Monday , January 25 2021
Home / South China Morning Post / China’s 2019 GDP revised down, shrinking the base for 2020 growth calculations

China’s 2019 GDP revised down, shrinking the base for 2020 growth calculations

Summary:
[unable to retrieve full-text content]The size of China’s economy and its growth rate for 2019 are slightly smaller than Beijing previously announced, the National Bureau of Statistics (NBS) said on Wednesday after its annual revision of economic data.The NBS statement did not say how much the revision would affect the calculation of the 2020 growth rate. However, by creating a lower base for that calculation, the revision could potentially result in a larger increase for this year than otherwise would have been expected.The…

Topics:
Cissy Zhou considers the following as important:

This could be interesting, too:

Jerri-Lynn Scofield writes Say It Ain’t So, Joe: Character Clause May Bar Any Candidate from Election to Baseball Hall of Fame This Year

Tyler Durden writes “He Has Sold Us Out” – Mobs Of Farmers Swarm New Delhi Protesting Modi’s New Ag Reforms

Tyler Durden writes Morgan Stanley Asks What To Do About All This Optimism

Tyler Durden writes Preview Of Biden’s Executive Orders For Next Week

[unable to retrieve full-text content]
The size of China’s economy and its growth rate for 2019 are slightly smaller than Beijing previously announced, the National Bureau of Statistics (NBS) said on Wednesday after its annual revision of economic data.The NBS statement did not say how much the revision would affect the calculation of the 2020 growth rate. However, by creating a lower base for that calculation, the revision could potentially result in a larger increase for this year than otherwise would have been expected.The…

Leave a Reply

Your email address will not be published. Required fields are marked *