Knoemaのデータベースによる、トレンドの業界、政治、社会経済のトピックに関するクイックデータ要約と視覚化データです。Chile's Socio-Economic Disparities Exposed by Weeks of Protests The Pressure of Low and Negative Interest Rates China Trade Data | Latest Official Statistics 詳細情報
In the second quarter of 2019, China's economy grew at 6.2 percent year-on-year, a slight drop from 6.4 percent in the first quarter and, more notably, a nearly 30 year low. Not even during the global financial crisis of 2008–2009 did China’s GDP growth rate fall below 6.4 percent. Nevertheless, China remains the fastest-growing economy among the world's largest economies.
It's misleading to point to the trade war with the United States - which hurts Chinese exports - as the cause for the economic slowdown because the reality is more complicated and concerning. True, Chinese exports decreased significantly as a result of the trade war with the United States: in 2019, export growth halted and slipped into negative rates, whereas 2018 boasted 10 percent export growth year-over-year. But, the trade war is not one-sided.
What does the trade war mean then if not a direct hit on China's GDP? Even if there was no direct effect of the trade war on Chinese GDP through the trade balance, the decline in exports and expectations from the trade war chill investment, employment, and household consumption, the strength of which to date has sustained the country's economic growth. Chinese consumers cannot trail the economy forever, and the trade war, along with other financial structural problems, such as high debt levels, decelerating real estate market, and unproductive use of capital, may contribute to a further decline of the world's largest economy before long.
Read more on Evidence for Chinese Economic Recession in our Insights blog.
The population of China currently exceeds the population of India by approximately 70 million, according to estimates from the United Nations. The UN's World Population Prospects report puts the population of China at 1.38 billion, compared to 1.31 billion for India. Other sources' estimates of current population range from 1.37 to 1.40 billion for China and from 1.28 to 1.31 billion for India. Just as current population estimates differ, so do forecasts as to when the difference in the population between the two countries will level off. According to the United Nations',...
China and the United States reached a partial trade deal on Friday, October 11, with the US agreeing to forgo further tariff escalation in exchange for China agreeing to resume purchases of US farm products. However, even if trade terms improve between the countries, recent preliminary figures released by China's customs office suggest Chinese exports hurt by the trade war will need time to recover to 2018 levels. Since the beginning of 2019, China exported $312 billion to the United States, 10.7 percent less than during the same period of 2018.China's exports denominated in US...
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Last year the government of China formally adopted the One Belt One Road Initiative to improve the transport and trading links between China and Eurasian and African countries. A modern day version of the Silk Road network of trade routes between East and West circa 207 BCE, One Belt One Road (aka Belt and Road Initiative or just BRI) will be the largest investment initiative in history. BRI will span more than 68 countries and including an estimated $8 trillion of investment in transportation networks, energy production, and telecommunications infrastructure. The majority of the...