Economic indicators signal recovery of Chinese economy – Global Times

Flag of the Chinese Communist Party 贛語: 中國共產黨黨...

Flag of the Chinese Communist Party 贛語: 中國共產黨黨旗 한국어: 중국공산당당기 / 中國共產黨黨旗 lzh: 中國共產黨之黨旗 Português: Bandeira do Partido Comunista da China Русский: Флаг Коммунистической партии Китая Tiếng Việt: 黨旗黨共産中國 / Đảng kỳ Đảng Cộng sản Trung Quốc 粵語: 中國共產黨黨旗 (Photo credit: Wikipedia)

China influential newspaper Global Times reports that China’s economy may have just come back for a recovery, recent economic indicators signaled.

Source: Economic indicators signal recovery of Chinese economy – Global Times

Whilst I regard this as good news, I would look for confirmation before celebrating. The Global Times is closely associated with the Chinese Communist Party. Also I fear that China’s statistics are probably not as robust as leading Western countries.

Thoughts?

One response

  1. Like Dr. Alf ,I think it is too early to tell,but I give the Chinese leadership full marks for effort and am cautiously optimistic that they will pull through in the end.
    Certainly,when their leadership sees problems they are not ignored but are tackled vigourously and relentlessly. Mistakes are made but the process of implementing solutions continues.
    In contrast, the EU and the UK do too little,expecting things to change by osmosis which is never a substitute for concerted action.

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