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How long will countries accept the deflation being exported by China?
From notayesmanseconomics.wordpress.com
Today it is time to look East again as we have received the official data on economic growth in the first half of the year. At the moment in addition to our long-running theme on the bursting of the property market bubble we have the first period under the new Trump Tariffs. As ever the National Bureau of Statistics opened with rhetoric. The national economy rose to the challenge in the first half of the year and maintained steady growth. But then we got the actual numbers. According to preliminary calculations, the GDP in the first half of the year was 66,053.6 billion yuan, a year-on-year increase of 5.3% at ... (full story)
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- Jul 15, 2025 6:42am Posted byFundamental Analysis34,384
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