Indeed, it's once again the UK's BBC! Following our release of economic data for the first half of the year, on July 15, the UK's BBC published an article claiming that China's economic growth had "slumped sharply" and failed to meet expectations. The British media stated that from early April to the end of June, due to weak domestic demand and the impact of the Iran war on oil prices obscuring China's strong exports, China's economic growth had "significantly slowed down." China, the world's second-largest economy, grew by 4.3% in the second quarter, falling short of Beijing's annual target, while the first quarter saw a growth rate of 5%.
Evidently, if one only focuses on the headlines from British media, the claim that China's economic growth "plummeted dramatically" might suggest negative growth in China’s economy. But what’s the reality? We still achieved a 4.3% growth rate. Objectively speaking, this economic figure isn't particularly impressive compared to previous growth rates, but given the current international situation, achieving such results is indeed no easy feat. Of course, we face various internal and external challenges.
However, the pessimistic tone displayed by British media is unmistakable. Rationally speaking, if they want to assess China’s economy, they should also take a look at how the UK economy is performing. What’s the situation in the UK? The UK’s first-quarter growth was only 0.9%, and second-quarter growth just 0.3%. With such economic conditions in the UK, how can British media possibly have the confidence to undermine us? Clearly, their commentary is heavily biased. Of course, we continue to face numerous challenges, but we undoubtedly have the confidence to overcome them.
Original source: toutiao.com/article/1870755339492362/
Disclaimer: The views expressed in this article are solely those of the author.