fueled by the "Japanese Yen Carry Trade," serves as a reminder of how quickly markets can spiral. This trading phenomenon has peaked twice before, in 1998 and 2007, both preceding major financial crises.
China's R&D investment as a percentage of GDP has significantly increased, and American companies are eager to participate in China's technological innovation, said Allen. An Aug. 1 article in The Economist noted that while Western countries are turning toward protectionism, Chinese firms are growin...
A4.1.3Outputgrowthandcommodityprices180 A4.1.4Governmentspendingandcommodityprices181 A4.2.1Determinantsoffiscalpolicyvolatility:Cross-sectionalregressions182 A4.2.2Determinantsoffiscalpolicyvolatility;bytypeofcommodity183 A4.2.3EffectsoffiscalpolicyvolatilityonGDPpercapitagrowth183 A4.3.1Listofeconomiesforanalysis...
WASHINGTON, Jan. 30 (Xinhua) -- The International Monetary Fund (IMF) on Tuesday upgraded global growth forecast to 3.1 percent in 2024, 0.2 percentage point higher than the projection last October, according to its newly released World Economic Outlook (WEO) update. The upward revision reflects...
Trade openness (TOP), expressed as a percentage of GDP, is our final control variable. Though recent literature is largely inconclusive about the effects of TOP on CO2emissions69, two main findings—positive and negative impacts—are evident. The study incorporates TOP into the analysis to avoid...
The Ministry of Commerce said on Jan.18 that the foreign direct investment into the Chinese mainland, in actual use, expanded 6.3 percent year on year to 1.23 trillion yuan in 2022. According to a survey recently launched by China Council for the Promotion of International Trade, which involve...
To be specific, the think tank estimated that a 5 percentage-point trade-weighted average decrease across products in the share of U.S. imports from China is associated with a 9.8 percent and 3.2 percent rise in the unit prices of imports from Vietnam and Mexico, respectively. ...
and major Belt and Road countries, also saw a decline in trade with China in 2023, with bilateral trade, exports, and imports down by 4.9%, 5.0%, and 4.8%, respectively, roughly the same level as the decline in the global trade (a drop of 5.0%, 4.6%, and 5.5%, respectively). ...
Oh Ei Sun, a senior fellow at the Singapore Institute of International Affairs, said China has to do even better than the 5 percent GDP growth, as it is "the main engine for not only the region but the world". "Neighboring countries are all eager...
The decline in exports has a significant impact on the Chinese economy. Net exports contributed to GDP growth by -0.6 percentage point in the first half of the year. While in the first half of 2022, its contribution was 0.5 percentage points. If net exports had contributed zero to GDP grow...