Optimism in China's Growth

The chapter discusses the optimism in China's growth despite recent data showing zero sequential growth in the last two quarters. They highlight that China's growth rate of 4.3% is still higher than most countries. They also point out the disconnect between the housing sector's performance and the strong performance of the service sectors, as evidenced by data on service retail sales, high frequency data like traffic jams and box office revenue, and the doubling of EV exports.