Sorry, I understated China’s growth.
“ BEIJING — China’s economy grew by 8.1% in 2021 as industrial production rose steadily through the end of the year and offset a drop off in retail sales, according to official data from China’s National Bureau of Statistics released Monday.
Fourth-quarter GDP rose by 4% from a year ago, according to the statistics bureau. That’s faster than the 3.6% increase forecast by a Reuters poll. For the full year, China economists expected an average of 8.4% growth in 2021, according to financial data provider Wind Information.”
The new world’s economic giant in the making.
While the US argues about how many genders there are.
You believe those numbers?
China is panicked right now, as their money supply begins to crater from the burst of their real-estate bubble on properties that are completely worthless (ghost cities anyone?).
China's economy is in a position to explode downward, and drag much of the world with it.
That's the thing to watch - not what Russia does with their economy.
Those stats are complete make believe. No one takes them seriously. Remember China saying they had not a single new covid case in months while the West was raking up millions? Or they would report 4 cases in city of 10 million and that is why they were closing it?