Tag #Economic Growth

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english.elpais.com

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Jul 18, 19:15

Plan Mexico Faces Headwinds Amidst US Tariff Threats and Economic Slowdown

Mexican President Claudia Sheinbaum's "Plan Mexico" aims for $277 billion in investment and 1.5 million annual jobs by 2030, focusing on domestic production and reducing reliance on Asian imports; however, progress is challenged by US tariff threats and Mexico's economic slowdown.

Plan Mexico Faces Headwinds Amidst US Tariff Threats and Economic Slowdown

Mexican President Claudia Sheinbaum's "Plan Mexico" aims for $277 billion in investment and 1.5 million annual jobs by 2030, focusing on domestic production and reducing reliance on Asian imports; however, progress is challenged by US tariff threats and Mexico's economic slowdown.

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How does the threat of increased US tariffs affect the implementation and goals of "Plan Mexico", and what adjustments are being considered?

Plan Mexico aims to boost domestic production, reduce reliance on Asian imports, and increase North American industrial integration. However, progress is hampered by external tariff threats and internal economic deceleration, leading to a reassessment of the strategy's feasibility and potential need for adjustments.

usa.chinadaily.com.cn

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Jul 18, 04:12

Global Banks Raise China's 2025 GDP Growth Forecasts

Global financial institutions raised their 2025 GDP growth forecasts for China to near the 5 percent target following stronger-than-expected first-half performance (5.3 percent year-on-year growth), driven by export resilience and government support, but economists warn of challenges like weak domes...

Global Banks Raise China's 2025 GDP Growth Forecasts

Global financial institutions raised their 2025 GDP growth forecasts for China to near the 5 percent target following stronger-than-expected first-half performance (5.3 percent year-on-year growth), driven by export resilience and government support, but economists warn of challenges like weak domes...

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What are the key challenges facing the Chinese economy that could hinder the achievement of the 5 percent GDP growth target?

China's robust first-half 2025 GDP growth of 5.3 percent year-on-year, exceeding market expectations, fueled the increased optimism. This growth, driven by resilient exports and government support measures, prompted institutions to adjust their forecasts upward. However, economists caution about persistent headwinds such as weak domestic demand and a sluggish property sector.

dw.com

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Jul 18, 13:13

Germany Rejects EU's €2 Trillion Budget Proposal

Germany's government rejects the European Commission's proposed €2 trillion budget for 2028–2034, criticizing the planned corporate tax and overall spending increase; this rejection highlights growing tensions between EU-wide fiscal goals and member states' budgetary constraints.

Germany Rejects EU's €2 Trillion Budget Proposal

Germany's government rejects the European Commission's proposed €2 trillion budget for 2028–2034, criticizing the planned corporate tax and overall spending increase; this rejection highlights growing tensions between EU-wide fiscal goals and member states' budgetary constraints.

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How does Germany's economic weight influence its stance on the proposed EU budget, and what are the potential consequences for inter-state relations?

This rejection stems from Germany's significant financial contribution to the EU and concerns that the proposed corporate tax will hinder economic recovery and investment. The German government's position highlights a broader tension between the EU's ambitious spending plans and the fiscal constraints faced by member states.

dailymail.co.uk

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Jul 17, 10:14

UK Unemployment Reaches Four-Year High Amidst Economic Slowdown

Britain's unemployment rate hit a four-year high of 4.7 percent in May, with job vacancies falling to 727,000, following increased employer costs in April, amidst a slowing economy and global uncertainty.

UK Unemployment Reaches Four-Year High Amidst Economic Slowdown

Britain's unemployment rate hit a four-year high of 4.7 percent in May, with job vacancies falling to 727,000, following increased employer costs in April, amidst a slowing economy and global uncertainty.

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How do increased employer national insurance and minimum wage contribute to the weakening labor market?

The rise in unemployment, exceeding economists' predictions, is linked to a slowing economy with two consecutive months of GDP decline, and increased inflation. The decline in job vacancies further indicates reduced hiring activity by businesses facing increased costs, contributing to a fragile labor market. This situation is worsened by global economic uncertainty, including potential US tariffs and the war in Ukraine.

europe.chinadaily.com.cn

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Jul 17, 10:14

China's Services Trade Booms, Reaching $453 Billion in 2025

China's services trade grew 7.7 percent to $453 billion in the first five months of 2025, driven by tourism, digital services, and finance, reflecting a shift toward innovation and international cooperation, with companies like Club Med and Schneider Electric capitalizing on these trends.

China's Services Trade Booms, Reaching $453 Billion in 2025

China's services trade grew 7.7 percent to $453 billion in the first five months of 2025, driven by tourism, digital services, and finance, reflecting a shift toward innovation and international cooperation, with companies like Club Med and Schneider Electric capitalizing on these trends.

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What is the immediate economic impact of China's expanding services trade, and how does this affect global economic trends?

China's services trade surged 7.7 percent year-on-year to $453 billion in the first five months of 2025, driven by growth in digital services, finance, and tourism. This expansion reflects a broader shift toward innovation-driven growth and increased international cooperation.

africa.chinadaily.com.cn

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Jul 17, 07:11

China's Economic Growth Attracts Foreign Investment, Strengthens Global Role

China's 5 percent GDP growth in 2024, driven by technological innovation and opening-up policies, is attracting significant foreign investment and strengthening its position as a stabilizing force in the global economy.

China's Economic Growth Attracts Foreign Investment, Strengthens Global Role

China's 5 percent GDP growth in 2024, driven by technological innovation and opening-up policies, is attracting significant foreign investment and strengthening its position as a stabilizing force in the global economy.

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What are the long-term implications of China's economic model and its role in global stability?

China's continued focus on modernization, technological advancement, and opening-up policies positions it to play an increasingly significant stabilizing role in the global economy. The positive feedback loop between foreign investment and domestic growth suggests this trend will continue.

dw.com

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Jul 18, 13:13

Romania's Economic Paradox: Success Despite Corruption

The Frankfurter Allgemeine Zeitung (FAZ) highlights Romania's paradoxical economic success despite widespread corruption and inefficient governance, noting that its GDP has doubled that of Greece in two decades, while also citing massive public funds misuse and a significant brain drain. President N...

Romania's Economic Paradox: Success Despite Corruption

The Frankfurter Allgemeine Zeitung (FAZ) highlights Romania's paradoxical economic success despite widespread corruption and inefficient governance, noting that its GDP has doubled that of Greece in two decades, while also citing massive public funds misuse and a significant brain drain. President N...

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How does the FAZ article connect Romania's economic success with the misuse of EU funds and the legacy of corruption?

The FAZ article contrasts Romania's robust economic growth with its persistent issues of corruption and poor infrastructure. While the country's GDP has significantly outperformed Greece's, the misuse of EU funds is evident in dilapidated infrastructure like Henri Coandă Airport and a lack of highways, alongside stark inequalities between lavish private villas and neglected provincial train stations.

europe.chinadaily.com.cn

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Jul 18, 07:14

Record Passenger Trips on China's Railways in First Half of 2024

China's railway system achieved a record 2.24 billion passenger trips in the first half of 2024, a 6.7% increase year-on-year, driven by expanded infrastructure, improved services, and increased cross-border travel, boosting national mobility and economic growth.

Record Passenger Trips on China's Railways in First Half of 2024

China's railway system achieved a record 2.24 billion passenger trips in the first half of 2024, a 6.7% increase year-on-year, driven by expanded infrastructure, improved services, and increased cross-border travel, boosting national mobility and economic growth.

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Sustainable Cities and Communities

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How did the expansion of China's railway network and service diversification contribute to the increase in passenger trips?

The increase in passenger trips reflects improvements across China's railway network, including expanded high-speed and conventional lines, new routes (like the Chongqing-Xiamen high-speed railway), and the launch of 121 new Fuxing bullet trains. This expansion is further evidenced by a 7.5% rise in daily passenger train operations, averaging 11,183 trains per day. The success is also driven by targeted initiatives like the expansion of cross-border rail links and tourism-focused train services.

kathimerini.gr

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Jul 18, 19:16

Upscale Greek Tourism: Booming Investments, but Challenges Remain

From 2004-2024, Greek tourism saw a 23% rise in hotel units, a 24.7% increase in short-term rentals (surpassing 1 million in 2024), and a €12 billion investment in new and upgraded hotels, creating economic benefits but also challenges regarding sustainability and impact on smaller hotels.

Upscale Greek Tourism: Booming Investments, but Challenges Remain

From 2004-2024, Greek tourism saw a 23% rise in hotel units, a 24.7% increase in short-term rentals (surpassing 1 million in 2024), and a €12 billion investment in new and upgraded hotels, creating economic benefits but also challenges regarding sustainability and impact on smaller hotels.

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How has the changing landscape of Greek hotel accommodations affected smaller businesses and local communities?

This transformation reflects increased investment, with over 450 new four- and five-star hotels opening in the last five years, alongside 244 three-star hotels. This €12 billion investment (approximately €2.5 billion annually) upgraded infrastructure and boosted the number of four- and five-star hotel beds by 4.4 and 1.6 times, respectively, between 2004 and 2024.

china.org.cn

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Jul 17, 16:16

China's Patent Industrialization Rate Surges to 53.3 Percent in 2024

China's industrialization rate of enterprise invention patents rose from 44.9 percent in 2020 to 53.3 percent in 2024, with valid domestic invention patents reaching 5.01 million by June 2025, driven by increased enterprise R&D investment and showcasing significant growth in information technology, ...

China's Patent Industrialization Rate Surges to 53.3 Percent in 2024

China's industrialization rate of enterprise invention patents rose from 44.9 percent in 2020 to 53.3 percent in 2024, with valid domestic invention patents reaching 5.01 million by June 2025, driven by increased enterprise R&D investment and showcasing significant growth in information technology, ...

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Industry, Innovation, and Infrastructure

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How does the increased R&D investment by Chinese enterprises contribute to the nation's technological advancement and patent growth?

The growth in patented inventions is directly linked to increased R&D investment by Chinese enterprises, which accounts for three-quarters of total social R&D investment. This enterprise-driven innovation is evidenced by the 3.7 million invention patents held by domestic enterprises—74.4 percent of the national total—demonstrating their dominant role in technological advancement.

elpais.com

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Jul 17, 16:16

Declining Birth Rates: A Global Crisis and the Need for New Economic Models

A global decline in birth rates, impacting economic growth models, is attributed to a pairing crisis linked to technology's influence on social interaction, prompting calls for innovative economic strategies.

Declining Birth Rates: A Global Crisis and the Need for New Economic Models

A global decline in birth rates, impacting economic growth models, is attributed to a pairing crisis linked to technology's influence on social interaction, prompting calls for innovative economic strategies.

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What are the primary global implications of declining birth rates across diverse societies?

Globally, birth rates are declining, impacting economic growth models reliant on population expansion. This decline is occurring across diverse societies, regardless of political systems or social structures.

german.china.org.cn

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Jul 17, 16:16

China's Strong H1 2025 GDP Growth Spurs Upward Forecast Revisions

Multiple major financial institutions raised their 2025 GDP growth projections for China to 4.7-4.8% following the release of first-half 2025 economic data showing a 5.3% year-on-year growth, driven by strong exports and domestic consumption.

China's Strong H1 2025 GDP Growth Spurs Upward Forecast Revisions

Multiple major financial institutions raised their 2025 GDP growth projections for China to 4.7-4.8% following the release of first-half 2025 economic data showing a 5.3% year-on-year growth, driven by strong exports and domestic consumption.

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What is the immediate impact of China's strong first-half 2025 economic performance on global economic forecasts?

China's robust economic performance in the first half of 2025, with a 5.3% GDP growth, prompted several major financial institutions, including UBS, Morgan Stanley, Goldman Sachs, and Nomura, to upwardly revise their GDP growth forecasts for the year. This reflects increased confidence in China's economic trajectory despite global uncertainties. The Q2 growth of 5.2% further solidified this positive outlook.

Showing 205 to 216 of 1,502 results