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 'Garbage Time': China’s Slump Spins Out New Meme Of Economic Despair
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#82a19eb3 ver:0.81

China's GDP growth forecast has been downgraded, putting pressure on President Xi Jinping to offer more support. The country's economy is facing challenges in both manufacturing and consumer sectors, prompting the government to implement measures such as fiscal policies and monetary easing. The ongoing discussions at the plenum are crucial for long-term reforms. The emergence of the meme 'garbage time of history' reflects pessimism about the economy. Despite conflicting signals, Xi's focus on technology-driven growth is paying off. China aims to become a 'medium-developed country' by 2035, requiring innovation and maintaining growth rates. #ChinaEconomy #GDP #Plenum #Technology #Innovation...

#newstr #China #Economy #GarbageTime #Pessimism #OnlineMeme 

 https://here.news/story/82a19eb3?ver=0.81