China's economy back on track

The FT's Don Weinland looks at what's behind China's improved GDP expectations for the year ahead.

[lishan]

This is not what I want to watch from FT, please bring Gordon Chan back!

[axelschroeder]

I remember comments already several years back, saying: China will collapse or at least stagnate. "Look at what happened to Japan, etc, etc. What those people don't understand is that China has developed so quickly in the last 3 decades by lifting over 500 million people out of poverty, But (unlike Japan) China still has 100's of millions of people mainly in the center and western parts of the country that can follow this path. So China has an almost unlimited growth potential. And that is what I think the real genious of the belt and road initiative is, it can later expand those developments almost indefinitely into Central Asia, South- and South East Asia, even Eastern Europe.

[SwayTheBeast]

China up means the world up which means USA up

[tarzan]

1.4 billion hard working people, the economy will never go down. The west will continue to be disappointed for a thousand years

[austin]

Who's here after Corona outbreak😂

[lucisleesion]

OK, guys have a try on Qura searching bar and type in "China will collapse in___" and see how many auto-generated possible questions people ask.
Nice and interesting Western propaganda:)

[NangongReng]

I hope US financial media could just make analysis on US soil alone. If US is not world largest financial centre, I wouldn’t even watch these US media. Always make inaccurate, superficial financial analysis on China. Lousy.

[souspoid]

They’re good. With so much media attack against them + being hated by almost every country, they’re still progressing. At the end of the day, money talks.

[nhivo]

May someone tell me what does it saying " economist are mixed on whether the taxes will have meaningful impact this year" mean?

[pkl]

That's quite incorrect. I'd rather buy GOLD. LOADS OF IT. NOW.

[kizitoonyeagusi]

Why say raise when the money is gotten from air

[moviedude]

How is there no distinction given for inorganic versus organic market driven growth when a sovereign state is essentially pumping money to inflate the numbers?

[jb]

Every 12 months since 2013 the BBC radio/news run reports on the supposed end of the Chinese economic miracle, BUT the Chinese economy keeping growing at a rate of adding a Netherlands size economy to its own each year ( in GDP terms), so this is report by the FT is a bit confusing?? can anyone explain this conflicting news???

[nehcooahnait]

Or after talking about the collapse of China for 20 years, you finally realize that the country has always been on track... it’d better be cuz in time of globalization, if China collapses, other countries suffer as well...

[mreluard]

Hasn't there always be long suspicion on China's numbers?

[devilrider]

China GDP per capita 9, 000$.
So there is a lot of room for growth.it could grow at this rate for other 30 years.

[jakeblack]

Is this growth real or just on paper though? This quarter we saw a significant expansion of credit to Chinese State owned companies. Using monetary policy to stimulate the economy is pretty standard. What is not standard is China's corporate debt. Corporate debt is 155% of GDP (the US is only 70% for reference).


So we have insane corporate debt and now companies are leveraging further to stabilize growth? What about that is on track?

[twisthz]

It's unfortunate that air pollution in China is also back on track, after several years of improvement, because the government allows companies to flout environmental regulations when the economy is slow. In particular, the corridor and the northeastern provinces have had to endure a steep decline in air quality these past 12 months. Now that the economy is picking up, I hope the government will start enforcing environmental regulations again.

[MG-xyrn]

Headline should be: "inevitable delayed in China as debt taps turned back on, blowing bubbles in housing market"

[Sartorius]

Ok 6.4 vs 6.3% isn't that big of a difference.