Tag #Economy

europe.chinadaily.com.cn
🌐 85% Global Worthiness
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RCEP: Lowering Trade Costs Amidst Geopolitical Uncertainty

The Regional Comprehensive Economic Partnership (RCEP), effective January 1, 2022, is the world's largest free trade agreement, comprising 15 Asia-Pacific nations, significantly lowering trade costs by eliminating tariffs on over 90% of goods and reducing non-tariff barriers, despite criticisms of i...

Progress

36% Bias Score

Decent Work and Economic Growth
apnews.com
🌐 85% Global Worthiness
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Netflix Q4 2024 Results: Record Subscriber Growth Fueled by Live Programming

Netflix added nearly 19 million subscribers in Q4 2024, exceeding expectations due to live programming such as a Jake Paul boxing match and NFL games; revenue reached \$10.2 billion, up 16% year-over-year, and the company announced price increases in several markets.

Progress

44% Bias Score

Reduced Inequality
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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US Tariffs on China Risk Inflation, Slowing Growth

The US plans to impose massive tariffs on China, potentially increasing inflation and slowing US economic growth; economists predict higher consumer prices and disrupted US supply chains; China plans to counteract with domestic market revitalization and a 5% GDP growth target for 2025.

Progress

40% Bias Score

Reduced Inequality
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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China Unveils Targeted Measures to Boost NEV Sector Growth

China's Ministry of Industry and Information Technology announced targeted measures to boost its new energy vehicle (NEV) sector, focusing on technological advancements in new system batteries and infrastructure development, as part of broader efforts to stabilize key industries and drive economic g...

Progress

40% Bias Score

Industry, Innovation, and Infrastructure
africa.chinadaily.com.cn
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China Unveils Plan to Boost New Energy Vehicle Sector

China's Ministry of Industry and Information Technology announced plans to bolster its new energy vehicle sector through technological advancements in new system batteries, infrastructure development, and broader economic support, solidifying its global leadership in electric mobility.

Progress

36% Bias Score

Industry, Innovation, and Infrastructure
forbes.com
🌐 85% Global Worthiness
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Lenovo Acquires Infinidat to Expand into High-End Enterprise Storage

Lenovo is acquiring Infinidat, a high-end enterprise storage provider specializing in cyber-resilient, AI-driven solutions, to expand its market reach and compete more effectively against established players like Dell, IBM, and NetApp; the acquisition is expected to close in the second half of 2025.

Progress

40% Bias Score

Industry, Innovation, and Infrastructure
npr.org
🌐 85% Global Worthiness
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Trump Threatens 25% Tariffs on Canada and Mexico

President Trump is considering imposing 25% tariffs on imports from Canada and Mexico by February 1st to curb illegal immigration and drug trafficking, potentially igniting a trade war with major economic consequences for the United States and its neighbors.

Progress

44% Bias Score

Reduced Inequality
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's Steel Industry: Navigating Decline Amidst Continued Global Dominance

China is expected to remain the world's largest steel producer and consumer in 2025, driven by increased demand from new energy vehicles, household appliances, and shipbuilding, despite a projected overall decrease in demand; however, the decline is expected to slow. The country is facing challenges...

Progress

32% Bias Score

Industry, Innovation, and Infrastructure
forbes.com
🌐 85% Global Worthiness
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Trump Memo Orders Review of Unfair Foreign Trade Practices

President Trump's January 20 Memorandum on America First Trade Policy directs executive agencies to report by April 1 on actions to counter unfair foreign trade practices, focusing on using Anticompetitive Market Distortions analysis for effective remedies and potentially forming international coali...

Progress

44% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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Expert Advocates for Continued Cross-Border Educational Collaboration Amidst Decoupling

John Quelch, executive vice-chancellor of Duke Kunshan University, stressed the importance of maintaining cross-border educational collaboration at the World Economic Forum in Davos, emphasizing the benefits for global prosperity despite efforts to decouple manufacturing supply chains; he cited his ...

Progress

36% Bias Score

Quality Education
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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US Tariffs on China Risk Inflation, Slowing Growth

The US plans to impose massive tariffs on China, risking higher inflation and slower US growth, while China aims for a 5% GDP growth in 2025 through domestic market revitalization.

Progress

40% Bias Score

Reduced Inequality
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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Global Tourism Recovers to Near Pre-Pandemic Levels in 2024

In 2024, international tourist arrivals reached 1.4 billion, an 11 percent increase, recovering to 99 percent of 2019 levels, driven by restored air capacity and strong demand; spending reached $1.6 trillion.

Progress

32% Bias Score

Decent Work and Economic Growth