China announced in September last year that the purchase tax exemption for NEVs would be extended to the end of 2023, which is expected to waive 100 billion yuan worth of taxes. Thanks to this, the China Association of Automobile Manufacturers has forecast that China's NEV sales for 2023 wil...
Thomas J. Sargent: But look, this is a good example. Who do I pay before the tariffs? I paid the manufacturer and the worker and the entrepreneurs who made this. Afterwards I pay them, and I pay the U.S. government for something that was made here anyway. And it protects inefficient...
Economics is a branch of the sciences that seeks to understand the way a population functions by studying the way its economy functions. Every group of people develops a survival plan based on shared labor and resources. How they do that, and how well they succeed at it, is the central fo...
* The Chinese economy's sound performance in the first two months has laid a good foundation for full-year growth. * With economic recovery continuing at a steady pace, China has made significant strides in its development of new quality productive forces, which is high on this year's agenda...
December 21, 2023 Piauí Apartment / SuperLimão. Image: © Maíra Acayaba Smart homes leverage technology to provide residents with increased convenience, savings, comfort, and security. With automated environments, household routines are streamlined. What once seemed like a distant future is now...
* The Chinese economy's sound performance in the first two months has laid a good foundation for full-year growth. * With economic recovery continuing at a steady pace, China has made significant strides in its development of new quality productive forces, which is high on this year's agenda...
* With economic recovery continuing at a steady pace, China has made significant strides in its development of new quality productive forces, which is high on this year's agenda. BEIJING, March 18 (Xinhua) -- The Chinese economy has maintained good recovery momentum, beginning the year on a...
Employees work at an assembly line of the north China base of FAW-Volkswagen in north China's Tianjin, Jan. 11, 2023. (Xinhua/Zhao Zishuo) POLICY-BACKED MOMENTUM Despite the COVID-19 disruptions, China's economic momentum continues unabated, thanks to strong policy support that helps foster...
PPI inflation was up by a strong 1.2% in January after rising by 0.4% in December. Headline inflation is accelerating sharply from 1.9% over 12 months to a 4.1% pace over six months to a 12.9% pace over three months. However, core inflation in the EMU has been much more tempered and...
"It is a different climate than it was six months ago," Buffett said at the Berkshire Hathaway 2023 Annual Shareholders Meeting on Saturday, the first in-person meeting since the COVID-19 pandemic began, gathering tens of thousands of shareholders from over 40 countries. ...