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China Consumer Demand Grew 6.4% in May
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takbodoh722
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Jun 16 2025, 01:46 PM
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New Member
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inflation/deflation = prices. consumption = total spend (price x transaction no)
In essence Chinese consumers spend more to buy more goods at same or lower prices. That's why consumption can go up in deflationary situation.
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takbodoh722
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Jun 16 2025, 04:39 PM
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New Member
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China GDP was USD 2 trillion in 2005, USD 11.3 trillion in 2015 and USD 18.2 trillion. https://www.statista.com/statistics/263770/...t-gdp-of-china/Should be collapsing past USD 20 trillion soon.
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