gdp Archive

asiaBelt and Road investments versus Developed world investments

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The American Enterprise Institute (AEI) has a report that China’s Belt and Road Initiative (BRI) has spent $340 billion from 2014-2017. Private companies in China tend to invest in the USA, UK, Switzerland and Australia. They are acquiring hotels, entertainment …

blockchainBlockchain supply chain and Blockchain IoT will significantly boost global GDP by 2030

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The world currently wastes or loses trillions of dollars from inefficient management of supply chains. There is hundreds of billions lost of fraud and counterfeiting. There is bureaucracy and administration to handle accounting, auditing and administration. There are multiple computer …

agricultureUS-China in early stages of trade war

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Donald Trump slapped tariffs on at least $50 billion in Chinese imports. China has said that they will retaliate. China announced a 25 percent levy on U.S. pork imports — a heavy blow to Iowa, the top pork-producing state and …

chinaHow can we have nice things if they cost ten times more?

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Phase 1 of the California high-speed rail project (520 miles) is now claimed to have an estimated cost of $78 to $98 billion. This is $150 million to $180 million per mile. This is $94-118 million per kilometer. The system …

gdpIndia fastest growing large economy with 7.2% GDP growth

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India’s GDP grew 7.2% in the third quarter, surpassing expectations. India is the fastest growing large country. The rebound puts India GDP growth higher than China. The rebound is from better industrial activity, especially manufacturing and construction, and an expansion …

chinaCould a China-South Korea to Europe rail connection be used to buy off North Korea?

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Like China, South Korea has used and plans to use high-speed rail for economic development. South Korea and China both have plans to create high-speed rail and cargo links to Europe. The South Korea connection would require rail lines through …

chinaRe-examining the China Economic Miracle

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How did China’s economy really get to there it is now? * China like Britain, US, Germany and Japan have successfully used selective protectionism to develop their companies and economy. Ethiopia and other African countries are getting some success copying …

chinaBeijing passing Portugal in per capita GDP in 2018

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China richest city is Beijing with a per capita GDP in 2017 of 20,356. China’s currency has strengthened by about 2% since the end of 2018. This puts Beijing at about the level of Portugal or Saudi Arabia with $20,575 …

economyAtlanta Federal Reserve GDP model predicts USA 5.4% GDP growth in first quarter 2018 – highest since 2003

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The Atlanta Federal Reserve GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 5.4 percent on February 1, up from 4.2 percent on January 29. The forecast of real consumer spending …

futureInfographic – Top Ten Countries Military Spending in 2030

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Here is a Nextbigfuture infographic with a projection of military spending in 2030. This is mainly based upon IMF forecasted GDP projections to 2022 and then extrapolated to 2030. The 2016 military spending as a percent of GDP is assumed …