Tag #Economy

africa.chinadaily.com.cn
🌐 85% Global Worthiness
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China-Africa Trade Booms as Zero-Tariff Policy Drives Agricultural Modernization

Chinese Foreign Minister Wang Yi's visit to Africa, his 35th consecutive new year's trip there, highlights booming agricultural trade with China granting zero tariffs to 33 African nations, increasing exports of products like Rwandan chili and Malagasy mutton and driving agricultural modernization.

Progress

48% Bias Score

Zero Hunger
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's 2025 Economic Strategy: High-Standard Opening-Up Amidst Global Uncertainty

In 2024, China's total import and export trade grew by 5 percent year-on-year, while foreign investment showed resilience in high-tech sectors; for 2025, China plans to expand high-standard opening-up by removing investment restrictions, improving free trade zones, and aligning with international st...

Progress

44% Bias Score

Decent Work and Economic Growth
aljazeera.com
🌐 85% Global Worthiness
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Billionaire Wealth Soars Threefold in 2024, Oxfam Warns

Oxfam's report, released during the World Economic Forum in Davos, shows that billionaires' wealth globally increased by \$2 trillion in 2024, reaching \$15 trillion, a three-fold increase over 2023's growth rate; the report also predicts the emergence of at least five trillionaires in the next deca...

Progress

60% Bias Score

Reduced Inequality
lexpansion.lexpress.fr
🌐 85% Global Worthiness
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Biden Vetoes Nippon Steel's US Steel Acquisition

President Biden blocked a $15 billion acquisition of US Steel by Japan's Nippon Steel, citing national security concerns and supply chain risks, despite bipartisan support for the veto and criticism from the involved companies.

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44% Bias Score

Decent Work and Economic Growth
lexpansion.lexpress.fr
🌐 85% Global Worthiness
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France's Uncoordinated Energy Policy Risks Economic Hardship

French Senator Ronan Dantec warns of a lack of coordination in France's energy policy, highlighting the significant cost difference between nuclear (120€/MWh) and solar (17€/MWh) energy, and the risk of overproduction due to the lack of integration with cheaper European electricity.

Progress

52% Bias Score

Affordable and Clean Energy
dw.com
🌐 85% Global Worthiness
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Billionaire Wealth Soars by $2 Trillion in 2024 Amidst Rising Global Inequality

Oxfam's "Takers Not Makers" report, released before the Davos WEF summit, reveals that billionaire wealth soared by $2 trillion in 2024, while 44% of humanity lives on less than $6.85 daily, highlighting a massive wealth gap and criticizing policies that may worsen inequality.

Progress

64% Bias Score

Reduced Inequality
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's SOE Reforms: Boosting Growth and Modernization

China's State-Owned Enterprises (SOEs) are undergoing reforms to enhance their role in technological innovation, industrial development, and macroeconomic stability, supporting the nation's modernization drive; this involves bolstering technological self-reliance, building a modern industrial system...

Progress

48% Bias Score

Decent Work and Economic Growth
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's PV Capacity to Surge 10 Percent, Reaching 260-280 GW

UBS forecasts a 10 percent increase in China's photovoltaic installed capacity this year (260-280 GW), driven by State-owned enterprises' efforts to meet 2025 targets, eased by government policies aimed at resolving supply-demand imbalances and preventing hyper-competition.

Progress

32% Bias Score

Affordable and Clean Energy
lefigaro.fr
🌐 85% Global Worthiness
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China Urges US Businesses to Invest Amidst Han Zheng-Musk Meeting

Chinese Vice President Han Zheng met with Elon Musk in the US on Sunday, urging American businesses to seize opportunities in China's growing economy; Musk pledged Tesla's continued investment and cooperation.

Progress

48% Bias Score

Decent Work and Economic Growth
votreargent.lexpress.fr
🌐 85% Global Worthiness
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French Unions and Employers Begin Talks on Pension Reform

French unions and employers initiated three months of talks on January 17th to reform the pension system, a significant shift from President Macron's previous approach, aiming to find compromises on financing and other key issues, potentially impacting the future role of social partners in French po...

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56% Bias Score

Decent Work and Economic Growth
politico.eu
🌐 85% Global Worthiness
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Trump's China Pressure Exposes Deep EU Divisions

Faced with economic crises and political instability, the EU must choose between decoupling from China to appease Trump or facing US tariffs, jeopardizing its unity and economic well-being; internal divisions exacerbate the challenge.

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64% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 85% Global Worthiness
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Spanish Government Orchestrates Telefónica CEO Resignation Amidst Concerns of Political Interference

The Spanish government orchestrated the resignation of Telefónica CEO José María Álvarez-Pallete, citing concerns over a Saudi Arabian telecom company's potential takeover, but the move appears politically motivated, pressuring La Caixa and potentially setting a concerning precedent for government i...

Progress

60% Bias Score

Decent Work and Economic Growth