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    Musk shouted at Bezos: If you want to dominate the space race, spend less time bathing in hot water

    Musk shouted at Bezos: If you want to dominate the space race, spend less time bathing in hot water

    How lucky are Indian children in the United States to get out of a "boarding school" alive?

    How lucky are Indian children in the United States to get out of a “boarding school” alive?

    Japanese billionaires broadcast live in space, saying the next stop is Mariana Trench

    Japanese billionaires broadcast live in space, saying the next stop is Mariana Trench

    Want to go to Mars? Solve these problems first.

    Want to go to Mars? Solve these problems first.

    Pakistan lifts TikTok's ban again

    Pakistan lifts TikTok’s ban again

    Facebook platforms have become a tool for inciting religious hatred in India

    Facebook platforms have become a tool for inciting religious hatred in India

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    scoring two goals in 90 seconds, Real Madrid "resurreated" in the Champions League to the finals

    scoring two goals in 90 seconds, Real Madrid “resurreated” in the Champions League to the finals

    Schedule of the 2024 Paris Olympic Games announced

    Schedule of the 2024 Paris Olympic Games announced

    Secretary-General of the Qatar World Cup Organizing Committee: Welcome to Qatar

    Secretary-General of the Qatar World Cup Organizing Committee: Welcome to Qatar

    Chinese women's football team competes in the 2022 Indian Women's Football Asian Cup

    Chinese women’s football team competes in the 2022 Indian Women’s Football Asian Cup

    Djokovic issued a statement: Extremely disappointed with the judgment of the Australian court

    Djokovic issued a statement: Extremely disappointed with the judgment of the Australian court

    Challenge the highest difficulty and qualify for the Winter Olympics. Yuzu is back!

    Challenge the highest difficulty and qualify for the Winter Olympics. Yuzu is back!

    Messi was named IFFHS Player of the Best South American Player

    Messi was named IFFHS Player of the Best South American Player

    Countdown clock for the 2022 Qatar World Cup starts timing

    Countdown clock for the 2022 Qatar World Cup starts timing

    Countdown to the first anniversary, Qatar World Cup has been set for 13 seats

    Countdown to the first anniversary, Qatar World Cup has been set for 13 seats

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    The United States reported 180 cases of hepatitis in children with unknown causes, spreading to 36 states and territories.

    The United States reported 180 cases of hepatitis in children with unknown causes, spreading to 36 states and territories.

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    8 cases of hepatitis in children with unknown causes were found in Argentina

    Students in many parts of the United States went on strike to protest against the severity of the school epidemic and asked officials to take practical measures to prevent the epidemic

    Students in many parts of the United States went on strike to protest against the severity of the school epidemic and asked officials to take practical measures to prevent the epidemic

    Belgian fighting champion dies of COVID-19: Refuses to go to hospital before death, saying that COVID-19 is just a small virus

    Belgian fighting champion dies of COVID-19: Refuses to go to hospital before death, saying that COVID-19 is just a small virus

    With the increasing number of confirmed cases of COVID-19, the Indian capital New Delhi will impose a curfew on the 27th.

    With the increasing number of confirmed cases of COVID-19, the Indian capital New Delhi will impose a curfew on the 27th.

    255 U.S. personnel have been diagnosed with a cluster infection in U.S. military camps in Okinawa Prefecture, Japan

    255 U.S. personnel have been diagnosed with a cluster infection in U.S. military camps in Okinawa Prefecture, Japan

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    Israeli Prime Minister Bennett is quarantined due to his daughter’s diagnosis of COVID-19

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    Omicron hits U.S. frontline employees, thousands of police and nurses in New York are absent

    6 staff members around Canadian Prime Minister Trudeau were diagnosed with COVID-19

    6 staff members around Canadian Prime Minister Trudeau were diagnosed with COVID-19

    Is another "pandemic storm" coming? WHO issued a warning!

    Is another “pandemic storm” coming? WHO issued a warning!

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      Musk shouted at Bezos: If you want to dominate the space race, spend less time bathing in hot water

      Musk shouted at Bezos: If you want to dominate the space race, spend less time bathing in hot water

      How lucky are Indian children in the United States to get out of a "boarding school" alive?

      How lucky are Indian children in the United States to get out of a “boarding school” alive?

      Japanese billionaires broadcast live in space, saying the next stop is Mariana Trench

      Japanese billionaires broadcast live in space, saying the next stop is Mariana Trench

      Want to go to Mars? Solve these problems first.

      Want to go to Mars? Solve these problems first.

      Pakistan lifts TikTok's ban again

      Pakistan lifts TikTok’s ban again

      Facebook platforms have become a tool for inciting religious hatred in India

      Facebook platforms have become a tool for inciting religious hatred in India

      Trending Tags

      • Google
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      scoring two goals in 90 seconds, Real Madrid "resurreated" in the Champions League to the finals

      scoring two goals in 90 seconds, Real Madrid “resurreated” in the Champions League to the finals

      Schedule of the 2024 Paris Olympic Games announced

      Schedule of the 2024 Paris Olympic Games announced

      Secretary-General of the Qatar World Cup Organizing Committee: Welcome to Qatar

      Secretary-General of the Qatar World Cup Organizing Committee: Welcome to Qatar

      Chinese women's football team competes in the 2022 Indian Women's Football Asian Cup

      Chinese women’s football team competes in the 2022 Indian Women’s Football Asian Cup

      Djokovic issued a statement: Extremely disappointed with the judgment of the Australian court

      Djokovic issued a statement: Extremely disappointed with the judgment of the Australian court

      Challenge the highest difficulty and qualify for the Winter Olympics. Yuzu is back!

      Challenge the highest difficulty and qualify for the Winter Olympics. Yuzu is back!

      Messi was named IFFHS Player of the Best South American Player

      Messi was named IFFHS Player of the Best South American Player

      Countdown clock for the 2022 Qatar World Cup starts timing

      Countdown clock for the 2022 Qatar World Cup starts timing

      Countdown to the first anniversary, Qatar World Cup has been set for 13 seats

      Countdown to the first anniversary, Qatar World Cup has been set for 13 seats

    • Lifestyle
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      The United States reported 180 cases of hepatitis in children with unknown causes, spreading to 36 states and territories.

      The United States reported 180 cases of hepatitis in children with unknown causes, spreading to 36 states and territories.

      8 cases of hepatitis in children with unknown causes were found in Argentina

      8 cases of hepatitis in children with unknown causes were found in Argentina

      Students in many parts of the United States went on strike to protest against the severity of the school epidemic and asked officials to take practical measures to prevent the epidemic

      Students in many parts of the United States went on strike to protest against the severity of the school epidemic and asked officials to take practical measures to prevent the epidemic

      Belgian fighting champion dies of COVID-19: Refuses to go to hospital before death, saying that COVID-19 is just a small virus

      Belgian fighting champion dies of COVID-19: Refuses to go to hospital before death, saying that COVID-19 is just a small virus

      With the increasing number of confirmed cases of COVID-19, the Indian capital New Delhi will impose a curfew on the 27th.

      With the increasing number of confirmed cases of COVID-19, the Indian capital New Delhi will impose a curfew on the 27th.

      255 U.S. personnel have been diagnosed with a cluster infection in U.S. military camps in Okinawa Prefecture, Japan

      255 U.S. personnel have been diagnosed with a cluster infection in U.S. military camps in Okinawa Prefecture, Japan

      Israeli Prime Minister Bennett is quarantined due to his daughter's diagnosis of COVID-19

      Israeli Prime Minister Bennett is quarantined due to his daughter’s diagnosis of COVID-19

      Omicron hits U.S. frontline employees, thousands of police and nurses in New York are absent

      Omicron hits U.S. frontline employees, thousands of police and nurses in New York are absent

      6 staff members around Canadian Prime Minister Trudeau were diagnosed with COVID-19

      6 staff members around Canadian Prime Minister Trudeau were diagnosed with COVID-19

      Is another "pandemic storm" coming? WHO issued a warning!

      Is another “pandemic storm” coming? WHO issued a warning!

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      YC News

      China Economy Recovered? What Media’s Write About?

      October 24, 2020
      in Business
      0
      China Economy Recovered? What Media's Write About?

      China’s third-quarter economic data has recently been released intensively, and the interpretation of the data by major Western media is overwhelmingly positive: CNN’s headline is “China’s Economic Recovery Gains Greater Momentum”; Bloomberg described that China’s economy is “The world’s only major economic engine, and continue to ride the wind and waves”; “The Economist” stated that “the whole world is in the quagmire of recession, but China has emerged from a V-shaped rebound.”

      △ CNN report screenshot: “China’s economic rebound momentum is stronger”

      △Screenshot of Bloomberg report: “China is the only major engine in the world to continue to ride the wind and waves”

      △ “The Economist” reported a screenshot of China’s V-shaped rebound-“V symbolizes victory”

      Some Western media used to look at China with microscopes and haha ​​mirrors, but this time they praised China’s economy in unison, which can send at least three signals.

      The first is that China’s economy performed sufficiently “hard core” from July to September. The troika of investment, consumption, import and export has all turned positive, and major economic indicators have continued to improve, especially the total retail sales of consumer goods, which has attracted much attention. 0.9% is the first positive growth this year. Looking at the market performance during the National Day and Mid-Autumn Golden Week in early October, the recovery of social consumption will be further accelerated. From a long-term perspective, consumption is the main engine to promote the high-quality and sustainable development of the Chinese economy. The role will become more and more obvious. CNN and the British Broadcasting Corporation (BBC) have come to the same conclusion: China’s recovery has become a reality, “the scope of the recovery continues to expand, and the foundation of the recovery is further consolidated”, and will “further speed up.” The German “Business Daily” believes that there is no need to doubt the credibility of China’s economic data. Because the micro data of German companies “can fully confirm China’s economic performance.”

      △BBC Interpretation of China’s third quarter economic data report screenshot

      Second, China’s approach to coordinate epidemic prevention and economic development is being widely recognized. A German TV station reported that, “Although there are still people who have difficulty understanding China’s epidemic prevention and control measures, unlike many European countries that are facing the second wave of epidemics, Chinese people no longer have to worry about the inconvenience caused by large-scale lockdowns. Worried about the stock market plummeting.” The Süddeutsche Zeitung also published similar comments, and the article pointed out that “fighting the virus is fighting the recession”. The author further explained, “If you want people to go shopping, go to bars, or travel, you must first stop them from worrying about being infected by the virus.” China’s experience shows that “decisive measures are much stronger than half-heartedness.”

      German TV report: “China has returned to its pre-epidemic level”

      More importantly, economic globalization is an objective reality and historical trend, and the important enlightenment that the epidemic has brought to people is becoming more and more popular. Reuters wrote in a review: “The decision makers all over the world put their hopes on China. They hope that China can lead the world economy to a strong recovery and create huge demand.” The German “Business Daily” for example, China has always been an important market for German car companies. Under the shadow of the epidemic, “China has become a’life-saving straw’ for German car companies.” Data from the Federal Statistical Office of Germany explains this statement: German exports to China in August fell slightly by 1.1% year-on-year, and due to the deteriorating new crown epidemic in the United States, German exports to the United States fell 21.1% year-on-year that month. Deutsche News Agency quoted statistics from the German Chamber of Commerce and Industry to provide evidence that the world economy will not decouple due to human factors: “As much as 90% of the products produced by German companies flow directly or indirectly to the Chinese market. At present, 800,000 German jobs are related to China. Demand is closely related.” (Hot Observation Commentator)

      Tags: Economy

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