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candycoatedghoul · 8 months
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whats a trans girl without her unregistered firearm?
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workersolidarity · 4 months
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🇺🇲 🏦 🚨 U.S. RETAIL SALES DOWN 3.1 pct YEAR-ON-YEAR FROM 2022
U.S. retail sales, excluding consumer vehicles, grew 3.1% year-on-year for the period from Nov. 1st 2023 to Dec. 24th 2023, according to preliminary data from the MasterCard Spending pulse report issued on Tuesday.
Previously, the U.S. economy recorded a 7.6% year-on-year expansion, writes Xinhua News Agency.
In further detail, online retail sales grew by 6.3% year-on-year, while brick-and-mortar retail only grew by 2.2% year-on-year.
Restaurant sales saw a year-on-year expansion of 7.8% for the same period, while sales in Jewelry shrank by 2% and sales in electronics were down 0.4%.
Data was based on non-inflation adjusted aggregate sales activity from the MasterCard payments network in combination with survey-based estimates for certain payment forms including cash and check.
Further, the U.S. National Retail Foundation forecast for holiday spending for Nov. and Dec. 2023 expected growth of a projected 3-4% over 2022 to between $957.3 billion to $966.6 billion.
#source
@WorkerSolidarityNews
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Interesting news from the Valencian Country. They will implement an experimental 4-day work week (with a 3-day weekend), which experts believe will increase efficiency!
I’ve translated this interview in the newspaper Vilaweb with Enric Nomdedéu, the Valencian Secretary of Labour, where he talks about this:
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Enric Nomdedéu: “We’re doing something wrong if we work 100 hours more than in the European Union and we’re less productive”
Interview with the Secretary of Labour of the Valencian Government about the experimental plans to rationalize the working time and raise productivity.
Labora, the Valencian labour service, is starting an experience to encourage companies to implement a 32-hour work week, that is, 4 days of work. The institution will accompany the interested businesses and will advice them so they can maintain the same productivity. For three years, and while they readjust the production systems, Labora will pay the difference so that workers can keep the same wage.
Increasing productivity to reduce work days is an obsession that has worried Enric Nomdedéu - the regional secretary of labour and general director of Labora - for years. The start of this experiment will coincide with the organization in València of an international conference about the 4-day work week. It will be about knowing its successes, its failures, and the paths to follow to arrive to what seems inevitable: to reduce hours of work and commute, and keep the productivity or increase it.
In this interview, Nomdedéu reflects in this aspect, confesses that he works more than 40 hours per week, and talks about some matters that affect the Council.
“Why do you work on reducing the work week?” From an environmental point of view, it’s obvious that reducing the work hours, from 5 to 4 days, has advantages. For the intensive consumption, for the traffic on the streets. From a social point of view, it also makes workers’ quality of life better. The World Health Organization says that 4% of deaths in the world are the result of excess in work. Obviously, it doesn’t talk about us, but of other places around the world, but here we have stress, burnout worker syndrome, work accidents last minute because we stop paying attention. And there’s still the economical balance.
“And what does the economical balance say?” That we [in the Valencian Country] work 100 hours more than the European average and, on the contrary, we are less productive. Therefore, something’s wrong in the equation. It’s not true that if you work more hours, you’re more productive. It’s not true either that if you work less, you’re more productive.
“And so?” The idea is to improve productivity, but this doesn’t necessarily mean producing more, because the planet is finite. We have to be productive using the least amount of hours and resources possible. Therefore, it’s a matter of organizational innovation. And this is what we offer to companies. We tell them: if you want to participate in this experimental programme, you have to agree with your workers and you have to submit to us a programme of productivity improvement. We make it easy for them if they’re a small business, we help them do it for free, through the IVACE [Institute for Small and Medium Industry of the Valencian Government]. If they accept, the business agrees to reduce by a 20% the amount of hours per week in the whole company or in a particular department. They can choose if they prefer a 4-day work week or if they keep it at 5, working less hours each day.
“The worker gets paid the same and Labora pays the difference to the company.” We have done the math and, in order for the accompaniment to be effective, the first year we pay 100% of the differential, the second year the 50%, and the third one the 25%. If the company sees that it’s not working, it can leave the programme at any moment.
“Will the administration monitor it?” It will be done in a very simple way, with an external organization that analyses them and will help us control it. Besides, with the contributions we will reduce the work day. It’s an experimental programme with very ambitious objectives, but very discreet economically. Labora’s total budget is 520 millions, and we will destine a million and a half to this.
“Is the ending goal of reducing the work day creating more jobs because companies need to hire more?” Not exactly, because this idea that has been going around the economy world for some decades sets off from an uncertain base, that is that there is an exact quantity of work hours that you can split among more or less people. History shows that this is not true. It could happen that, if a producer makes 400 chairs in a 5-day week and with our programme manages to improve productivity and makes them in 4 days, he could want to keep making 100 chairs on the 5th day. Then, he would have to hire workers. But this isn’t the objective.
“Who is your reference?” There are few. We are pioneering as an administration. The great litmus test will be the conference on May 27th and 28th. Experts and theorists from universities around the world are coming. The general secretaries of the main Spanish and French trade unions will take part in it. The German metal trade union is also coming. The German iron and steel industry has reduced the work week to 28 hours without reducing the wages. They have a good history to tell. We will listen and take notes because we want to do things well. And we also know that there is an example that we must not follow. In France it didn’t work. They established the 32 work week by decree, but with so many exceptions, that overtime and other effects have skyrocketed. It must be done out of conviction.
“After this conference, will you take decisions?” We hope to learn a lot in it. We didn’t go look for people who will necessarily agree with what we are proposing, but people who has given their opinions about it. The ex-minister Joan Majó will give the inauguration conference. The government of Iceland will come to tell us how they do it. This week, the SOC [trade union] called me saying that they’re also thinking about it and that they will come to hear what everyone has to say. We hope it will be a first step. When I commented it in 2018 in Alzira, the next day’s newspapers titles were saying I had gone crazy. Now there’s many of us, who are crazy. The proof is that we have 30 speakers from 13 different countries. And we have the feeling that this summit will be the first one, but not the last one, and they will have to invite us as experts in other conferences.
”Are companies ready to face this challenge?” There’s everything. In general, they aren’t, because it’s a very new matter and, in the end, what we need to take the most care for is that 85% are small and medium sized companies. It’s clear that Ford won’t come to ask us how to improve their productivity. Business talent isn’t inherited. Sometimes we find second and third generations that carry a way of working that worked very well for their parents or grandparents to start the business, but that doesn’t work any more. I insist. If we work 100 hours more than the European average and we’re less productive, it means that either they’re idle hours, which some are, or simply that production systems could be better. It doesn’t make sense that Mr. Henry Ford discovered over 100 years ago that he could make many more cars if he organized it differently and with a 40-hour work week. If Mr. Henry Ford rose up and went to Almussafes and saw the robots, he would say, what are you doing working 40 hours? You should be working 15 hours! This hasn’t happened in 100 years. We did something wrong.
“And us workers, are we ready?” One of the things that has accelerated this change in mental paradigm has been the pandemic. Suddenly, we discovered that reality isn’t always as we think it was, unmovable. Many new opportunities have been opened. And now there’s this very interesting and very worrying phenomenon of the great resignation: in the USA, people say “I’m going home, this job isn’t what I need. The pandemic has proven that above this, there’s life, there’s my family, there’s having the time to read a book”. We, every time we talk about reconciliation, we talk about being able to read a book or go to the theatre, not taking care of your mother or child, which also needs doing but it’s not only that. We are in a moment of historical change that the pandemic has accelerated, but from which we should learn some things.
"Such as what?” One of them is that face to face in companies isn’t the best idea and, on the opposite, the trade unions keep asking that people clock in... Excuse me, you’re in the 19th century, the parties had to do a perestroika and some day the unions will have to do it, too. This is very old. Clocking in is useless, [the bosses] will cheat with that, too. We must evolve towards working for objectives. Are we ready? Probably not everyone, but we also believe that experiments are useful for this reason, because if a company starts it and it works, the next one will copy it. And this goes for both the company and the workers.
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(The rest of the interview talks about other matters, so I won’t be translating it here)
What do you think?
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aci25 · 1 year
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What happens when your debt is the world's reserve currency and no one wants to prop it up anymore?
A month ago the media didn’t talk about the US losing its reserve currency status and how devastating that would be for Americans. I was laughed at for saying this a year ago. It’s happening… fast.
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sayruq · 28 days
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Palestinian banks could be cut off from the Israeli banking system starting next week following a decision by Israel’s finance minister to cease dealings between the two financial institutions, according to a report on Thursday by Israeli newspaper Haaretz. Israeli Prime Minister Benjamin Netanyahu has two days to convene a cabinet meeting to discuss reversing plans by Finance Minister Bezalel Smotrich to isolate Palestinian banks from both the Israeli and international banking systems. The Palestinian economy is based on the Israeli currency, the shekel, making it reliant on ties to Israel and its financial dealings with the rest of the world must go through the Bank of Israel and Israeli banks.
We call this Apartheid.
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jennifermnhi · 5 days
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Four Fixes That Will Unleash Economic Vitality Across California – GV Wire [Video]
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shanneltarot · 21 days
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Donald Trump Election, Earthquake in NYC, Immigrant Borders, Economy for American People Tarot Read
In Trending News, Donald Trump Election results uncovered. Are the Earthquake in NYC caused by NASA & others with dark motives? Why are Immigrant crossing the Borders to US. How to overcome the hardship of the economy? Tarot Read reveals the hidden answers
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goodnewsapp · 2 months
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The Professional's Playbook for Navigating Economy News
The dynamic nature of the global economy demands that professionals be well-versed in the latest economic news to make informed decisions. This playbook is designed to equip professionals with strategies to navigate the intricate web of economic current events. Let's dive into the essential keywords that will guide us through the nuances of economy news.
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head-post · 2 months
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Russian Sberbank reports for January: $1.3bn profit, 21% ROE
Russia’s largest bank Sberbank has posted a net profit under Russian Accounting Standards (RAS) of RUB 115bn in January 2024, making a return on equity of 20.7% versus 24.7% ROE seen in 2023, bne IntelliNews reports.
Sberbank posted a 21% year-on-year increase in RAS profit to a record 1.48 trillion roubles ($17bn) in 2023. At the same time, in December 2023 alone, RAS profit totalled RUB 116bn.
The return on equity, published in January, was slightly below the bank’s medium-term target of 22%, Renaissance Capital said on 12 February. The analyst commented:
Net interest and net fee and commission income declined slightly in January versus December (also due to seasonality), as did the level of operating expenses. The year-on-year growth of these indicators slowed down relative to December, but remained at a fairly high level.
Read more HERE
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joinchris · 5 months
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Navigating the Global Economy: Harnessing Opportunities for Positive Impact
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Introduction:  
The global economy is a vast and interconnected web that shapes the lives of people around the world. While it presents challenges, it also offers numerous opportunities for individuals and businesses to thrive. In this blog post, we'll explore how understanding and strategically navigating the global economy can empower individuals to take advantage of its benefits while mitigating negative impacts on people.
You can check this Forum also to know more Here
Access to Diverse Markets: 
One of the key advantages of the global economy is the access it provides to diverse markets. Entrepreneurs and businesses can tap into a broader consumer base, allowing for increased opportunities for growth. By understanding the unique needs and preferences of different markets, businesses can tailor their products and services, creating win-win situations that benefit both the business and the local communities they serve.
Innovation and Technology Transfer:
The global economy facilitates the exchange of ideas and technologies across borders. This interconnectedness fosters innovation and accelerates technological advancements. Entrepreneurs and individuals can capitalize on this by staying informed about global trends and adopting innovative practices. Embracing new technologies not only boosts efficiency but also opens doors to novel business opportunities.
Cultural Exchange and Diversity:
A global economy promotes cultural exchange and diversity. This interconnectedness allows individuals to learn from different cultures, fostering a rich tapestry of ideas and perspectives. By embracing diversity, businesses can create inclusive environments that attract a talented and varied workforce. This not only enhances creativity and innovation but also contributes to positive social impact by promoting understanding and collaboration.
Economic Resilience and Risk Mitigation:
Diversification is a key strategy for mitigating risks in the global economy. By operating in multiple markets, businesses can reduce vulnerability to economic downturns in any single region. This resilience not only safeguards the interests of businesses but also helps maintain employment stability and economic well-being for individuals across diverse geographies.
Sustainable Practices and Social Responsibility:
As the global economy becomes increasingly interconnected, there is a growing awareness of the importance of sustainability and social responsibility. Businesses that adopt environmentally friendly practices and prioritize corporate social responsibility are more likely to succeed in the long run. Individuals, too, can contribute by supporting ethically responsible businesses and making environmentally conscious choices in their consumption habits.
Conclusion:
While the global economy presents challenges, it also offers unparalleled opportunities for individuals and businesses to thrive. By understanding the interconnected nature of the global economic landscape, entrepreneurs can strategically position themselves to take advantage of diverse markets, innovation, cultural exchange, and economic resilience. It is crucial, however, to approach these opportunities with a mindful and socially responsible mindset. By doing so, we can ensure that the benefits of the global economy are harnessed for positive impact, avoiding adverse effects on people and communities. In a world that is increasingly interconnected, the key to success lies in leveraging the global economy for mutual benefit and sustainable growth.
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mrjaypayton · 7 months
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Pay attention the sandwiches are getting smaller, the prices getting larger. Rewards are slowly dwindling becoming non-existent.
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workersolidarity · 5 months
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🇬🇧 🚨UK ECONOMY SHRINKS BY 0.3 PCT FOR THE MONTH OF OCTOBER
The economy of the United Kingdom shrank by 0.3% month-on-month for the month of October, 2023.
Contractions were recorded across all three main sectors of the economy.
Services fell by 0.2%, being the main contributor to the fall in the U.K.'s Gross Domestic Product (GDP). Production output fell by 0.8%, and Construction fell by 0.5%, according to the U.K.'s Office for National Statistics (ONS).
"Services were the biggest driver of the fall with drops in IT (information technology), legal firms and film production -- which fell back after a couple of strong months," Darren Morgan, director of economic statistics at the ONS, is quoted as saying.
"These were also compounded by widespread falls in manufacturing and construction, which fell partly due to the poor weather," Morgan added.
For the three months leading up to October, the U.K.'s economy showed no growth.
Increases in services, led by engineering, film production and education, which recovered from the impact of summer strikes, were offset by falls in both manufacturing and housebuilding, Morgan said.
Via@XinhuaNewsAgency
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@WorkerSolidarityNews
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politijohn · 16 days
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A win for gig workers.
This ruling may have a rippling effect across the country
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kneedeepincynade · 9 months
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The American empire screams about the collapse of China while their empire burn,let them scream all they want,it won't change reality
The post is machine translated
Translation is at the bottom
The collective is on telegram
⚠️ L'ECONOMIA CINESE CRESCE DEL 6,3% NEL SECONDO TRIMESTRE |PRODUZIONE INDUSTRIALE E REDDITO DISPONIBILE PRO CAPITE IN CRESCITA ⚠️
🇨🇳 Il Compagno Fu Linghui, Portavoce dell'Ufficio Nazionale di Statistica, ha rilasciato i dati economici per il Q2, che mostrano una crescita trimestrale del PIL del 6,3%, e una crescita annua nella prima metà del 2023 pari al 5,5% 📊
📈 Cresce anche il valore aggiunto dell'industria primaria, secondaria e terziaria:
一 VA Industria Primaria: 3,0416 Trilioni di Yuan, +3,7% su base annua 📊
二 VA Industria Secondaria: 23,0682 Trilioni di Yuan, +4,3% su base annua 📊
三 VA Settore Terziario: 33,1937 Trilioni di Yuan, +6,4% su base annua 📊
🤧 Perciò, se nel primo trimestre era stata raggiunta una crescita del PIL del 4,5%, con un aumento - su base nominale - del Reddito Disponibile Pro Capite del 5,1%, nel secondo trimestre è stata raggiunta una crescita del PIL del 6,3% e un aumento del RDPC del 6,5% 📈
🤔 Questo cosa significa, che non vi sono ancora problematiche e incertezze nell'Economia Cinese? Ovviamente no, in Cina si dice «冰冻三尺,非一日之寒», tre piedi di ghiaccio non si formano in una sola giornata gelida. Il progresso e la crescita richiedono tempo ed è importante esercitare pazienza. Accusare gli altri Paesi e nascondere i propri problemi è la via dell'Occidente, non della Cina 😍
🤔 Si poteva raggiungere un risultato migliore? Senz'altro, ma il futuro è roseo, la crescita è continua, la nuova Filosofia di Sviluppo 自力更生 permetterà il raggiungimento di grandi obiettivi 😍
😂 Nel mentre i Paesi Occidentali, sempre più de-industrializzati e in recessione economica, rilasciano calunnie e menzogne sull'andamento dell'Economia Cinese, la Repubblica Popolare continua a crescere 📈
♨️ Letteralmente ogni giorno, ogni settimana, ogni mese, viene pubblicato sui media occidentali il classico articoletto sulle «difficoltà dell'Economia Cinese», è sempre stato così. Questo atteggiamento non è nuovo. Per chi stesse leggendo tali articoli, e fosse preoccupato per l'andamento dell'Economia della Cina, è necessario ricordare qualche sciocchezza anti-Cinese degli anni passati:
一 2015, WSJ: "China’s Economic Growth in 2015 Is Slowest in 25 Years", lamentando difficoltà. Tasso di crescita del 2015? +6,9% 😂
二 2016, ansiogeno articolo di Reuters, "China cuts 2016 growth target amid continued economy concerns" - Tasso di crescita del 2016? +6,7% 😂
三 2017, è il momento di The Guardian, "Chinese growth slips to slowest pace for 26 years" - Tasso di crescita del 2017? +6,9% 😂
四 2018, Bloomberg, con "The Biggest Threats to China’s Economy in 2018" - Tasso di crescita del 2018? +6,6% 😂
🐰 Si potrebbe continuare con 2019 - 2023, ma il punto è chiaro 🤧 Per l'Occidente, la Cina deve essere sempre fallimentare, però poi non si spiega perché debbano unirsi tutti per bloccare la sua ascesa 😂
😘 I Paesi dell'UE non impensieriscono minimamente la Cina. Con tutto il rispetto, ma Paesi come l'Italia, la Germania o la Polonia non possono creare alcun problema all'ascesa della Cina. Gli unici che ancora possono impensierire la Cina sono gli USA. Potevamo cooperare e crescere insieme. 欧盟的 “de-risking ”是又一次人为的反华建设,西方无法与中国竞争 😜
♨️ Ogni anno, cresce l'Economia reale e crescono i salari. Cresce la produzione industriale, 中国正处于政治和经济的伟大崛起之中。 美国和西方都陷入衰退,但西方民众最关心的是中国经济 😂
😂 Per farvi qualche risata: Le strampalate "previsioni del collasso della Cina" di Gordon G. Chang non si sono mai avverate 🤡
😂 Gli stessi Centri di Analisi Economica che davano per morta l'Economia della Russia e - in enormi difficoltà 🤣 - l'Economia della Cina, hanno dovuto ritarare il contributo dei principali Paesi alla crescita dell'Economia del Mondo dal 2023 al 2028 🤣
🏆 La Cina è saldamente al primo posto, con un 22,6%, e sarà il motore della crescita dell'Economia del Mondo nel 2023, così come lo è stato negli anni precedenti 📈
🌸 Iscriviti 👉 @collettivoshaoshan
⚠️ CHINESE ECONOMY GROWS BY 6.3% IN THE SECOND QUARTER | INDUSTRIAL PRODUCTION AND DISPOSABLE INCOME PER CAPITA GROWING ⚠️
🇨🇳 Comrade Fu Linghui, Speaker of the National Bureau of Statistics, released the economic data for Q2, which shows quarterly GDP growth of 6.3%, and annual growth in the first half of 2023 of 5,5% 📊
📈 The added value of primary, secondary and tertiary industry is also growing:
一 VA Primary Industry: 3.0416 Trillion Yuan, +3.7% YoY 📊
二 VA Secondary Industry: 23.0682 Trillion Yuan, +4.3% YoY 📊
三 VA Tertiary Sector: 33.1937 Trillion Yuan, +6.4% YoY 📊
🤧 Therefore, if in the first quarter a GDP growth of 4.5% was achieved, with an increase - on a nominal basis - of the Per Capita Available Income of 5.1%, in the second quarter a GDP growth of 6.3% and an increase in the RPDC of 6.5% 📈
🤔 What does this mean that there are still no problems and uncertainties in the Chinese economy? Obviously not, in China, they say «冰冻三尺,非一日之寒», three feet of ice do not form in a single freezing day. Progress and growth take time, and it is important to exercise patience. Accusing other countries and hiding your problems is the way of the West, not China 😍
🤔 Could a better result have been achieved? Without a doubt, but the future is rosy, growth is continuous, the new Development Philosophy 自力更生 will allow the achievement of great goals 😍
😂 While Western countries, increasingly de-industrialized and in economic recession, release slander and lies about the performance of the Chinese economy, the People's Republic continues to grow 📈
♨️ Literally every day, every week, every month, the classic article on the "difficulties of the Chinese economy" is published in the Western media, it has always been like this. This attitude is not new. For those reading these articles, and worried about the performance of China's economy, it is necessary to recall some anti-Chinese nonsense from the past years:
一 2015, WSJ: "China's Economic Growth in 2015 Is Slowest in 25 Years", lamenting difficulties. Growth rate of 2015? +6,9% 😂
二 2016, anxious Reuters article, "China cuts 2016 growth target amid continued economy concerns" - 2016 growth rate? +6,7% 😂
三 2017, it's time for The Guardian, "Chinese growth slips to slowest pace for 26 years" - 2017 growth rate? +6,9% 😂
四 2018, Bloomberg, with "The Biggest Threats to China's Economy in 2018" - 2018 growth rate? +6,6% 😂
🐰 We could continue with 2019 - 2023, but the point is clear 🤧 For the West, China must always be bankrupt, but then it is not clear why they must all unite to block its rise 😂
😘 EU countries don't scare in the slightest. With all due respect, but countries like Italy, Germany or Poland can't create any problems for China's rise. The only ones who can still worry China are the USA. We could cooperate and grow together. 欧盟的 “de-risking ”是又一次人为的反华建设,西方无法与中国竞争 😜
♨️ Every year, the real economy grows and wages grow. Industrial production is growing,中国经济 😂
😂 For a laugh: Gordon G. Chang's Outlandish "China Collapse Predictions" Never Come True 🤡
😂 The same Economic Analysis Centers that gave up Russia's Economy and - in enormous difficulty 🤣 - China's Economy, had to re-calibrate the contribution of the main Countries to the growth of the World Economy from 2023 to 2028 🤣
🏆 China is firmly in first place, with 22.6%, and will be the engine of growth of the world economy in 2023, just as it has been in previous years 📈
🌸 Subscribe 👉 @collettivoshaoshan
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sayruq · 2 months
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The economy in the fourth quarter was impacted by a 26.9% drop in private spending - the main growth driver - an 18.3% fall in exports and 67.8% slide in investment in fixed assets, especially in residential building. Government spending, mainly on war expenses and compensating businesses an
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jennifermnhi · 10 months
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Charts that show how the economy is performing in Illinois [Video]
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