That one child limit is about to reek havoc for Chinese economy
What a bunch of crap. The headline is totally misleading. The article is full of misleading statements that the reader can pick from
>The growth rate — unadjusted for inflation
​
>Some of the outperformance was of course due to the faster pace of consumer-price increases in the US compared with China,
Finally some “truth”
>Real GDP rose 3.3% in the US last quarter, against China’s 5.2% inflation-adjusted growth. And using the lens of purchasing power parity, which tries to take account of differences in prices between countries for the same good or service, China overtook the US as the world’s biggest economy several years ago.
Yuan trading 10% lower relative to the USD than it was 2 years ago.
Is there a consensus on what is causing it’s declining value?
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https://www.bloomberg.com/news/newsletters/2024-01-26/global-economy-latest-us-and-china-battle-for-top-economy
That one child limit is about to reek havoc for Chinese economy
What a bunch of crap. The headline is totally misleading. The article is full of misleading statements that the reader can pick from
>The growth rate — unadjusted for inflation
​
>Some of the outperformance was of course due to the faster pace of consumer-price increases in the US compared with China,
Finally some “truth”
>Real GDP rose 3.3% in the US last quarter, against China’s 5.2% inflation-adjusted growth. And using the lens of purchasing power parity, which tries to take account of differences in prices between countries for the same good or service, China overtook the US as the world’s biggest economy several years ago.
Yuan trading 10% lower relative to the USD than it was 2 years ago.
Is there a consensus on what is causing it’s declining value?
Market exchange rates are prone to volatility… [Capacity utilization](https://research.stlouisfed.org/publications/economic-synopses/2016/09/12/employment-and-capacity-utilization-over-the-business-cycle/) is a better metric for gauging the relative health of a given economy, imo. This also depends on whether or not one considers productive capacity to be a fair measure of economic strength as it is not subject to “noise” from inflation, monetary policy, etc.