling momentum.
(Excerpt) Read more at channelnewsasia.com ...
All data out of China is fake.
I think China is shutting Shanghai down to further screw up supply and demand on a global level in order to cause more turmoil and as payback to the West for decrying China’s alignment with Russia in its war against Ukraine.
They are disrupting the economies of already distressed countries by flexing their authoritarian muscle on a worldwide level, and also on a local level to show a more open Shanghai richer from trade and more open than other parts of China, that they too must submit to their Chinese master’s yoke of oppression.
Our economy is being Shanghaied?
Yep I call BS on this Covid LIE......China is NOTHING but propaganda............PERIOD
It’s the Peking faction sending a strong message to the Shanghai faction.
They aren’t growing. That’s retarded.
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