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HomerOJSimpson
Asianometry
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Comments by "HomerOJSimpson" (@Homer-OJ-Simpson) on "China's 7nm Semiconductor Breakthrough" video.
“China haters”. Well, it’s the government that people hate. But I assume you support the autocratic government?
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@catonpillow Lterally a poll among many of these rather than cherry picked and the polls showed a forecast revised down by 0.5%. From Reuters: >China 2023 GDP growth forecast cut to 5.0%, 4.5% in 2024, Reuters poll shows > China's economy will grow less than previously thought this year and next as a struggling property market dogs what was once the world's growth engine, according to a Reuters poll of economists who said the risks were skewed to further downgrades.
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@catonpillow I understand you have a job to do there in Beijing but the game is obvious. But among 76 economic analyst polled earlier this September, they predicted a 0.5% drop on their earlier estimates. > China's economy will grow less than previously thought this year and next as a struggling property market dogs what was once the world's growth engine, according to a Reuters poll of economists who said the risks were skewed to further downgrades. >Growth was forecast to slow to 4.5% next year and 4.3% in 2025.
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Chinas economy is struggling. When behave badly, people will start looking at ways to reduce business with you. But I’m guessing you are the type to support autocratic governments that oppress its people and side with Russia in attack on Ukraine.
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Yeah why are so many people here cheering this on like it was anywhere near the best in the industry? There’s a reason it was released quietly.
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Chinas economy is struggling. When behave badly, people will start looking at ways to reduce business with you. But you likely support autocratic governments that are they types to side with Russia
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@catonpillow "Barclays cut its forecast for China's 2023 gross domestic product (GDP) growth to 4.5% from 4.9% because of a faster-than-expected deterioration in the housing market, analysts at the bank said in a note on Tuesday (last week)." This is already down from the 5.5% they had forecast at the start of the year.
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@catonpillow Also consider that these forecast of 5% are not only down from estimates earlier in the year but down from government targets. In addition, it's coming with massive government spending so it's not even a true 5% GDP growth.
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Chinas economy is struggling. When behave badly, people will start looking at ways to reduce business with you. But I’m guessing you are the type to support autocratic governments that oppress its people and side with Russia in attack on Ukraine….
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