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The Magic Of China's Ridiculous GDP: It's An Input, Not An Output
The Magic Of China's Ridiculous GDP: It's An Input, Not An Output By Stefan Koopman, Senior Macro Strategist at Rabobank An Input, Not An Output China just hit its 2024 growth target, as it always does. According to Bloomberg, an “11th-hour stimulus blitz” and “some export boom turbocharged activity” were required to get it over the line, but here we are. Gross domestic product rose 5.0%, exceeding forecasts of 4.9% growth. The December data showed a rapid rise in industri
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