China's Economy Struggles with 0.9% Growth | Vantage with Palki Sharma

China's Economy Struggles with 0.9% Growth | Vantage with Palki Sharma

China’s economy grew at a lacklustre 0.9% in the third quarter, underscoring the challenges the country faces as it grapples with a housing market collapse, high unemployment among young graduates, and local governments struggling to meet financial obligations. Despite recent efforts to stimulate growth, the economy continues to slow. The annualised growth rate for July through September stands at 3.6%, reflecting the urgent need for stronger government intervention. Palki Sharma takes an in-depth look at China’s economic struggles and what they mean for the future.

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China | Economy | Unemployment | Xi Jinping | Firstpost | World News | News Live | Vantage | Palki Sharma | News

#china #economy #unemployment #xijinping #firstpost #vantageonfirstpost #palkisharma #worldnews

Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.

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[TalhaShaikh-vw]

We indian should stop creating our own happiness rather then feeling jealous and mocking for no reason focus on growth

China was way behind india but they did things in 40 years that we indian still didn't achieved

We indian are wasting time in listening these news and china is busy gaining power. They will be hub for silicone and green energy in future and we indian didn't bring a single big scheme in decade

[iaminmilkyway]

I'm surprised to see the number of Chinese ans Chinese bots here. They do affected by Palki😂

[CprtFM]

Call them PANDA, calling them Dragon depicts subconsciously accepted power!

[cruelworld]

All chinese bots screaming in the comments 😂

[OOTD]

0, 9% compared to last quarter, 4, 9% compared to last year...

[msnow]

Many Indians (who were misled or fooled) by this 0.9% are getting very excited

[kentorres]

A day without Jealousy towards china is a day wasted---India

[Suntzu]

Not Chinese bot but we Indians should stop creating our own happiness and illusions
We might be having 6.+ Growth but their 4 % growth is not bad either
Compared to their GDP

[Jef-Chen]

Percentage of household with at least 1 car in Asia 2024:

• Malaysia🇲🇾 = 75%
• Japan☢️ = 70%
• S. Korea🇰🇷 = 61%
• Taipei🇨🇳 = 60%
• China🇨🇳 = 55%
• Thailand🇹🇭 = 53%
• Indonesia🇮🇩 = 45%
• Philippines🇵🇭 = 9%

• India🇮🇳 = 6%👈

Source: Asian Development Bank 2024 Report

[Oopsdear]

Chinese after this report - Chini mini Chau Chau, Chini mini Chau🤡😂

[arjunroy]

Why India is Not Developing:
1. Lack Of Unity Among Indians
2. Hindu-Muslim Bad Relationship
3. Caste Politics
4. Mediocre Education System
5. High Unemployment Rate
6. Economic Decline Of West Bengal
7. Terrifying Violence in Manipur
8. Neglect Of Northeast India
9. Rascism And Discrimination Against Northeast Indians
10. Mediocre Entertainment Industry

[ABC-bangkok]

Palki ; Oh yeah, China's Economy Struggles, China is blocked again. China has collapsed again. 😂😂😂😂hahahahaha

[nobodysfool-cy]

Meanwhile, on the same day, CNBC posted "China's Q3 GDP beats estimate" on its channel.

[MrCasablanca]

4.6% on an annual basis is bad? Are you kidding

[cryptohornbill]

Indian bloggers in china are showing something different 😂😂😂😂

[Jef-Chen]

The bottom5 countries with the lowest GDP per capita in G20 (1990)
16. Brazil🇧🇷 = $3, 190
17. Indonesia🇮🇩 = $771
18. Russia🇷🇺 = $472
19. China🇨🇳 = $374
20. India🇮🇳 = $369👈

The bottom5 countries with the lowest GDP per capita in G20 (2000)
16. Brazil🇧🇷 = $3, 865
17. Russia🇷🇺 = $1, 898
18. Indonesia🇮🇩 = $870
19. China🇨🇳 = $951
20. India🇮🇳 = $442👈

The bottom5 countries with the lowest GDP per capita in G20 (2010)
16. Turkey🇹🇷 = $10, 533
17. S. Africa🇿🇦 = $8, 130
18. China🇨🇳 = $4, 572
19. Indonesia🇮🇩 = $3, 177
20. India🇮🇳 = $1, 351👈

The bottom5 countries with the lowest GDP per capita in G20 (2020)
16. Turkey🇹🇷 = $8, 613
17. Brazil🇧🇷 = $7, 345
18. S. Africa🇿🇦 = $5, 672
19. Indonesia🇮🇩 = $3, 919
20. India🇮🇳 = $1, 916👈

The bottom5 countries with the lowest GDP per capita in G20 (2030/ IMF projection)
16. Brazil🇧🇷 = $11, 337
17. Turkey🇹🇷 = $10, 482
18. Indonesia🇮🇩 = $8, 247
19. S. Africa🇿🇦 = $7, 722
20. India🇮🇳 = $4, 025👈

*Consistency is the key to success, India🇮🇳 took it to the next level

[Kunama_tube]

Indian is busy cooking street food Curry 🍛 😂😂😂

[desmondpun]

This is the shocking moment a passenger fell from a moving bus in India.
The woman, Saradha, 52, was standing inside the crowded bus but failed to see the uncovered steps and the open door - walking straight into the gap.
CCTV footage shows Saradha falling as she lost her grip on the steel handrail, before tumbling out of the vehicle and rolling across the pavement.
The driver pulled over and fellow passengers rushed to help her. She also dropped her shopping from a recent trip to buy clothes.
She was rushed to the Salem Government Hospital where she was treated for her injuries from the incident in Namakkal City, Tamil Nadu, on July 2, 2024.
The incident raises further concerns about the safety of India's ageing buses.
Reference: “Passenger falls from moving bus in India”

[divyamrathi]

Crynese Bots Crying in the Comments Section like always

[paulmatters]

Australian here. This so-called analysis is logically and mathmatically absurd. Palki is the Queen of Coping LOL