How China does the numbers

Marketplace

News, Business

4.6 • 8.6K Ratings

🗓️ 17 July 2023

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

The world’s second-largest economy missed expectations this quarter. China’s gross domestic product grew 6.3% from the same quarter last year, and an anemic 0.8% since Q1. But what’s the right way to measure China’s economy? Today our Shanghai correspondent looks into it. But first, we’ll look at uneven inflation around the world and how Federal Reserve officials craft their public statements between market-moving meetings. Later, a check-in on the electric vehicle market as Ford slashes $10,000 off the price of an F-150 Lightning.

Transcript

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0:23.0	On the program today, the tale of the tape
0:26.9	on the global economy.
0:29.2	From American public media, this is Marketplace.
0:42.8	In Los Angeles, I'm Kai.
0:44.2	Rizdole is Monday today, the 17th of July.
0:46.8	It is always to have you along, everybody.
0:49.2	I will begin today by reciting a string of numbers,
0:53.4	something they tell you never to do in radio
0:56.0	and broadcasting school.
0:57.4	But I got a point I need to get across to you.
1:00.4	So here we go.
1:01.8	Three, eight point seven, six point four, and four point eight.
1:09.7	Those are in order the most recent year
	...

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