China's economy slows to 4.8% annual growth in July-September, hit by tariffs and slack demand
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The numbers are out! China's GDP grew 8.1% in 2021, or 5.1% in the past 2 years. Professor Zhu Ning of Shanghai Advanced Institute of Finance, Shanghai Jiao Tong University calls it encouraging: "China delivered far better than expected." The drop shows high-quality growth and transition of the economy. But these economic numbers are not rigid or stiff, and I can truly feel the economic vibe myself. Last weekend, I hung out with my friend. The ice skating rink was full of people plus laughter, a
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