(Bloomberg) -- China’s economic growth rebounded more than expected in the first quarter, suggesting limited spillovers so far from the war in Iran but revealing few signs of turnaround in weak consumer spending.Powered by strong manufacturing and exports, gross domestic product expanded 5% from a year ago, the fastest in three quarters, according to a statement from the National Bureau of Statistics on Thursday. GDP also saw the quickest sequential growth since the final three months of 2024, w
    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
      8·
      19 days ago

      I love how China’s economy has been consistently growing for literally decades on end, and every time they add ‘unexpectedly’ when the new numbers come out.

      • Flyberius [comrade/them]@hexbear.netEnglish
        4·
        19 days ago

        I do wonder whether the writers of these articles know this and they have an ulterior motive for the consistent wrong predictions, like propaganda, or if they literally do not understand managed economies because of their capitalist brain worms

        • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
          5·
          19 days ago

          Likely a combination of the two things. You don’t get in a position to write these kinds of articles unless you already drink the kool aid. And drinking the kool aid means you already have existing biases that lead you to frame things in a certain way.