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Economic News

China’s new goal of growing productivity at a higher rate than GDP depends on rural education

March 14, 2021 TheCuriousEconomist Economic News, The Global Economy, The Labour Market Comments Off on China’s new goal of growing productivity at a higher rate than GDP depends on rural education

After the recent ‘two sessions’ in Beijing, a series of high-level meetings which determine the economic and social policy for the next five years, the Chinese government announced that there will not be a specific […]

Balance of Payments

China’s Export Surprise: A 7.5% Plunge in May Shakes Economic Predictions

June 7, 2023 TheCuriousEconomist Balance of Payments, Economic Growth, Economic News, The Global Economy Comments Off on China’s Export Surprise: A 7.5% Plunge in May Shakes Economic Predictions

In an unexpected economic twist, China’s exports fell by 7.5% in May, a far more significant drop than the predicted 0.4%. This is the first decline since February, raising concerns about the health of the […]