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
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's PV Capacity Projected to Surge 10 Percent in 2025

UBS forecasts a 10 percent increase in China's photovoltaic installed capacity in 2025, reaching 260-280 gigawatts, driven by State-owned enterprises' efforts to meet targets and government policies aiming to curb hyper-competition and improve supply-demand balance.

Progress

44% Bias Score

Affordable and Clean Energy
forbes.com
🌐 85% Global Worthiness
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Global Billionaire Wealth Surges by $2 Trillion in 2024

Global billionaire wealth increased by $2 trillion in 2024, three times faster than in 2023, with a significant portion inherited, fueling concerns about inequality and political influence, particularly with the upcoming wealthy Trump administration.

Progress

56% Bias Score

Reduced Inequality
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
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
china.org.cn
🌐 85% Global Worthiness
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China Discovers Major Rare Earth Deposit in Yunnan

China announced the discovery of a major rare earth deposit in Yunnan province, containing 1.15 million metric tons of potential resources, including over 470,000 tons of critical rare earths vital for electric vehicles and renewable energy, further strengthening its global dominance in this sector.

Progress

32% Bias Score

Industry, Innovation, and Infrastructure
nrc.nl
🌐 85% Global Worthiness
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Northvolt's Collapse: A Setback for Europe's Green Tech Ambitions

The near-bankruptcy of Swedish battery maker Northvolt, despite substantial funding and government support, reveals the challenges Europe faces in competing with China's established dominance in battery technology, particularly given its rapid growth strategy and quality control issues resulting in ...

Progress

56% Bias Score

Industry, Innovation, and Infrastructure
nos.nl
🌐 85% Global Worthiness
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Trump's Return: Expected Policy Shockwave

Upon his return to the White House, President Trump intends to sign numerous executive orders addressing the economy, illegal immigration, and international relations, potentially causing significant domestic and international upheaval.

Progress

56% Bias Score

Reduced Inequality
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's SOE Reforms: A Multifaceted Approach to Modernization

China's State-Owned Enterprises (SOEs) are undergoing significant reforms to boost their role in national modernization, focusing on technological innovation, industrial system development, national security, regional collaboration, global engagement, and green transformation.

Progress

52% Bias Score

Decent Work and Economic Growth
china.org.cn
🌐 85% Global Worthiness
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Extended Spring Festival Fuels Tourism Boom in China

The 2025 Chinese Spring Festival, extended to eight days and newly recognized by UNESCO, is driving a surge in domestic and international tourism, with bookings significantly exceeding pre-pandemic levels and a strong focus on cultural experiences.

Progress

32% Bias Score

Sustainable Cities and Communities
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
dailymail.co.uk
🌐 85% Global Worthiness
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Essen to Mandate Community Service for Welfare Recipients and Asylum Seekers

The German city of Essen is implementing a new policy requiring welfare recipients and asylum seekers to perform three hours of daily community service or face benefit cuts, in an attempt to boost the city's struggling economy.

Progress

48% Bias Score

Decent Work and Economic Growth