Years Reading: Chinese Economy

years reading: However, some people have always been skeptical about the positive performance of the Chinese economy, according to Global Times China. For instance, a so-called internal investigation surfaced at the end of last year saying that after deducting the price factor, China's actual economic growth rate was negative in 2018. Overall, economic development generally maintained steady progress. So, what is the true picture of the Chinese economy during the period in question Some gauges of the real economy could be used to measure whether the strong economic start this year has the support of the real economy. It was the first time in two years the reading rose above 50, the mark that separates industrial expansion from contraction. First of all, China's purchasing managers' index PMI - a gauge of the manufacturing sector - came in at 50.5 in March, up from 49.2 in February. (news.financializer.com). As reported in the news.