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Xi Jinping's Deceptive Speech Sparks Public Outrage
On December 31st, 2024, Chinese President Xi Jinping delivered what many are calling the "most embarrassing New Year's countdown in history." In his address, he claimed that China's economy had shown signs of recovery, with a projected annual GDP exceeding 130 trillion Yuan (approximately $17.8 trillion USD) for 2024. He highlighted various government initiatives aimed at improving the lives of citizens, such as raising pensions, lowering mortgage rates, and promoting consumption.