General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
Peter Jacobsen
South China Morning Post
comments
Comments by "Peter Jacobsen" (@pjacobsen1000) on "China records slowest economic growth in over a year" video.
At the beginning of the year, the Chinese government planned to pump 5 trillion yuan into the economy during the year. 5T is 4% of the economy. So if the economy this year grows by 4.9%, that means only 0.9% is organic growth, the rest is government investment. With this new 3T stimulus into the property sector, it may be as high as 6T total, which means all the economic growth this year comes from government investment.
1