South China Morning Post (January 29)
At Davos, Chinese Premier Li Qiang provided WEF delegates with an “early and unexpected disclosure… China’s gross domestic product (GDP) had grown by 5.2 per cent in 2023.” This didn’t come across as powerfully convincing evidence that China’s economy is again healthy. Worries remain about China and its economy. “Challenges related to national security, data flows and market barriers still dominate hearts and minds in decision-making.”
Tags: 2023, 5.2%, Challenges, China, Data flows, Davos, Disclosure, Dominate, Economy, GDP, Li Qiang, Market barriers, National security, Premier, WEF, Worries
Financial Times (December 1)
“Something weird is happening in America. GDP growth for Q3 was just revised up from an already scorching 4.9 per cent to 5.2 per cent, more Americans have jobs than at any time in history, but the public is up in arms about economic conditions, with consumer confidence dropping to a six-month low. There really is no pleasing some people.”
Tags: 5.2%, Consumer confidence, Economic conditions, GDP growth, Jobs, Low, Pleasing, Q3, U.S., Weird
