Tag #Economic Growth

smh.com.au
🌐 85% Global Worthiness
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US National Debt: Risk Management, Not Moralizing

The US national debt has tripled to almost \$36 trillion in two decades, necessitating a shift in focus from the "good debt/bad debt" debate to effective risk management; the government's failure to fully exploit historically low interest rates is highlighted as a key risk.

Progress

44% Bias Score

Reduced Inequality
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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China's Revised GDP Highlights Strong Economic Growth and Structural Transformation

China's 2023 GDP was revised upward to $17.7 trillion, reflecting robust economic growth and structural changes. The tertiary sector's contribution increased, and manufacturing saw significant expansion. Experts predict continued growth, dismissing pessimistic Western views.

Progress

52% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Online Holiday Sales Surge 6.7%, Outpacing In-Store Growth

Online holiday sales from November 1st to December 24th increased by 6.7% compared to last year, exceeding in-store sales growth (2.9%) and the projected overall increase of 3.2%, driven by online discounts and convenient options offered by retailers.

Progress

48% Bias Score

Reduced Inequality
french.china.org.cn
🌐 85% Global Worthiness
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China's Economic Census: 52.7% Surge in Businesses, 11.9% Employment Growth

China's fifth national economic census, completed in 2023, shows a 52.7% increase in legal entities and an 11.9% rise in employment in secondary and tertiary industries since 2018, incorporating the digital economy for the first time, with a 0.47% error rate.

Progress

52% Bias Score

Decent Work and Economic Growth
it.euronews.com
🌐 85% Global Worthiness
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Booming European Veterinary Market: \$40 Billion and Growing

Driven by increased pet ownership and high spending on advanced veterinary services like pacemakers and brain surgery, the \$40 billion European veterinary market is booming, with projected 6.4% growth until 2027, presenting significant investment opportunities despite a global shortage of veterinar...

Progress

40% Bias Score

Good Health and Well-being
french.china.org.cn
🌐 75% Global Worthiness
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China's Digital Economy: 2023 Census Reveals $6.74 Trillion Revenue and 36 Million Jobs

China's fifth national economic census reveals 2.92 million businesses in key digital economy industries employed 36.16 million people in 2023, generating 48.45 trillion yuan (about $6.74 trillion) in revenue, with the application of digital technologies being the largest employer.

Progress

44% Bias Score

Decent Work and Economic Growth
china.org.cn
🌐 85% Global Worthiness
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Changbai Mountain's Tourism Boom: 260% Visitor Increase Fuels 9.4% GDP Growth

Changbai Mountain in Jilin province achieved a 9.4 percent GDP increase in 2023, driven by a 260.45 percent surge in tourism to over 2.7 million visitors, exceeding 3 million in the first three quarters of 2024, resulting from strategic branding as a summer and winter destination and international r...

Progress

40% Bias Score

Sustainable Cities and Communities
kathimerini.gr
🌐 75% Global Worthiness
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EU Unfazed by Trump's LNG Import Warning

Trump warned the EU to significantly increase US LNG imports or face tariffs; however, the EU is expected to comply, as this aligns with its energy diversification strategy away from Russia, with the European Commission President stating that this would be more cost-effective.

Progress

44% Bias Score

Affordable and Clean Energy
euronews.com
🌐 65% Global Worthiness
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Slowdown in Spanish Retail Sales Growth in November Despite Strong Third Quarter

Spanish year-on-year retail sales increased by only 1% in November, down from October's 3.4% and below analyst predictions, primarily due to decreased food and non-food spending; however, the third quarter showed a 4.5% rise in consumer goods spending.

Progress

20% Bias Score

Reduced Inequality
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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Padma Bridge Rail Link Opens, Boosting Bangladesh's Economy

Bangladesh inaugurated the 170-kilometer Padma Bridge Rail Link, a Belt and Road Initiative project built by China Railway Group and funded by the Export-Import Bank of China, on Tuesday, reducing Dhaka-Jashore travel time from 10 to 3 hours and benefiting 80 million people.

Progress

60% Bias Score

Reduced Inequality
abcnews.go.com
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U.S. Holiday Spending Surges Despite High Interest Rates

Mastercard SpendingPulse data reveals a 3.8% increase in U.S. retail sales from November 1st to December 24th, 2024, compared to the same period in 2023, exceeding expectations and driven by online shopping and a search for value.

Progress

40% Bias Score

Decent Work and Economic Growth
euronews.com
🌐 85% Global Worthiness
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Booming European Veterinary Market Driven by Increased Pet Ownership and Premium Care

Driven by a surge in pet ownership during the COVID-19 pandemic and a willingness to invest in premium pet care, the European veterinary market, valued at $40 billion, is expected to grow by 6.4% until 2027, with advanced services such as pacemakers and brain surgeries driving further expansion.

Progress

44% Bias Score

Good Health and Well-being