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  • China may kill market’s bullish recovery

    From cnbc.com

    The world’s second-largest economy suspended guidance on its gross domestic product for the first time in 25 years, citing pressures from the coronavirus and trade tensions. For China’s leaders, the economic uncertainty creates political vulnerability. Given that the legitimacy of the Chinese Communist Party comes from the twin pillars of unbridled economic growth and fierce defense of China’s national interests, nationalism grows as economic clouds gather. The National People’s Congress (China’s rubber-stamp parliament) advanced new laws for Hong Kong that outlaws subversion, sedition and foreign ... (full story)

You write: "The world’s second-largest economy...."

Do you mean the United States? No? Well, then you don't need to read any further. If from the very beginning of the article LIED, then it is not worth reading any more..... FAKE NEWS!
===================================
Countries by GDP (PPP) in 2020.

World138,352,382[9]
1 People's Republic of China[n 2]27,804,953
2 United States20,289,987
— European Union[n 3]18,377,114[11]
3 India11,321,280
— ASEAN[n 4]9,326,707[13]
4 Japan5,451,452
5 Russia4,176,350
6 Germany4,160,925
7 Indonesia3,778,134
8 Brazil3,316,920
9 United Kingdom2,975,557
  •  Guest
  • | IP XX.XX.137.128
it will not do so. FED can buy them all.
  •  Guest
  • | IP XX.XX.5.3
You CANNOT TRUST cnbc.......complete disinformation portal.
Quoting denya
You write: "The world’s second-largest economy...." Do you mean the United States? No? Well, then you don't need to read any further. If from the very beginning of the article LIED, then it is not worth reading any more..... FAKE NEWS! =================================== Countries by GDP (PPP) in 2020. World 138,352,382 [9] 1 People's Republic of China[n 2] 27,804,953 2 United States 20,289,987 — European Union[n 3] 18,377,114 [11] 3 India 11,321,280 — ASEAN[n 4] 9,326,707 [13] 4 Japan 5,451,452 5 Russia 4,176,350 6 Germany 4,160,925 7...
Well 2020 numbers aren't in yet and all serious economic organizations still rank
China a distant second to the US based on real data.
Quoting kminler
{quote} Well 2020 numbers aren't in yet and all serious economic organizations still rank China a distant second to the US based on real data.
Heh ...
1.International Monetary Fund (is an international organization headquartered in Washington, D.C., consisting of 189 countries)/
2.The World Bank is an international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects.
3.The World Factbook, also known as the CIA World Factbook,[1] is a reference resource produced by the Central Intelligence Agency (CIA).

For you, these organizations are NOT significant, do I understand you correctly??? Give me your source data))))
You live in a parallel world, friend. Learn to search for reliable data sources. And watch less TV. ))

https://en.wikipedia.org/wiki/List_o...es_by_GDP_(PPP)
Well let's see you actually quote ESTIMATES of 2020, purchasing parity, not straight up GDP, not real data. See the link to the same reliable sources:

https://en.wikipedia.org/wiki/List_o...y_GDP_(nominal)
China #2
Never forget: China has ALWAYS lied about their own GDP........Its called COOKING THE BOOKS! (Just like their lies on their COVID deaths. Millions upon millions of chinese deaths hidden from the world.)
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  • Story Stats
  • Posted: May 26, 2020 2:51pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 7  /  Views: 3,710
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