By a range of measures, China’s economy continued to lose momentum in August, leading one analyst to call for a “bazooka” stimulus to the economy if the country is to reach its 5-percent growth goal this year.
Tag: China
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CHINA REFUSES TO ENDORSE OUTLINE TO GOVERN AI’S MILITARY USES
In Seoul, South Korea, last week, 60 nations endorsed a “blueprint for action” outlining permitted military uses of AI. China was among 30 countries that refused to support the non-binding outline.
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SPOTLIGHT: CHINA’S ECONOMIC MALAISE
China’s economy will fail to meet Beijing’s 5-percent growth target this year, according to several investment banks that have now cut their forecasts for the world’s second-largest economy.
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MORE MILITARY INDUSTRIAL COMPLEX IMBECILITY: U.S. LAUNCHES SPACE FORCE TO FIGHT CHINA AND RUSSIA
There’s nowhere safe on Earth, and now—because of the moronic imbeciles we call “leaders”—even space could descend into another battleground.
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SPOTLIGHT: CHINA’S ECONOMIC CRISIS
Alibaba Group Holding, Kuaishou Technology, and other major Chinese consumer companies have failed to meet revenue targets, “upsetting expectations for a market recovery to take hold,” the Financial Times reported.
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AMERICANS WANT THE U.S. TO STAY OUT OF FOREIGN CONFRONTATIONS
While Washington likes to think of the U.S. as the world’s only “indispensable nation,” Americans seem to be turning inward—and want the military to avoid possible confrontations in Ukraine and Taiwan.
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CHINA RESTRICTS EXPORT OF KEY INDUSTRIAL MINERAL
Beginning 15 September, China will restrict export of antimony, the commerce ministry announced last week.
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SPOTLIGHT: CHINA’S ECONOMIC CRISIS
Various economic data released last week by China’s National Bureau of Statistics shows few bright spots, despite an array of government measures implemented in recent months to energize spending and investment.
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SPOTLIGHT: CHINA’S ECONOMIC DISTRESS: IS CHINA’S EXPORT BOOM TAPERING OFF?
In July, the value of China’s exports in dollar terms rose 7 percent, year on year, lower than June’s 8.6-percent increase and missing analysts’ forecasts of a 9.7-percent jump.
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IN CHINA, EVS AND HYBRIDS OUTSELL INTERNAL COMBUSTION CARS
In July, for the first time, all-electric vehicles (EVs) and gas-electric hybrids outsold internal combustion cars.