this post was submitted on 27 Apr 2025
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Article doesn't go into it, but thats amid the trade war.

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[–] yogthos@lemmygrad.ml 0 points 8 months ago (1 children)

Given that there's a trade war going on that aims to choke off China's exports, that's certainly a surge.

[–] 01011@monero.town 0 points 8 months ago* (last edited 8 months ago) (1 children)

surge n 1: a sudden forceful flow [syn: {rush}, {spate}, {surge}, {upsurge}] 2: a sudden or abrupt strong increase; "stimulated a surge of speculation"; "an upsurge of emotion"; "an upsurge in violent crime" [syn: {surge}, {upsurge}]

[–] 666@lemmygrad.ml 0 points 8 months ago* (last edited 8 months ago) (1 children)

a sudden or abrupt strong increase

If we're doing this, a small surge during an economic trade war targeted mostly towards the country is quite strong. It is abrupt. Fits the definition well. I love lawyering.

[–] 01011@monero.town 0 points 8 months ago (1 children)

Strong increase? 0.8% is "strong"?

[–] cayde6ml@lemmygrad.ml 0 points 8 months ago (1 children)

In economics terms, 1 percent growth is considered very good. Yes, 0.8 isn't 1 percent, but it's pretty close.

[–] 01011@monero.town 0 points 8 months ago (1 children)

orly?

Strong economic growth is typically defined as a GDP growth rate of 3% or higher. 2% can also be considered healthy, depending on the economic context.

[–] 666@lemmygrad.ml 0 points 8 months ago* (last edited 8 months ago) (1 children)

"gdp is everything lol" We aren't neoliberals.

"orly?" Do you usually talk like an insufferable Redditor?

We measure the improvement of material conditions of the working class. China serviced that far better than the west and their economic growth to maintain that ideal against a unprecedented trade war is indeed strong.

We still doing this? Let's compare American manufacturing industry too while we stroke off about GDP...lmfao

[–] 01011@monero.town -1 points 8 months ago* (last edited 8 months ago)

Kindly follow the entire conversation if you want to argue. My comment was written to a false claim about economic growth analysis.

The working class in China is not seeing any improvement in their living standards right now, if that's your argument.

0.8% is not a "surge". If the average Chinese worker received a pay increase (and the haven't this year) of 0.8% nobody would claim that was a surge in their earnings.