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Comments by "Happy Melon" (@happymelon7129) on "Fears for China's economic growth after exports plunge in May | DW Business" video.
China, Vietnam export decrease , also due to : 8-6-2023 EU GDP falls 0.1% in the first quarter of 2023, falling into technical recession Eurostat released revised data on June 8 showing that the euro area will record a recession in the first quarter of 2023, with the gross regional product (GDP) falling by 0.1%. Germany and Ireland also downgraded their growth figures for the same period to recession, with the latter contracting by almost 5%. The GDP of the EU also recorded a contraction of 0.1% in the last quarter of 2022. Two consecutive quarters of negative growth will drag the wider region into a technical recession. Andrew Kenningham, chief European economist at Capital Economics, said the news of a contraction in GDP in the first quarter meant the euro zone had slipped into a technical recession and doubts that the economy will contract further in the rest of 2023 .
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@user-gf5dr5nq6l 100% correct China exports plunge == U$A UK EU economy plunge All export are is bad According to data released on May 29, Vietnam's exports fell by 5.9% in May, while imports shrank by 18.4%. In the first five months of this year, Vietnam’s exports have fallen by 11.6% Vietnam is targeting economic growth of 6.5 percent this year, down from 8.0 percent in 2022. Vietnam's GDP growth slowed to 3.3 percent in the first quarter of this year from 5.9 percent in the fourth quarter of last year. Oxford said on Monday that it will lower Vietnam's economic growth this year from 4.2% to 3.0%.
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China exports plunge == U$A UK EU economy plunge All export are is bad According to data released on May 29, Vietnam's exports fell by 5.9% in May, while imports shrank by 18.4%. In the first five months of this year, Vietnam’s exports have fallen by 11.6% Vietnam is targeting economic growth of 6.5 percent this year, down from 8.0 percent in 2022. Vietnam's GDP growth slowed to 3.3 percent in the first quarter of this year from 5.9 percent in the fourth quarter of last year. Oxford Economics (Oxford Economics) said on Monday that it will lower Vietnam's economic growth this year from 4.2% to 3.0%.
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China exports plunge == U$A UK EU economy plunge All export are is bad According to data released on May 29, Vietnam's exports fell by 5.9% in May, while imports shrank by 18.4%. In the first five months of this year, Vietnam’s exports have fallen by 11.6% Vietnam is targeting economic growth of 6.5 percent this year, down from 8.0 percent in 2022. Vietnam's GDP growth slowed to 3.3 percent in the first quarter of this year from 5.9 percent in the fourth quarter of last year. Oxford Economics (Oxford Economics) said on Monday that it will lower Vietnam's economic growth this year from 4.2% to 3.0%.
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