The red circle much lower on the graph shows the real performance of the Chinese economy based on satellite data. This data is bad news for the Chinese people. And it’s an indictment of President Xi, who is pushing China in the wrong direction – toward more statism and more government...
The graph shows China's share in global gross domestic product adjusted for purchasing-power-parity until 2024, with a forecast until 2030. In 2024, China's share was about 19.45 percent. China's global GDP share Due to the introduction of capitalist market principles in 1978, China's econ...
This graph shows the annual growth of revenue from value-added tax (VAT) on domestic products and services (not including VAT on import products) of the Chinese government from 2014 to 2024. In 2024, the value-added tax revenue of the Chinese government decreased by 3.8 percent compared to ...
Meanwhile, various stimulus measures from Beijing bolstered the economy, which has been impacted by higher US tariffs, weak domestic demand, and lingering deflation risks. Output (52.5 vs 49.8 in January), new orders (51.1 vs 49.2), and buying levels (52.1 vs 49.2) all grew following ...
China has the most SOEs in the world, and with well over 200,000 of them and their subsidiaries making waves worldwide, they serve as the building blocks of the country's economy, second only to the US (Molnar, 2022). As these Chinese enterprises take more prominence on the global...
Of course it is not China’s job to replace US demand. Chinese policy-makers are only interested, in principle, in protecting growth in the Chinese economy. So why worry about whether China can or cannot replace US demand? Because with the rest of the world unable to step up, and in ...
In other words, when the value the US dollar is strong, gold prices go down. Related, the strength of major economies also has an inverse relationship to the price of gold - at least when an economy has a significant downturn. All of this is due to the “safe haven” status gold has...
This book constitutes the refereed proceedings of the 7th China Conference on Knowledge Graph and Semantic Computing: Knowledge Graph Empowers the Digital Economy, CCKS 2022, in Qinhuangdao, China, August 24鈥 27, 2022.\nThe 15 full papers and 2 short papers included in this book were ...
In terms of vehicle types, EVs can be categorized into plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs). Revenue in the PHEV is projected to reachUS$ 99.86 billionin 2023, with a CAGR of1.5%from 2023 to 2028. On the other hand, revenue in the BEV segment...
The United States, the World Bank, the US Central Intelligence Agency, and the Organization for Economic Co-operation and Development all provide their own measurement of the Gini coefficient, varying in data collection and survey methods. According to the United Nations Development Programme, ...