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U.S. Trade Representative (USTR) Katherine Tai launched the probe in April 2024 at the request of the United Steelworkers and four other U.S. unions under Section 301 of the Trade Act of 1974 ...
China’s economy grew 4.7% year-on-year in the second quarter of 2024, missing economists’ expectations and marking the weakest growth since the first quarter of last year, according to the ...
GDP per hour worked 1970–2022 (2015=100) Country 1970 1980 1990 2000 2010 2015 2020 2022 Australia 51.4 60.3 66.0 80.9 92.2 100 103.1 103.3 Austria 83.0
The new regulations affected Evergrande Group, China's second-largest property developer, and the Chinese real estate market as a whole. [5] In addition, the Chinese shadow banks, such as Sichuan Trust, have been greatly effected by the property sector crisis due to over lending and a crackdown on regulations. [6] [7]
Minimum wages under such policies increased by an average 12.6 percent rate between 2008 and 2012. However, the growth rate of minimum wage levels decreased in 2016, reflecting the Chinese government's effort to reduce pressure on enterprises resulting from the uneven growth between labor costs and production rates. [1] [2] [3]
With greater transparency for investors at Ford comes the need for a tighter grip on costs.Local reports out of China on Monday suggested the auto manufacturer was preparing to cut 1,300 jobs in ...
Ecuador's foreign ministry announces the reinstatement of visa requirements for travelers from China, citing an increase in irregular migratory flows from the latter. [39] 21 June – China officially defines Taiwanese separatist behavior as a criminal act. [40] 22 June – Six people are found dead following a landslide in Shanghang County ...
The new deficit plan compares with an initial target of 3% of GDP for 2024, and is in line with a "more proactive" fiscal policy outlined by leading officials after December's Politburo meeting ...