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Zhang Meifang
CGMeifangZhang
China's low-altitude #economy is poised to see speedy growth in the coming years, fueled mainly by investments in related infrastructure construction, policy support from authorities and commercial applications in diverse scenarios, industry experts said. pic.twitter.com/OG9O9OmKZf
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Zhang Meifang
CGMeifangZhang
China's economic performance for the first quarter of this year was unveiled on Tuesday, showing a strong start with robust growth and improved quality and efficiency. pic.twitter.com/AHM6FCVUuc
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Michael Pettis
michaelxpettis
1/8 Although Russell Napier is right to identify China's high and soaring debt as a major problem for the economy, he then says: "China needs to not just reflate its economy but to inflate away its debts." www.ft.com/content/9f400538-645f-4c80-b206-0de6c51dc75f via @ft
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Michael Pettis
michaelxpettis
1/5 Chinese GDP grew by 5.3% in the first quarter of 2024, well above expectations, reinforcing concerns that GDP growth in China means something quite different than GDP growth in economies that operate under hard-budget constraints. www.caixinglobal.com/2024-04-16/chinas-gdp-grew-x-in-first-quarter-missingbeatingmeeting-expectations-102186355.html?cxg=web&Sfrom=twitter
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