Tag #Global Economy

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spanish.china.org.cn

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Apr 16, 10:09

China's Unicorn Surge: A 30% Share of Global Market

China boasts 409 unicorn companies—valued at \$1.5 trillion—representing almost 30 percent of the global total, primarily driven by intelligent technologies like AI and new consumer goods, supported by government initiatives and a strong talent pool.

China's Unicorn Surge: A 30% Share of Global Market

China boasts 409 unicorn companies—valued at \$1.5 trillion—representing almost 30 percent of the global total, primarily driven by intelligent technologies like AI and new consumer goods, supported by government initiatives and a strong talent pool.

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Industry, Innovation, and Infrastructure

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What is the significance of China's rise to holding nearly 30 percent of the world's unicorn companies?

China now holds the second-largest number of unicorn companies globally, possessing nearly 30 percent of the world's total, with 409 valued at approximately \$1.5 trillion. This growth is largely driven by advancements in intelligent technologies, particularly in AI, new consumer goods, and integrated circuits.

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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Reduced Inequality

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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.

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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Decent Work and Economic Growth

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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.

dw.com

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Apr 16, 07:14

Hong Kong Post Halts U.S. Shipments Amid Tariff Dispute

Hong Kong Post suspends accepting packages to the U.S. starting April 16th, 2025, due to new U.S. tariffs eliminating the 'de minimis' exemption and raising taxes on packages from Hong Kong, impacting surface mail immediately and airmail from April 27th; packages with only documents are unaffected.

Hong Kong Post Halts U.S. Shipments Amid Tariff Dispute

Hong Kong Post suspends accepting packages to the U.S. starting April 16th, 2025, due to new U.S. tariffs eliminating the 'de minimis' exemption and raising taxes on packages from Hong Kong, impacting surface mail immediately and airmail from April 27th; packages with only documents are unaffected.

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What is the immediate impact of the U.S. tariff increase on Hong Kong's postal service and its citizens?

Hong Kong Post announced on April 16, 2025, it will stop accepting packages to the U.S. due to the U.S. government eliminating the 'de minimis' tax exemption and raising tariffs on packages from Hong Kong starting May 2nd. This affects surface mail immediately and airmail from April 27th. Packages containing only documents are unaffected.

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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Responsible Consumption and Production

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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.

dw.com

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Apr 16, 16:15

Global Wine Production Plunges to 60-Year Low in 2024

Global wine production in 2024 hit a 60-year low of 225.8 million hectoliters, down 4.8% from 2023, due to extreme weather, economic factors, and reduced consumer demand; France saw its lowest production since 1957.

Global Wine Production Plunges to 60-Year Low in 2024

Global wine production in 2024 hit a 60-year low of 225.8 million hectoliters, down 4.8% from 2023, due to extreme weather, economic factors, and reduced consumer demand; France saw its lowest production since 1957.

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Climate Action

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How did economic conditions and consumer behavior contribute to the decline in both wine production and consumption in 2024?

The decline in global wine production is interconnected with various factors. Extreme weather events, driven by climate change, severely damaged harvests. Simultaneously, economic instability and shifting consumer preferences towards higher-priced wines contributed to the overall reduction. The US-China trade war added further uncertainty to the market.

africa.chinadaily.com.cn

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Apr 16, 10:09

China Prioritizes Consumption, Debt Management in Economic Recovery Plan

China's 2025 Government Work Report outlines a multi-faceted strategy to address economic slowdown, focusing on boosting consumption, stabilizing the real estate market, and managing local government debt, aiming for approximately 5 percent GDP growth.

China Prioritizes Consumption, Debt Management in Economic Recovery Plan

China's 2025 Government Work Report outlines a multi-faceted strategy to address economic slowdown, focusing on boosting consumption, stabilizing the real estate market, and managing local government debt, aiming for approximately 5 percent GDP growth.

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Decent Work and Economic Growth

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What immediate actions is the Chinese government taking to address slowing economic growth and its domestic and global impacts?

China's economy, while facing challenges from slowing growth and external factors, shows signs of recovery. The 2025 Government Work Report prioritizes boosting consumption and addressing job market and real estate issues through increased incomes and reduced financial burdens. Early data suggests success in stimulating consumption via trade-in programs and tourism.

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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Decent Work and Economic Growth

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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.

taz.de

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Apr 16, 16:15

Global Wine Production Plunges to 60-Year Low Amidst Extreme Weather and Economic Headwinds

Global wine production in 2024 hit a 60-year low of 225.8 million hectoliters due to extreme weather (heavy rain, hail, frost, drought, pests), economic factors, and decreased consumption; the EU saw a 3.5% drop, while Germany's production fell by 9.8%.

Global Wine Production Plunges to 60-Year Low Amidst Extreme Weather and Economic Headwinds

Global wine production in 2024 hit a 60-year low of 225.8 million hectoliters due to extreme weather (heavy rain, hail, frost, drought, pests), economic factors, and decreased consumption; the EU saw a 3.5% drop, while Germany's production fell by 9.8%.

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Responsible Consumption and Production

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How did the extreme weather events specifically impact wine production in major wine-producing countries like France, Italy, and Germany?

The reduced wine production is not an isolated event but reflects a broader trend influenced by climate change, economic factors, and shifting consumer behavior. The EU also experienced a significant decrease (3.5%), with Germany, the fourth-largest producer, seeing a 9.8% drop. Even Italy, the world's largest producer, saw production 6% below its five-year average.",

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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Decent Work and Economic Growth

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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.

pda.kp.ru

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Apr 16, 22:14

Russian Ruble Strengthens 38% Against US Dollar

The Russian ruble has strengthened by 38% against the US dollar since January 2025 due to a large trade surplus, oil industry tax payments, and a weakening US dollar globally, leading to lower import prices and varied economic impacts.

Russian Ruble Strengthens 38% Against US Dollar

The Russian ruble has strengthened by 38% against the US dollar since January 2025 due to a large trade surplus, oil industry tax payments, and a weakening US dollar globally, leading to lower import prices and varied economic impacts.

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How does the strengthening ruble impact the Russian government's budget and its ability to meet social obligations?

Several factors contribute to the ruble's strength: a $32.5 billion trade surplus in Q1 2025, trillion-ruble tax payments from the oil industry, and a near 10% drop in the US dollar index (DXY). This confluence of events has created an imbalance in the currency market, pushing the ruble higher.

french.china.org.cn

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Apr 16, 16:15

Global Support for Multilateralism at China Consumer Expo Amidst US Protectionism

Government officials and business leaders from around the world, including representatives from the WTO and Slovakia, voiced strong support for multilateralism at the 5th China International Consumer Products Expo (CICPE) in Hainan, China (April 13-18), expressing concerns over US protectionist trad...

Global Support for Multilateralism at China Consumer Expo Amidst US Protectionism

Government officials and business leaders from around the world, including representatives from the WTO and Slovakia, voiced strong support for multilateralism at the 5th China International Consumer Products Expo (CICPE) in Hainan, China (April 13-18), expressing concerns over US protectionist trad...

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Decent Work and Economic Growth

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What is the primary global significance of the widespread support for multilateralism expressed at the CICPE?

Government officials and business representatives from around the world voiced strong support for multilateralism and cooperation at the 5th China International Consumer Products Expo (CICPE) in Hainan, China. Concerns were raised regarding protectionist trade policies imposed by the US, creating global trade uncertainty. The event saw over 4100 brands from 71 countries and regions participating.

Showing 49 to 60 of 1,564 results