How US-China relationship is impacting the global trade | World ...
Jan 5, 2024 · The technological decoupling between the US and China does not necessarily mean deglobalization is happening; elements of global trade - including green and digital trade - remain robust. One development of Beijing and Washington's evolving relationship is the reduction of the presence of US financial institutions in mainland China, which ...
The world’s top economy: the US vs China in five charts
Dec 5, 2016 · China is well on its way to becoming the world’s leading economy, and is already there in PPP terms. However, in order to surpass the US’s highly diversified, tertiary economy, there’s more to do: China still needs to make the all-important transition from a resource-intensive manufacturing hub to a modern, consumer-driven economy.
US v China: who are the consumers of the future?
Oct 12, 2015 · China’s new consumer class is on the rise. With a larger working population than the US and Europe combined, China has a growing bastion of consumers who will have a powerful effect on the global economy. A new report by Goldman Sachs looks at the current and future patterns of the Chinese consumers, and how they compare to the US.
Three countries are leading the renewable energy revolution
Feb 26, 2018 · Among the top three nations, China is the undisputed renewable growth leader, accounting for over 40% of the total global clean energy mix by 2022. This is due to meeting various capacity targets and addressing concerns about the country’s air pollution.
US economy holding up; China's economic challenges continue
Jun 30, 2023 · China's extensive coastline and marine resources position it as a key market for "blue finance" projects, balancing economic growth and environmental protection. Blue finance investments aim to protect the $3 trillion ocean economy and support activities such as restoration of marine ecosystems, sustainable tourism, shipping, and offshore ...
How China and the United States compare on climate action
Jun 27, 2017 · China’s population is of course far higher and when you look at per capita emissions China produces 7.5 tonnes a year against 18 tonnes for the US. So while China’s emissions fell 0.7% during the year, lagging behind those of the US (down 2.6%) it could be argued that the fall is from a much lower (per capita) base.
More than 30 years of US trade with China, in one chart
May 28, 2019 · The relationship itself is, of course, nothing new. But, as this chart from Statista shows, the two economies' interdependence has grown exponentially over the past 30 years, with China becoming the US’s largest trading partner. At the start of this decade, China surpassed Japan to become the world's second largest economy, behind the US.
US economy, China GDP and other economics stories to read
Oct 20, 2023 · China's gross domestic product (GDP) grew 4.9% in the period from July to September, new data from the National Bureau of Statistics has shown. It exceeded the expectations of economists polled by Reuters, but was lower than the second quarter when growth of 6.3% was posted.
How venture capital is investing in AI in these 5 top economies
May 24, 2024 · With substantial government support, China has become the world's largest market for industrial robots, surpassing the US with 52% global robot installations. China's expertise extends to service robots in logistics, healthcare and consumer applications. The nation has fostered 20 major AI hubs through programmes like "AI Champion City".
Chinese consumer prices fall and other economy stories to read …
Feb 9, 2024 · The inflation-adjusted value of petroleum exports jumped 15.9% in December to a record high. Economists predict the US economy will continue to benefit from trade in 2024, although risks remain, including disruption in the Red Sea and Panama Canal, says Reuters.