Dire Chinese economic data reveals devastating coronavirus hit Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach ofFT.comT&Cs and Copyright Policy. Email [email protected] to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found here. https://www.ft.com/content/318ae26c-6733-11ea-800d-da70cff6e4d3
China’s industrial output fell to its lowest level on record in the first two months of this year and urban unemployment hit its highest rate ever in February, as the coronavirus brought the world’s second-largest economy to a standstill.Industrial output tumbled by 13.5 per cent in the first two months of this year and the urban unemployment rate surged to 6.2 per cent in February, the National Bureau of Statistics said on Monday.The latest economic data also showed that China retail sales plummeted by 20.5 per cent year on year in January and February and fixed asset investment fell by 24.5 per cent, down from 5.4 per cent growth when the data were last reported.The numbers came in far below analysts’ expectations with many China experts expressing surprise that government officials were willing to report such devastating figures.“The latest activity and spending data were much weaker than expected and point to a far deeper downturn than during the Global Financial Crisis,” Capital Economics said in a note on Monday.“We had previously assumed that the statistics bureau would be reluctant to fully acknowledge the recent weakness as doing so would make official GDP targets unreachable. But the latest data suggest otherwise and point to a deeper contraction than we had anticipated.”Growth in services production fell 13 per cent in the first two months, according to official data. Coupled with the industrial production figure, the data suggests that China’s gross domestic product growth was -13 per cent during the first two months of the year, according to Capital Economics.“The actual shock could be much bigger than those deeply negative January-February numbers suggest, because the lockdowns started only from 23 January,” said Nomura’s chief China economist Ting Lu.Officials in Beijing attempted to put a positive spin on the numbers, noting that the impact was temporary. But the data — some of the worst official figures ever reported in China — bode poorly for the country’s economic outlook in 2020.“The economic development in the first two months was affected by the outbreak of Covid-19,” said Mao Shengyong at the National Bureau of Statistics. “However, from a comprehensive perspective, the impact of the viral disease is short term, external and manageable.”The outbreak that started in the central China city of Wuhan in December has led to a widespread lockdown of cities across the country. The movement of migrant workers looking to return to factories across the country has been hindered, resulting in a serious hit to urban unemployment.The poor economic data comes as new cases of coronavirus in China have plummeted while the number of infections has soared across the rest of the world.Many analysts expect that China’s growth in the first three months of the year could fall below 3 per cent despite economic activity in many cities beginning to recover.RecommendedAnalysisThe Big ReadCoronavirus: China’s risky plan to revive the economyAfter initially suffering a supply shock, with its factories unable to operate, many economists are concerned China could now face a plunge in demand as the rest of the world cuts imports.China’s central bank has taken some monetary policy measures to help stimulate the economy but analysts said policymakers would need to do more to stimulate the economy.Other central banks, including the US Federal Reserve, have unleashed huge stimulus packages to cushion growth as the outbreak sweeps across the US and Europe.
过几个月,美国的经济数据估计也会吓人 Dire Chinese economic data reveals devastating coronavirus hit Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email [email protected] to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can befound here . https://www.ft.com/content/318ae26c-6733-11ea-800d-da70cff6e4d3 China’s industrial output fell to its lowest level on record in the first two months of this year and urban unemployment hit its highest rate ever in February, as the coronavirus brought the world’s second-largest economy to a standstill.Industrial output tumbled by 13.5 per cent in the first two months of this year and the urban unemployment rate surged to 6.2 per cent in February, the National Bureau of Statistics said on Monday.The latest economic data also showed that China retail sales plummeted by 20.5 per cent year on year in January and February and fixed asset investment fell by 24.5 per cent, down from 5.4 per cent growth when the data were last reported.The numbers came in far below analysts’ expectations with many China experts expressing surprise that government officials were willing to report such devastating figures.“The latest activity and spending data were much weaker than expected and point to a far deeper downturn than during the Global Financial Crisis,” Capital Economics said in a note on Monday.“We had previously assumed that the statistics bureau would be reluctant to fully acknowledge the recent weakness as doing so would make official GDP targets unreachable. But the latest data suggest otherwise and point to a deeper contraction than we had anticipated.”Growth in services production fell 13 per cent in the first two months, according to official data. Coupled with the industrial production figure, the data suggests that China’s gross domestic product growth was -13 per cent during the first two months of the year, according to Capital Economics.“The actual shock could be much bigger than those deeply negative January-February numbers suggest, because the lockdowns started only from 23 January,” said Nomura’s chief China economist Ting Lu.Officials in Beijing attempted to put a positive spin on the numbers, noting that the impact was temporary. But the data — some of the worst official figures ever reported in China — bode poorly for the country’s economic outlook in 2020.“The economic development in the first two months was affected by the outbreak of Covid-19,” said Mao Shengyong at the National Bureau of Statistics. “However, from a comprehensive perspective, the impact of the viral disease is short term, external and manageable.”The outbreak that started in the central China city of Wuhan in December has led to a widespread lockdown of cities across the country. The movement of migrant workers looking to return to factories across the country has been hindered, resulting in a serious hit to urban unemployment.The poor economic data comes as new cases of coronavirus in China have plummeted while the number of infections has soared across the rest of the world.Many analysts expect that China’s growth in the first three months of the year could fall below 3 per cent despite economic activity in many cities beginning to recover.RecommendedAnalysisThe Big ReadCoronavirus: China’s risky plan to revive the economyAfter initially suffering a supply shock, with its factories unable to operate, many economists are concerned China could now face a plunge in demand as the rest of the world cuts imports.China’s central bank has taken some monetary policy measures to help stimulate the economy but analysts said policymakers would need to do more to stimulate the economy.Other central banks, including the US Federal Reserve, have unleashed huge stimulus packages to cushion growth as the outbreak sweeps across the US and Europe. miraclemd 发表于 3/16/2020 00:40:00
Dire Chinese economic data reveals devastating coronavirus hit
Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach ofFT.com T&Cs and Copyright Policy. Email [email protected] to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found here.
https://www.ft.com/content/318ae26c-6733-11ea-800d-da70cff6e4d3
China’s industrial output fell to its lowest level on record in the first two months of this year and urban unemployment hit its highest rate ever in February, as the coronavirus brought the world’s second-largest economy to a standstill.Industrial output tumbled by 13.5 per cent in the first two months of this year and the urban unemployment rate surged to 6.2 per cent in February, the National Bureau of Statistics said on Monday.The latest economic data also showed that China retail sales plummeted by 20.5 per cent year on year in January and February and fixed asset investment fell by 24.5 per cent, down from 5.4 per cent growth when the data were last reported.The numbers came in far below analysts’ expectations with many China experts expressing surprise that government officials were willing to report such devastating figures.“The latest activity and spending data were much weaker than expected and point to a far deeper downturn than during the Global Financial Crisis,” Capital Economics said in a note on Monday.“We had previously assumed that the statistics bureau would be reluctant to fully acknowledge the recent weakness as doing so would make official GDP targets unreachable. But the latest data suggest otherwise and point to a deeper contraction than we had anticipated.”Growth in services production fell 13 per cent in the first two months, according to official data. Coupled with the industrial production figure, the data suggests that China’s gross domestic product growth was -13 per cent during the first two months of the year, according to Capital Economics.“The actual shock could be much bigger than those deeply negative January-February numbers suggest, because the lockdowns started only from 23 January,” said Nomura’s chief China economist Ting Lu.Officials in Beijing attempted to put a positive spin on the numbers, noting that the impact was temporary. But the data — some of the worst official figures ever reported in China — bode poorly for the country’s economic outlook in 2020.“The economic development in the first two months was affected by the outbreak of Covid-19,” said Mao Shengyong at the National Bureau of Statistics. “However, from a comprehensive perspective, the impact of the viral disease is short term, external and manageable.”The outbreak that started in the central China city of Wuhan in December has led to a widespread lockdown of cities across the country. The movement of migrant workers looking to return to factories across the country has been hindered, resulting in a serious hit to urban unemployment.The poor economic data comes as new cases of coronavirus in China have plummeted while the number of infections has soared across the rest of the world.Many analysts expect that China’s growth in the first three months of the year could fall below 3 per cent despite economic activity in many cities beginning to recover.RecommendedAnalysisThe Big ReadCoronavirus: China’s risky plan to revive the economyAfter initially suffering a supply shock, with its factories unable to operate, many economists are concerned China could now face a plunge in demand as the rest of the world cuts imports.China’s central bank has taken some monetary policy measures to help stimulate the economy but analysts said policymakers would need to do more to stimulate the economy.Other central banks, including the US Federal Reserve, have unleashed huge stimulus packages to cushion growth as the outbreak sweeps across the US and Europe.
那未来几个月这些地方在经济上也会同样上演如此的惨象
因为发不出声
配合川普吧,你看川普不是被吓得只顾给股市添柴加油,一点都不顾人民死活了嘛
中国各大新闻网站的财经版都有报导,
这数据本来就是中国官方才公布的。
中国国内的人根本一点也不奇怪,因为他们是亲历者。
亲眼见证了 整个社会冰封了1-2个月, 他们自己出不出门自己不知道吗。
Why am I not surprised?
真控制住了吗?听说武汉很多转阴又复阳了。方舱也是匆匆解散
我是说这数据是中国统计局发布的,
中国人都知道这数据不好。
https://new.qq.com/omn/20200316/20200316A0B74B00.html
中国最严的时候,小区完全不给出,快递员不准进小区, 要拿只能到大门交接。当时我记得国内快递业宣传的是:无接触快递。就是双方不碰触。所有的快递都洒消毒水,连电梯按键都喷药水。
怎么可能控制不住,
如果中国控制 不住,现在海外入境中国就不会管的如此之严了。
因为内部已经烂了,还拦着外面,毫无意义。
现在严拦海外入境人士,全部隔离14天,
就证明了内部的确已经好转。
这个意义就是预示美国经济可能的走向,与大家的股市房市工作息息相关
的确有风险。
因为 普通民众发现已经控制 住了,时间一长,人的警惕性就会下降,
到时不管是海外传入的,还是内部潜伏期的,有可能导致另一波小高潮。
具体怎么样,只能等待时间去检验了
其实只要不是集中爆发,第一时间发现就马上隔离,问题不大。
把你后半句换成刁大大更准确
同意,今年的目标就是活过2020.
方舱明确说了是休舱 任何时候有需要就会重新启动
新闻你们不看的?
这帮人么懂得呀,只会嘴炮什么,贡献什么啦?
嘴巴吃枪药了?我就好奇国内经济都这么差了那帮网民还不担心自己,整天闲出屁了骂美国,你在这里满随便骂别人家人莫非是嘴巴也染了病毒?我看你就是天天躲在键盘后攻击人来发挥可怜的优越感的可怜虫,想撕逼我可以奉陪,我还算给你积德了不像你嘴这么贱骂人父母,真不知随便骂别人父母的是什么货色
我的意思是国内人什么都不知道吗?我的意思是这个时候他们不为自己的经济担忧,反而忙着转移仇恨,攻击美国,这么到你嘴里变成另种意思不说,还要攻击我的家人?嘴贱是病,快去治吧,键盘等会儿在敲也不迟
井底之蛙别来评论了。你知道中国几个论坛啊,还发不出声。自由国有多少新闻引用国内的,你们还当秘闻在看,滑不滑稽。就像台湾节目中说中国大陆吃不起茶叶蛋。井底之蛙注定要被淘汰
全世界你最聪明好了,中国14亿人都傻的。我们都快饿死了也不造反。
打脸文来了
https://cn.nytimes.com/business/20200310/china-coronavirus-disabilities-wealth-gap/?utm_source=tw-nytimeschinese&utm_medium=social&utm_campaign=cur
一月份申请的新号就别跳得那么欢了,你们有空继续骂美国,骂华人,在公众号上制造假新闻,还是多关心一下怎么防止二次爆发吧
那现在赶着人复工算什么
赶着人去送死
武汉郊区已经在建新的方舱了
疫情控制住了,为啥不复工?
不是吧。。。海外入境都查得这么严格了,为什么还要把脏水泼在输入型上面?
你是装傻还是不看新闻?前两天波士顿那个黎大妈多着呢。千里带毒回国。中国能怎么办。遣返她回来?不得收治么,这种人头不算在国内确诊算哪儿。什么叫把脏水泼给输入。告诉你意大利伊朗类似这样逃回去的话人就更多了。
没法比。死去的人命用钱怎么个衡量法?别告诉我死的多了人均gdp可以创新高
嘴巴生疮的东西还是快点就医吧,脑子多不清楚可以把我说的话当成为tg洗?
国内论坛是删贴啊,我不一开始就说了,整天骂美国,对负面新闻提了就删,反正什么都是美国害的不然就是7999歪屁股,我又没否认。你恨tg恨得神经错乱,恨不得立刻操家伙去天安门自焚,也不能逮住人就咬,就乱喷吧?