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  2. Shift in China-U.S. trade is hurting California, helping Texas

    www.aol.com/news/wrinkle-texas-california...

    Overall,Chinese foreign direct investment, while stalling in the U.S., has kept growing in Mexico and topped $2.5 billion in 2022, a fivefold increase from 2000-2004, according to Red ALC-China, a ...

  3. Resource curse - Wikipedia

    en.wikipedia.org/wiki/Resource_curse

    The International Monetary Fund classifies 51 countries as "resource-rich," which are defined as countries that derive at least 20% of exports or 20% of fiscal revenue from nonrenewable natural resources; 29 of those countries are low- and lower-middle-income. Common characteristics of the 29 countries include (i) extreme dependence on resource ...

  4. Economy of Texas - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Texas

    Texas counties by GDP in 2021 (chained 2012 US$) The economy of the State of Texas is the second largest by GDP in the United States after that of California. It has a gross state product of $2.694 trillion as of 2023. [7] In 2022, Texas led the nation with the most companies in the Fortune 500 with 53 in total. [8]

  5. What does Trump really want from Canada and Mexico? It ... - AOL

    www.aol.com/finance/does-trump-really-want...

    That includes shifting manufacturing away from countries like China and toward Central and South America as well as working with Mexico, Canada and other nations to reduce dependence on "distant ...

  6. Natural resource economics - Wikipedia

    en.wikipedia.org/wiki/Natural_resource_economics

    Natural resource economics deals with the supply, demand, and allocation of the Earth's natural resources. One main objective of natural resource economics is to better understand the role of natural resources in the economy in order to develop more sustainable methods of managing those resources to ensure their availability for future ...

  7. Texas governor orders state agencies to sell China assets - AOL

    www.aol.com/news/texas-governor-orders-state...

    SINGAPORE/HONG KONG (Reuters) -The governor of Texas ordered state agencies to stop investing in China and sell assets there as soon as possible, citing financial and security risks, a sign of ...

  8. Hoarding (economics) - Wikipedia

    en.wikipedia.org/wiki/Hoarding_(economics)

    Hoarding resources can prevent or slow products or commodities from traveling through the economy. [4] Subsequently, this may cause the product or commodity to become scarce, causing the value of the resource to rise. A common intention of economic hoarding is to generate a profit by selling the product once the price has increased.

  9. Bitcoin mining crackdown in China is a boon for Texas - AOL

    www.aol.com/finance/bitcoin-mining-crackdown...

    John King knew his small town of Rockdale, Texas, had landed on the global crypto map when three Chinese bitcoin miners showed up at City Hall unannounced this summer.