US News Growth jump in China
Economic Forecast: IMF expects stronger global economic growth
Despite the continuing Corona pandemic, the International Monetary Fund (IMF) has raised its global economic forecast for this and coming year. Powered by a recovery in the industrialized countries, the global economy is to grow by 6 percent by 6 percent in 2021 and by 4.4 percent in the coming year, as the IMF announced on Tuesday. At the last forecast in January, he had expected growth of 5.5 percent for this year and 4.2 percent for 2022.
in the middle of the world's pandemic growth as well as thirty years: China's economy has placed more than 18 percent in the first quarter of the year. Industrial production such as private consumption.
The Chinese gross domestic product has risen between January and March by 18.3 percent to the same period of the previous year, as the national statistical office announced on Friday in Beijing. It is the greatest leap since the beginning of the quarterly evaluation a good 30 years ago.
The unusually strong increase is explained by the fact that the Chinese economybecause of the Corona pandemic. At that time, the most populous country in the world came almost completely to a standstill for several weeks. In the episode, the Chinese economy 2020 had grown so slowly because of the Corona crisis with 2.3 percent, no more than four decades.
The USA consult their allies on the Olympics of 2022, China warns against a boycott
Olympics-2022-USA-China: the USA consult their allies on the Olympics of 2022, China warns against boycott USA The USA consults their allies on the Olympics of 2022, China warns against a boycott by Simon Lewis and Humeyra Pamuk Washington (Reuters) - the United States wants to address with their partners the question of Olympic Winter Games 2022 planned in China because of concerns about alleged human rights violations, Inced Beijing to address a warning against a possible boycott.
now helped at the beginning of the current year especially a strong foreign trade of China's economy on the jumps. China's factories ran in full swing to export medical goods such as corona tests and protective masks to all over the world. Also laptops and other equipment for the home office often come from China. Industrial production attracted 24.5 percent in the first quarter.foreign trade and inland consumption
Well developed in the first three months also the domestic consumption, which was previously left behind the general recovery. Retail sales exceeded expectations and increased by 34.2 percent in March. China has been striving for years to strengthen domestic consumption in order to become independent of foreign trade.
Theestimates that the Chinese economy could increase by another 8.1 percent this year. The Chinese government is more cautious and stated her to a value of "over 6 percent". China's national statistics office warned on Friday before persistently great uncertainties: "We have to be aware that the Covid-19 pandemic is still spreading worldwide," says the authority.
AR / HB (DPA, RTR)
Silk Road: China could respond against Australia, which "will not be intimidated by anyone" .
© Pixabay Silk Road: China could respond against Australia, which "will not leave itself Intimidate by anyone " The Chinese project of silk roads is a tool of" propaganda ", denounces the Australian Minister of Defense. While Canberra has just canceled an agreement on the Chinese Infrastructure Mega-Project Front, Peter Dutton indicated that it would be "very disappointed" if China had returned but in all cases Australia " will be intimidated by anyone who ".