Goldman Sachs has lower China’s financial progress forecast for 2021 to 7.8%, from 8.2%, as power shortages and deep industrial output cuts add “important draw back pressures”, it mentioned in a notice on Tuesday. Watch this report for extra particulars.
#China #Electrical energy #GDP
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The panda is going to need the koala to stay warm this winter.
Now Global times as usual will misguide people in fact hide all this stuff going on
EverGeande don't make up China.. you fools. Wion news are to make Indian happy
Don't purchase Made in china condoms they always break 🤔 even the large large
Indian economy doesn't need to collapse.. It's already in the pits. Lol
Wow a cut to 7.8% while the west is growth is lower with central bank in the US printing money while investing inflation explodes. Happy with 7.8% growth to sever power of globalist to destroy countries.
let me help you guys to understand it, for this year, the growth rate need to consider last years,
For China (even with 7.8%, just assume it is true,) last year was 2.3% so 2 year average is (2.3+7.8)/2=5.05(%)
India, last year -7.7% this year IMF prediction 9.5%, so 2 year average for India, (-7.7+9.5)/2=0.9 (%)
Happy now??
Thank god Joe is going to giveaway $4 trillion to his friends – that should help the CCP recover..
Meanwhile, India's economy fell by -11.5%
Should follow India. No lights fir the poor at all
Everything should be diversified, especially economy need, world made china too much powerful with arrogance , because they put entire products chain in china alone. And didn't search for any alternate.
GDP is bullshit. Xi is doing the right thing. Goldman Sachs are scum.
Indian here are simply brain washed by Wion
Chinese are crying bcz companies are running out to their country to india and Vietnam.🤓🤓🤓💥
Xi ass is red bcz of modi kicked his ass alot by giving him such shocks.
Chinese are crying bcz companies are running out to their country to india and Vietnam.
Chinese are crying bcz companies are running out to their country to india and Vietnam.
I have a nice video game dedicated to our "best friend", the Chinese Communeeest Party! It's called KICK THE…
That is one of many negatives affecting China economy
What about poverty rise in india and unemployment suicides 🤣🤣🤣🤣
Ban xina
Xhi: Nobody should be powerful than me. Not even the power grid.
China is no good in everyway! but China GDP is 6 time bigger than India! COVID 19kill 4 thousand people in China, but kill 400 thousand people in India! What a great India! Number ONE India in every aspect!
India News,no wonder.
May this energy crisis be the downfall of CCP beho.
China is powerless today after spreading virus and debt.
There Is No Shortage of Energy; There Is Shortage of Normalcy
Despite increased production of energy from renewable sources, and despite the slowdown in car manufacturing, oil prices are skyrocketing. Even though fewer power plants still burn coal, coal prices are skyrocketing, as well. Natural gas prices, too, are going through the roof, and energy demand seems to outpace supply in every country and in every form of energy. Have Earth’s energy sources dwindled so drastically in a matter of months? The answer is a resounding “No!” There is no shortage of energy; there is a serious shortage of normalcy in human relations. I hope the current crisis will put some sense into humanity’s insane consumption.
The energy crunch indicates that we are over consuming. We are producing too much, throwing the excess production to the trash, polluting the ground, the air, and the water, and then we are complaining that we do not have enough. It is about as sane as killing one’s parents and then pleading for the court’s mercy because I’ve recently been orphaned.
It is time we reconsider everything we produce—how we divide production, profits, and goods, which services are necessary and which are redundant, and most importantly, how we treat one another. The goal of this process should be clear to everyone: survival.
There is no ulterior motive, no attempt to dominate or deprive anyone of power or wealth. It is simply that reality is forcing us to take all of humanity and the entire planet into consideration. If we don’t, our entire civilization will collapse like a deck of cards.
Since we still do not understand it and insist on running things the way we have always been running them—through power games—I anticipate a very cold and gloomy winter for the northern hemisphere. The energy crunch will leave many in dark and cold houses; there will be no gas for cars, and renewable energy will not replace traditional sources since there will be little sun during the winter. I hope that at least, it will make us rethink our values. If it doesn’t, next summer will be even worse than the awful summer that just ended.
I know that many people are counting on the promise of renewable energy to solve the energy problems of humanity. I think they are mistaken. There is plenty of energy, far more than we really need. We could cut emissions by at least half tomorrow. But the more we have, the hungrier we become, so our thirst for energy will never be satiated, and we will never stop exploiting the planet or each other until we reeducate ourselves and start being humane toward each other.
We have been behaving like spoiled brats whose parents buy them whatever they want. Now, our parents have run out of money and our childhood is over. It is time for us to mature and conduct ourselves like responsible adults, caring for all of humanity the way a mother cares for her entire family. If we think like a family, we will achieve normalcy.
I have never seen this media report positive news about China.