DECRYPTION – Although GDP rose by 3.9% this summer with the easing of health measures, this is still insufficient.
Correspondent in Asia
China finally unveiled third-quarter growth figures on Monday after a congress offering a third term to President Xi Jinping. The world’s second-largest economy recorded a 3.9% recovery in its GDP between July and September, defying forecasts, after a 0.4% air pocket in the second quarter marked by the confinement of Shanghai and major cities facing at Covid.
“The national economy has rebounded and shown dynamism”in a context “complex and difficult domestically and internationally”under the « leadership fort du camarade Xi Jinping »welcomed the National Bureau of Statistics (BNS).
Beijing had abruptly canceled without explanation the publication of these highly anticipated figures, six days rather, on the edge of the biggest five-year political meeting of the communist regime, which ended on Sunday with a strengthening of the power of its leader. As if nothing should interfere…