gdp Archive

chinaChina will again triple dredging and will have over 50 fortified islands by 2030 in South China Sea

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China has purchased 200 dredging ships over the last 11 years. Most of the technology was from Germany, Japan and other countries. China tripled its dredging capacity over the last 15 years. China can now build its own large and …

economyIMF expects US tax cut to boost world economy by about $200 billion dollars per year for 4 years

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The IMG expects U.S. tax policy changes to stimulate world economic activity for several years. The short-term impact in the United States mostly driven by the investment response to the corporate income tax cuts. The effect on U.S. growth is …

chinaChina plus Hong Kong and Macau GDP for 2017 is $13.5 trillion

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China’s quarterly GDP numbers for 2016 and 2017 suggest that the soon to be released Q4 2017 GDP number will be about 23.5 trillion RMB. China leadership has already indicated the fourth quarter has come in with strong economic performance …

chinaIncome distributions show how far India has to go to create even a global middle class

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The Economist reports that India does not have a middle class and growing inequality it preventing the growth of a middle class. The top 1% of Indian adults, a rich enclave of 8 million inhabitants making at least $20,000 a …

businessDespite global cyclical strength,the world economy is weaker than precrisis and needs reforms

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The World Bank forecasts global economic growth to edge up to 3.1 percent in 2018 after a much stronger-than-expected 2017, as the recovery in investment, manufacturing, and trade continues. Growth in advanced economies is expected to moderate slightly to 2.2 …

businessGlobal Venture Capital at $182 billion in 2017

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Mega funding rounds in Asia led by the biggest ever fund raise of $5.5 billion by China-based Didi Chuxing propelled the overall venture capital funding to reach record levels in 2017. According to a recent report by Preqin, 2017 was …

economySoftbank Vision is to invest a trillion dollars in at least a thousand Unicorns over the next ten years

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Softbanks’s CEO Masayoshi Son is creating a mechanism to increase their funding ability from 10 trillion yen to 20 trillion yen to 100 trillion yen. The funds will probably have invested in at least 1,000 companies within 10 years. …

artificial intelligenceThe Future of Asia is ultimately about AI, other advanced tech and economics

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Hugh White makes the case that America’s influence is decreasing in Asia and China is on the eventual but inevitable path to dominating Asia. Others make the case that the USA still has strategic options. Nextbigfuture believes the ultimate Future …

economyA multi-decade economic boom

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There was a long period of stronger productivity growth from 1917 to 1973 driven by low-cost oil and increasing usage of cars and more efficient factories. We are entering a new period of stronger productivity growth from energy cheaper than …

asiaChina passing the USA by 2030 and India passing Japan in 2027

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The Centre for Economics and Business Research (CEBR) forecasts that China’s economy will pass the USA in exchange rate terms by 2030. The report by the Centre for Economics and Business Research in London sees India leapfrogging the U.K. and …