Tag #Economy

europe.chinadaily.com.cn
🌐 85% Global Worthiness
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China's Solar Power Capacity Set for 10% Growth Amidst Government Intervention

UBS forecasts a 10 percent increase in China's photovoltaic installed capacity this year, reaching 260-280 gigawatts, driven by State-owned enterprises' efforts to meet 2025 targets and government policies aimed at resolving supply-demand imbalances and promoting sustainable industry growth.

Progress

32% Bias Score

Affordable and Clean Energy
dailymail.co.uk
🌐 85% Global Worthiness
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Equal Pay Claims Threaten Dozens of UK Councils with Bankruptcy

The GMB union predicts that up to six more UK councils will face multimillion-pound equal pay settlements this year, following Birmingham City Council's bankruptcy declaration due to a £760 million equal pay claim, highlighting a systemic issue of sex discrimination in local authorities.

Progress

56% Bias Score

Gender Equality
europe.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 a major reform to enhance their role in national security, industrial policy, macroeconomic stabilization, and technological innovation, aligning with the country's modernization goals.

Progress

52% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's Gold Reserves Surge, Boosting Resource Security

China's Geological Survey announced the discovery of 168 metric tons of new gold reserves and significantly increased reserves of 12 co-mineral resources over the past five years, driven by government-funded exploration using advanced technologies, bolstering the nation's resource security and poten...

Progress

36% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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Ultra-Processed Food Regulation Fails: Systemic Change Needed

A study of 417 measures from 105 countries reveals that current regulations, focusing primarily on consumer behavior, have failed to curb the rise of ultra-processed foods, which comprise 70% of the average American diet and are linked to serious health problems; the authors call for systemic change...

Progress

44% Bias Score

Zero Hunger
spanish.china.org.cn
🌐 85% Global Worthiness
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China's Economic Resilience in 2024: Growth Rebounds Amidst Global Uncertainty

Despite initial economic slowdown in the second and third quarters of 2024, China's economy rebounded strongly in the final months, with key indicators reaching record highs thanks to timely government policy interventions and ongoing structural reforms.

Progress

40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Top 20 Hedge Funds Generate Record $93.7 Billion in 2024 Gains

In 2024, the world's top 20 hedge funds, led by Citadel, D.E. Shaw, and Millennium Management, collectively generated a record $93.7 billion in gains, significantly outperforming the average hedge fund and the S&P 500, showcasing the consistency of their multi-strategy approach despite high manageme...

Progress

60% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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Chinese Retail Giants Accused of Widespread Product Copying

Independent designers are accusing Chinese retail giants Shein, Temu, and AliExpress of copying their products and selling them at significantly lower prices, resulting in financial losses and feelings of powerlessness despite successful takedown requests.

Progress

48% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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Escribano Brothers Take Helm of Indra, Shifting Focus to Defense

From a small repair shop founded in 1989, the Escribano brothers have risen to lead Indra, a major Spanish defense company, after acquiring a significant stake and implementing a strategic shift towards defense contracting, following a period of internal restructuring at Indra.

Progress

40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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Jellyfish Invasion Devastates Scottish Salmon Farms

An invasive jellyfish species has killed over 200,000 farmed salmon in Scotland, impacting two farms near Skye and Muck, following a similar crisis in Norway where millions of salmon died in 2023 due to rising sea temperatures linked to climate change.

Progress

44% Bias Score

Life Below Water
china.org.cn
🌐 85% Global Worthiness
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Extended Spring Festival Fuels Tourism Boom in China

The 2025 Spring Festival, extended to eight days and newly inscribed on UNESCO's intangible cultural heritage list, is driving a significant surge in both domestic and international tourism in China, with longer trips and a focus on cultural experiences.

Progress

16% Bias Score

Sustainable Cities and Communities
cnn.com
🌐 85% Global Worthiness
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Five Trillionaires Predicted by 2034: Oxfam Highlights Extreme Wealth Inequality

Oxfam's new report reveals that five individuals are projected to become trillionaires in the next decade, highlighting extreme wealth concentration amid persistent global poverty, exacerbated by inheritance and political influence.

Progress

64% Bias Score

Reduced Inequality