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US Overtakes PRC In GDP Growth, PRC Economy May Never Catch Up, Claims Bloomberg

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Charles Rollet
•Dec 05, 2023

The US overtook the PRC economy in Q3 2023 economic growth:

Historically, the PRC has grown substantially faster than the US; the PRC is 7x poorer than the US on a per-capita basis, so it has a lot of catching up to do.

*** ********* *** ******** **** *** PRC ********** ***** ******** *** **(** *** **** **** *********) ******* having * ***** *** **********.

******* ****** *****'**** **** ****** ***'* ****** ****** ****** "********* risks ******* ** ************ *** ************ lower ******-**** ******** ******".

*** ***** ************, **** ***** ****-**** weakness *** *********, *****, *******, *** ZKTeco *** ***** ****** ** *** PRC *** ** ***** **** ***** revenues.

***** ***** *** *** ******** ** expanding ******* *** *** (*.*.*********,*****, *********) *** **** ** **** ******* by ****** **** ** ***** ********* *****,****** **** ***** **** ** ********** countries.

********?

JH
John Honovich
•Dec 05, 2023
IPVM

*** **** *.*%,*** ****(*** ***** *****)

** *** ****** **, *** ******* question ** *** *********** *** *** figures ***. **** ** ******** ********* for *****, **** ********** ********** ********* *****'* ****** **** | **************** *****'* *** | ********** *******

*'** ************ ******, * ******* ********* *** * top *** **********, ** ** *********** in **************** ***** *** *****, ******* *****:

** *** ******** ******, *** ** supposed ** ** * ******* ** output, *** ** **** ********* **** is ******* **** ** ********, ******* messily. *** ******* **** **** ** does, ** ***** *****, *** ** the *** ** * ***** **** period, ************* ******* *** ****** ********** agree ** ******* ** *** ******** calculations, *** **** ******* *** ****** over **** ** *** ***** ** GDP ****** *** **** ******.

**** ** *** **** ******* ** China, ***** *** ** ******** ** input ********** ******** ** *** *******’* GDP ****** ******. *** ****** ****** of * ***** **** ****** ** decided **** ***** ** ****, *** to ******* **, ******* ********, ********* local ***********, ****** ** *** ********* amount ** ********, ******* ****** ** debt. ** **** ** ***** *** debt ********, *** ** **** ** it *** ******** *** ******* **** of ************* ******, ******* *** ******* any ****** ****** ** *******.

*** **** *********** ******* *** ******* of ***. ******** *** ** ***** is ** ****** * ******* ** economic ******, *** ****** * ******* of ********* *********. ** *** ******* theorist *****, ***** **** ******* ******* about *** *********** ** * ******

(1)
JH
John Honovich
•Dec 05, 2023
IPVM

*********** *** ***** ***** ******* **** article ** **** **** *****:** ***** ***** **** *** ****** target, ******* **** ** ******* ** serve ** **** ******** *** ******** reform | ***** ***** ******* ****

***** *** **** ******* ***** ** Pettis, **** *** ****** ** ***** is ******* ********* ** ********** ************* increasing **** ** ******* ****:

********* **** ****, **** ***, **** boil **** ** ******* ******* ** willing ** ****** *** ** **** substantial ******** ******** ** *** *** economic **** ******* *** ***** ******** in **** *** ******.

**** **** *** ***** ***** ********* Forum **** **** ********* * ****** rate ** ****** * *** **** next **** ***** ******* **** ******** and ****** ******** ******** **** *** central **********, ***** *** **** ********* to **** ** **** ********, ******* relying ****** ** ***** ***********, ************, banks *** ********** ** ******** *** burden.

(1)
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