To be fair, it’s not hard to beat expectations when the expectation of the western press is “imminent collapse!!!”
Lol reuters got the story so wrong. They were so confident that the growth figures would be below expectations. I can’t stand there reporting on China’s economy. It’s so bad.
Reuters is just extremely negative about China in general like most other western outlets.
Like this one, which brings up Covid to negatively portray China building a fucking railway, when China was one of the countries that quarantined the best during the pandemic.
Basically this meme
You’re telling me that investing in the real economy instead of an overinflated real estate sector (that shouldn’t be for speculation in the first place anyway) actually works? Who could’ve seen this coming :0