On January 16, U.S. Treasury Secretary nominee, Scott Bessent testified at a Senate hearing, accusing China of being "the most unbalanced economy in world history," using exports to offset domestic economic issues. He proposed implementing a ten-year long-term economic policy toward China, inclu...
I discuss some economic issues relating to the structure of the biotechnology industry and examine whether these factors can account for the relative success of the biotechnology sector in the UK compared to other European countries. I emphasize the importance of the science base, pharmaceutical ...
AsianFin -- Chinese tech start-up DeepSeek is causing a stir in the U.S. AI sector with its open-source approach and affordable models, gaining attention from both U.S. media and AI forums. Despite facing stringent semiconductor restrictions imposed by the U.S. government, DeepSeek has ma...
A member of the EU, it chose to remain outside the Economic and Monetary Union for the time being. Constitutional reform is also a significant issue in the UK. The Scottish Parliament, the National Assembly for Wales, and the Northern Ireland Assembly were established in 1999, but the ...
Service sector of the U.S. - statistics & facts Industries in the United States are divided into three major economic categories based on the resource that the industry creates or provides. In the primary sector, raw materials are extracted or gathered. The secondary, or manufacturing sector, ...
In 2024, robust growth in net exports of goods, combined with rapid growth in service trade exports, contributed 1.5 percentage points to GDP growth, playing a crucial role in achieving the year’s economic targets. TMTPOST -- China reported a rebound in the country's foreign trade performance...
PMI calculation is based on data collected from monthly replies to questionnaires sent to purchasing executives in over 600 UK companies which provide the highest contribution to GDP. Managers are asked to characterize current business and economic conditions in the national construction sector. The ques...
last year to 100 percent, and the European Union has also conducted a raft of probes targeting "State subsidies" in China's green tech sector, as well as imposing punitive tariffs on Chinese-made EVs, prompting Ding to warn against "erecting green barriers that could disrupt normal economic ...
What impact will Trump's economic policies have on the U.S. economy? Will they lead to higher domestic inflation? How to view the prospects for the U.S. economy? David Blair, the U.S. Senior Economist brought his answers to us. ...
In the financial markets, there are sub-sectors of the economic sectors that contain groupings of companies engaged in similar business activities such as financial services or technology.Sector rotationis the process of shifting investments from one sector of an economy to another. Are Sector and ...