Six charts that explain the rise of new growth drivers
BING NEWS:
- BoC will 'likely' cut rates by 50bps amid 'below-potential GDP growth': Citi
Canada’s economy grew at a below-potential pace in the third quarter, increasing the likelihood of the Bank of Canada (BoC) cutting interest rates by 50 basis points in December, Citi analyst said in ...
11/29/2024 - 5:56 am | View Link - GDP grew at 2.8% rate in third quarter, revision shows
The economy grew at a 2.8% annual rate in the third quarter of this year, just under the 3% rate the quarter before, the Bureau of Economic Analysis reported Wednesday morning in a second estimate of ...
11/27/2024 - 12:32 am | View Link - China’s GDP forecast cut as Trump trade worries take hold before new term
Though Donald Trump has not yet taken office, his expected tariff increases have led S&P Global Ratings to cut growth projections for China.
11/25/2024 - 6:00 am | View Link - More
- A brief history of China’s economic growth
While the average growth rate of real GDP between 1978-2012 has been an impressive 9.4%, that figure could decline to between 7-8% between 2012-2024 in the authors’ base case. This is significantly higher than most commentators believe is likely given clear signs of a slowing economy in China’s recent economic data. Here are their projections:
11/29/2024 - 11:30 am | View Website - Which are the world’s biggest economies by GDP? | World Economic Forum
Only 16 economies had a GDP higher than $1 trillion, with the US by far the biggest economy at more than $21 trillion – making up just under a quarter of the global total of almost $88 trillion. China was the second largest at more than $14 trillion and Japan was in third place with just over $5 trillion.
11/28/2024 - 5:05 am | View Website - What will global GDP look like in 2030? | World Economic Forum
In 2015 in Africa, the average GDP per person was $20,000 less than the global average, at around $4,000. The ERS International Macroeconomic Data Set shows that the average GDP per person in the United States for 2015 was more than $50,000.
11/27/2024 - 10:24 pm | View Website - China: $1.9 Trillion Boost and 88 million Jobs by 2030 Possible with ...
China is well-placed to lead the transition to a new global green economy with lasting impact Read the full report in English and Mandarin Geneva, Switzerland, 17 January 2022 – Nearly $9 trillion, two-thirds of China’s total Gross Domestic Product (GDP), is at risk of disruption from nature loss.
11/27/2024 - 9:09 am | View Website - China's economic growth story recapped | World Economic Forum
By the time Deng Xiaoping made the sweeping decision to open up China’s economy to the outside world in 1978, the poverty rate had been cut to about 40%. Roughly four decades later, the World Bank pegged China’s rate at 0.1% - compared with 9.7% globally.
11/27/2024 - 2:57 am | View Website - More
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