AS WE FORECAST: CHINA’S ECONOMY GROWS 8.1 PERCENT IN 2021 While much of the world was downgrading China’s GDP growth estimates for 2021, the Trends Journal had forecast it would grow by 8 percent. We were 0.1 percent off: China’s economy grew 8.1 percent overall in 2021 on the strength of its exports to a...
178 search results for: circulation
Post
U.S. MANUFACTURING BOUNCE-BACK COMING?
We had forecast this trend was coming, and here it is. Last month, General Motors said it is considering a $4-billion investment in new electric vehicle battery-making capacity in Michigan; and Toyota unveiled plans for a $1.3-billion EV battery plant in North Carolina that will employ 1,750 people. Georgia’s upstart America Knits factory, where 65...
Post
SPOTLIGHT: THE RISE OF CHINA
CHINA’S EQUITY VALUE GREW TO $12.7 TRILLION IN 2021 China’s stock markets held $12.7 trillion at the end of 2021, ranking it as the world’s second-largest equities market. Domestically-listed stocks added about 20 percent in value, or about $2.1 trillion, through the year, according to S&P Global Market Intelligence, mirroring the 23-percent rise in the...
Post
CHINA CUTS KEY INTEREST RATE
On 20 December, the People’s Bank of China reduced its one-year prime lending rate by 0.5 percent to 3.8 percent. The rate is the one at which commercial banks lend to their most credit-worthy customers and benchmarks rates for other loans, CNN Business noted. The cut is an attempt to reinvigorate a slowing economy slammed...
Post
SPOTLIGHT: CHINA
CHINA SETS EXPORT, IMPORT RECORDS IN NOVEMBER China exported nearly $326 billion worth of goods and services in November, a record, and imported $254 billion to satisfy its roaring demand for fuel and metals, Bloomberg reported. Imports shot up 30 percent compared to a year earlier; exports climbed 22 percent in dollar terms, with both...
Post
WILL AUTO ALLIANCES PROTECT CHIP SUPPLY?
Ford Motor Co. and General Motors (GM) have formed partnerships with major semiconductor manufacturers to speed the end of the current chip shortage now hobbling vehicle production and ensure supplies during future disruptions. GM has made deals with Infineon Technologies, NXP Semiconductors, ON Semiconductor Corp., Qualcomm Inc., Renasas Electronics Corp., STMicroelectronics, and Taiwan Semiconductor Manufacturing...
Post
CHINA MOCKS AMERICA: ELITES IN CHARGE, IT’S NOT A DEMOCRACY
Jiang Jinquan, the head of the Policy Research Office of the Chinese Communist Party Central Committee, gave a five-minute speech on Friday where he criticized the U.S. for trying to export its kind of flawed democratic system. “Democracy is not an exclusive patent of Western countries and even less should it be defined or dictated...
Post
ANOTHER STUDY SHOWS COVID VACCINES CAUSE HEART PROBLEMS
Controversial gene level medicines being pushed by government mandates as COVID “vaccines” have again been strongly associated with serious heart related side effects. “mRNA vaccines dramatically increase inflammation on the endothelium and T cell infiltration of cardiac muscle and may account for the observations of increased thrombosis, cardiomyopathy, and other vascular events following vaccination.” That’s...
Post
FOREIGN INVESTORS POUR ANOTHER $120 BILLION INTO CHINESE MARKETS
Global investors have bought $120 billion in Chinese stocks and bonds so far in 2021, according to the Financial Times, as investors bet on higher returns than those available elsewhere, despite the quirky and unpredictable hand of China’s regulators and government policy. Foreign investment in China’s equity and fixed-income markets totaled about $1.1 trillion as...