According to data released by the U.S. Department of Commerce on April 25, the U.S. GDP growth rate grew an annual rate of 1.6 percent in the first quarter of 2024, much lower than expected, while China's GDP grew 5.3% year-on-year in the same period. The U.S. economy slowed down, but some U.S. politicians and media still do not forget to push a negative rhetoric about China and hype up the "Peak China" theory.
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