China’s economic activity bounced back in the first quarter of 2023 with the removal of mobility restrictions and a surge in spending on services. However, growth momentum has slowed since April, indicating that China’s recovery remains fragile and dependent on policy support, according to Sustaining Growth through the Recovery and Beyond, the latest China Economic Update released today by the World Bank.
  • ImOnADiet
    4·
    1 year ago

    implementing market reforms to encourage private investment while putting the economy on a more efficient decarbonization path.

    I’m literally going to turn into the joker if China actually goes down that path

      • ImOnADiet
        4·
        1 year ago

        Is there anything from Chinese officials themselves? this is just a report by the world bank, inshallah they know not to listen to these devils

        • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
          31·
          1 year ago

          I haven’t seen anything official yet, and wouldn’t put too much stock into world bank framing of things. We’ll have to wait and see.