Tag #Global Economy

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german.china.org.cn

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Apr 17, 16:15

China's Economy Shows Resilience Amidst Rising US Tariffs in Q1 2025

During the first quarter of 2025, despite increased US tariffs, China's economy showed resilience, driven by domestic demand (contributing over 80% to growth in the last five years) and a 9.7% increase in high-tech manufacturing value added, exceeding the national average by 3.2 percentage points.

China's Economy Shows Resilience Amidst Rising US Tariffs in Q1 2025

During the first quarter of 2025, despite increased US tariffs, China's economy showed resilience, driven by domestic demand (contributing over 80% to growth in the last five years) and a 9.7% increase in high-tech manufacturing value added, exceeding the national average by 3.2 percentage points.

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How effectively did China's economic diversification and innovation offset the negative impacts of increased US tariffs in the first quarter of 2025?

In the first quarter of 2025, China's high-tech manufacturing sector saw a 9.7% increase in value added, exceeding the national average for large industrial firms by 3.2 percentage points. Domestic demand contributed over 80% to economic growth over the past five years, showcasing a shift away from export reliance.", A2="China's diversified economy, driven by domestic demand and innovation, mitigated the impact of increased US tariffs. High-tech investment growth signals a long-term strategy for sustained economic development, demonstrating resilience against external pressures.", A3="While short-term pressure from US tariffs is acknowledged, China's robust domestic market and focus on innovation position it for continued growth. The country's comprehensive industrial system and macroeconomic policies provide a strong foundation for achieving its developmental goals despite global uncertainties.", Q1="How effectively did China's economic diversification and innovation offset the negative impacts of increased US tariffs in the first quarter of 2025?", Q2="What specific role did domestic demand and high-tech investment play in China's economic performance during this period of heightened global trade tensions?", Q3="Considering the escalating global trade protectionism, what are the long-term implications of China's current economic strategy and its capacity to withstand future external shocks?", ShortDescription="During the first quarter of 2025, despite increased US tariffs, China's economy showed resilience, driven by domestic demand (contributing over 80% to growth in the last five years) and a 9.7% increase in high-tech manufacturing value added, exceeding the national average by 3.2 percentage points.", ShortTitle="China's Economy Shows Resilience Amidst Rising US Tariffs in Q1 2025"))

elmundo.es

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Apr 17, 19:19

IMF: US Tariffs to Slow Global Growth, but No Recession Predicted

The IMF projects downward revisions in global GDP growth forecasts due to US tariffs, but not a recession; however, inflation may rise in some countries, while low-income countries face reduced aid flows. The long-term effects include decreased productivity and innovation.

IMF: US Tariffs to Slow Global Growth, but No Recession Predicted

The IMF projects downward revisions in global GDP growth forecasts due to US tariffs, but not a recession; however, inflation may rise in some countries, while low-income countries face reduced aid flows. The long-term effects include decreased productivity and innovation.

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What are the immediate economic impacts of the US trade escalation according to the IMF, and how significant are they globally?

The IMF's managing director, Kristalina Georgieva, stated that the US trade war will not cause a global recession, but it will lead to downward revisions in global GDP growth projections. The upcoming World Economic Outlook report will detail these revisions, which are expected to be significant but not recession-inducing. Inflation forecasts will also be revised upwards for some countries.

cnn.com

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Apr 16, 16:14

Trump Tariffs Trigger Global Trade War, Causing Trillion-Dollar Market Decline

President Trump's tariffs, announced two weeks prior, sparked a global trade war, causing a multi-trillion dollar market decline and prompting international travel warnings; foreign arrivals to the US plummeted 20%, impacting the US travel industry.

Trump Tariffs Trigger Global Trade War, Causing Trillion-Dollar Market Decline

President Trump's tariffs, announced two weeks prior, sparked a global trade war, causing a multi-trillion dollar market decline and prompting international travel warnings; foreign arrivals to the US plummeted 20%, impacting the US travel industry.

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How are foreign countries responding to the US trade policies and their impact?

The trade war resulted from President Trump's tariff speech, marked by contradictory statements and brinkmanship. This created uncertainty and damaged US credibility, reflected in falling US dollar value and Treasury market turmoil. Consumer rejection of US brands in China further exacerbates the economic downturn, impacting major companies like Apple and Nike.

africa.chinadaily.com.cn

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Apr 16, 07:15

Japan Rejects US Tariff Demands, Preparing for Tough Negotiations

Japanese Prime Minister Shigeru Ishiba announced a firm negotiating stance against US tariffs, stating that Japan will not rush into an agreement and will take the necessary time to secure the best possible outcome. Upcoming talks between Japan and the US will focus on addressing US concerns about J...

Japan Rejects US Tariff Demands, Preparing for Tough Negotiations

Japanese Prime Minister Shigeru Ishiba announced a firm negotiating stance against US tariffs, stating that Japan will not rush into an agreement and will take the necessary time to secure the best possible outcome. Upcoming talks between Japan and the US will focus on addressing US concerns about J...

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How are the US tariffs impacting not only Japan but also the broader global economy and multilateral trade system?

Japan's firm stance against the US tariffs stems from the significant economic consequences predicted by experts like Hidetoshi Tashiro. Tashiro projects drastic profit decreases for major Japanese automakers, with some facing potential collapse. This situation highlights the broader global impact of the US tariffs, threatening to contract global trade and fuel US inflation.

nrc.nl

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Apr 16, 01:14

EU Navigates Unpredictable US Trade Policies Under Trump

The European Union is grappling with unpredictable US trade policies under President Trump, facing persistent import tariffs and navigating complex diplomatic negotiations to reach a mutually beneficial agreement, weighing retaliatory measures against the risk of escalation.

EU Navigates Unpredictable US Trade Policies Under Trump

The European Union is grappling with unpredictable US trade policies under President Trump, facing persistent import tariffs and navigating complex diplomatic negotiations to reach a mutually beneficial agreement, weighing retaliatory measures against the risk of escalation.

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What are the immediate economic impacts of the ongoing US import tariffs on the EU?

The EU is struggling to understand Donald Trump's trade demands, facing persistent US import tariffs despite diplomatic efforts. While Trump recently paused some tariffs, others remain, impacting various sectors. The EU's retaliatory measures have also been postponed.

elmundo.es

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Apr 16, 01:14

LVMH Stock Plunges 7.82%, Shifts Luxury Market Leadership

LVMH's stock plunged 7.82% on Tuesday after reporting a 1.9% drop in first-quarter revenue (€20.311 billion), impacting the luxury sector and shifting market leadership to Hermès. Weakening demand in the US and Asia contributed to the decline.

LVMH Stock Plunges 7.82%, Shifts Luxury Market Leadership

LVMH's stock plunged 7.82% on Tuesday after reporting a 1.9% drop in first-quarter revenue (€20.311 billion), impacting the luxury sector and shifting market leadership to Hermès. Weakening demand in the US and Asia contributed to the decline.

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What is the immediate impact of LVMH's disappointing quarterly results on the European luxury goods market?

LVMH's stock plummeted 7.82% on Tuesday following the release of its quarterly earnings, impacting the luxury sector across Europe. This drop affected other luxury brands, including Christian Dior (-8.25%), Kering (-5.22%), and L'Oréal (-2%), while Hermès bucked the trend with a 0.21% gain, surpassing LVMH in market capitalization.

europe.chinadaily.com.cn

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Apr 17, 16:15

Record Attendance at Canton Fair Highlights China's Resilient Foreign Trade

The 137th Canton Fair, held in April, saw a record 64,530 overseas buyers (up 8.9% year-on-year), showcasing China's resilient foreign trade, while the 1.55 million square meter exhibition hosted 31,000 companies, demonstrating its key role in global trade.

Record Attendance at Canton Fair Highlights China's Resilient Foreign Trade

The 137th Canton Fair, held in April, saw a record 64,530 overseas buyers (up 8.9% year-on-year), showcasing China's resilient foreign trade, while the 1.55 million square meter exhibition hosted 31,000 companies, demonstrating its key role in global trade.

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How does the Canton Fair contribute to China's economic resilience and its expansion into diversified markets?

China's foreign trade shows strong resilience, adapting to global uncertainties by diversifying markets. The Canton Fair facilitates this, connecting Chinese companies with international buyers and showcasing China's production capabilities and cost-effectiveness. This resilience is evident in the first quarter's 1.3% year-on-year growth in foreign trade, reaching 10.3 trillion yuan.

elmundo.es

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Apr 17, 16:15

ECB Cuts Interest Rates Amid US Tariff Concerns

The European Central Bank (ECB) cut interest rates by 0.25% to 2.25% on Thursday, its seventh cut since June 2024, citing negative impacts from US tariffs on Eurozone growth; inflation fell to 2.2% in March.

ECB Cuts Interest Rates Amid US Tariff Concerns

The European Central Bank (ECB) cut interest rates by 0.25% to 2.25% on Thursday, its seventh cut since June 2024, citing negative impacts from US tariffs on Eurozone growth; inflation fell to 2.2% in March.

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What immediate impact will the ECB's interest rate cut have on the Eurozone economy, considering the ongoing US trade conflict?

The European Central Bank (ECB) lowered interest rates by 0.25 percentage points to 2.25%, its seventh cut since June 2024, in response to US tariffs negatively impacting Eurozone growth. This sets the deposit facility rate at 2.25%, the main refinancing operations rate at 2.40%, and the marginal lending facility rate at 2.65%. The ECB acknowledges that trade tensions will negatively affect economic forecasts for the Eurozone.

lemonde.fr

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Apr 16, 10:08

US-China Trade War Intensifies: China Faces Pressure

The US-China trade war intensifies, with the White House asserting that China needs a trade deal more than the US. China retaliated by halting Boeing plane deliveries and imposing higher tariffs, while its economy showed 5.4% growth in Q1 2025.

US-China Trade War Intensifies: China Faces Pressure

The US-China trade war intensifies, with the White House asserting that China needs a trade deal more than the US. China retaliated by halting Boeing plane deliveries and imposing higher tariffs, while its economy showed 5.4% growth in Q1 2025.

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What are the immediate consequences of the US-China trade conflict, and how does it impact global markets?

The US-China trade war escalates, with the White House stating China needs a deal more than the US. China suspended Boeing deliveries and imposed retaliatory tariffs, while reporting strong Q1 2025 growth (5.4%). The US exempted some electronics and semiconductors from tariffs, but imposed new tariffs on other goods.

zeit.de

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Apr 16, 07:14

China's Trade Opportunity: EU Chamber Urges Policy Shift

Amidst the escalating US-China trade war, the EU Chamber of Commerce in China reports that 1700 EU companies see an opportunity for China to become a more reliable trade partner, but only if it revises its approach to global relations and shifts from its "Made in China 2025" industrial policy, which...

China's Trade Opportunity: EU Chamber Urges Policy Shift

Amidst the escalating US-China trade war, the EU Chamber of Commerce in China reports that 1700 EU companies see an opportunity for China to become a more reliable trade partner, but only if it revises its approach to global relations and shifts from its "Made in China 2025" industrial policy, which...

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What immediate impact does the US-China trade war have on China's attractiveness as a trading partner for the EU?

The escalating US-China trade war presents China with an opportunity to become a more attractive trade partner for the EU. The EU Chamber of Commerce in China reports that 1700 EU companies view China's shift as a chance for a more stable and predictable partnership. However, China must adapt its approach to global relations to realize this potential.

repubblica.it

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Apr 16, 04:09

Trump Investigates Mineral Tariffs, Raising Trade Tensions with China

President Trump launched an investigation into potential tariffs on essential minerals under Section 232 of the 1962 Trade Act, potentially escalating trade tensions with China and impacting global supply chains; the Wall Street Journal reports this is part of a broader US strategy to isolate China ...

Trump Investigates Mineral Tariffs, Raising Trade Tensions with China

President Trump launched an investigation into potential tariffs on essential minerals under Section 232 of the 1962 Trade Act, potentially escalating trade tensions with China and impacting global supply chains; the Wall Street Journal reports this is part of a broader US strategy to isolate China ...

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What are the potential long-term consequences of this action for global supply chains, international trade relations, and geopolitical stability?

This action may significantly impact global supply chains for essential minerals and exacerbate existing trade disputes. The outcome could reshape international trade relations and intensify geopolitical competition, potentially leading to further retaliatory measures from China and other nations.

dailymail.co.uk

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Apr 16, 07:14

Trump Backs Major US-UK Trade Deal, Despite UK's EU Ties

US Vice President JD Vance announced President Trump's support for a significant US-UK trade deal, offering substantial economic benefits for post-Brexit Britain but potentially jeopardized by the UK government's continued engagement with the EU.

Trump Backs Major US-UK Trade Deal, Despite UK's EU Ties

US Vice President JD Vance announced President Trump's support for a significant US-UK trade deal, offering substantial economic benefits for post-Brexit Britain but potentially jeopardized by the UK government's continued engagement with the EU.

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What is the primary significance of the proposed US-UK trade deal for the UK's post-Brexit economic future?

US Vice President JD Vance stated President Trump strongly favors a trade deal with the UK, citing cultural affinity and business ties. This deal presents a significant post-Brexit economic opportunity for the UK, potentially boosting both economies.

Showing 37 to 48 of 1,559 results