Page 17 - Difference Group News Today

Written by Dan Steinbock, Difference GroupThe Trump and Biden administrations have initiated an unsubstantiated genocide case against China. It has been opposed by White Houses own legal experts. With its dark roots, genocide politics mocks real genocides.

In 2021, China’s economic momentum will drive global economic prospects. But new trade wars could derail global recovery, again. In the 1st quarter of the ongoing year, China’s GDP rose to a record 18.3% year-on-year. Despite the base effect, due to the pandemic plunge a year ago, the performance reflects strong momentum. In April, China’s economy continued to boom, with strong exports and rising business confidence supporting the recovery. U.S. economic growth accelerated in th...

In 2021, China’s economic momentum will drive global economic prospects. But new trade wars could derail global recovery, again. In the 1st quarter of the ongoing year, China’s GDP rose to a record 18.3% year-on-year. Despite the base effect, due to the pandemic plunge a year ago, the performance reflects strong momentum. In April, China’s economy continued to boom, with strong exports and rising business confidence supporting the recovery. Please share this article - Go to very top of pa...

China’s 1st quarter record performance will accelerate momentum in China and support recovery in the US and global economic prospects – as long as unwarranted geopolitical tensions remain in check. A year ago, China’s first quarter plunge was -6.8 percent, due to the pandemic effect. In the West, it was widely seen as the “end of Chinas growth story.” Instead, in early February 2020 I predicted a turnaround in the increase of new virus cases in China, with the beginning of the...

Science and Media, Facts and Fantasies After a year of politicized infodemic, much of the international media coverage shunned the scientific conclusions contained in the recently released joint WHO-China team report. After months of work, the report assessed the likelihood of four different possible pathways for the introduction of the virus. Please share this article - Go to very top of page, right hand side, for social media buttons. Here are their conclusions (emphasis added): ...

China Seeks Aggressive Growth Two Sessions: Amid Uncertainty, China’s Quest for Bold Development China’s annual “Two Sessions" meeting has approved national priorities for 2021. Delivered by Premier Li Keqiang, the Government Work Report set a growth target of over 6 percent for Chinese economy for 2021, releasing a numeric goal after it was skipped in 2020, due to the COVID-19 pandemic. Please share this article - Go to very top of page, right hand side, for social media buttons. Ch...

Last year, four major opportunities to battle COVID-19 were missed. If vaccine inequality will prevail in the coming months, that would represent the fifth missed opportunity – with prohibitive human costs and economic damage. Recently, I was virtually at the prestigious Bruno Kreisky Forum for International Dialogue (Vienna, Austria) and had a conversation with Ambassador Irene Giner-Reichl (for the video, see https://www.youtube.com/watch?v=sUcGG22B_YA ). The focus was on the missed ...

Dr. Dan Steinbock in Conversation with Ambassador Irene Giner-Reichl Author: Feb 23, 2021 The current Covid19 pandemic seems to be favoring a strong emphasis on national decision-making (manifested, inter alia by border closings), mounting rivalry between major nations, including the use of vaccines to strengthen alliances and a weakening of multilateralism. As could be expected, the impact of the pandemic is worst on under-privileged segments of the world’s population and on emerging economi...

Vaccine Inequality: A New Beginning or Another Missed Opportunity? Author: Feb 23, 2021 Last year, four major opportunities to battle COVID-19 were missed. If vaccine inequality will prevail in the coming months, that would represent the fifth missed opportunity – with prohibitive human costs and economic damage. Recently, I was virtually at the prestigious Bruno Kreisky Forum for International Dialogue (Vienna, Austria) and had a conversation with Ambassador Irene Giner-Reichl (for the video...

Vaccine Inequality Would Create Added Misery For All And Trillions Additional Costs A new beginning or another missed opportunity? Last year, four major opportunities to battle COVID-19 were missed. If vaccine inequality will prevail in the coming months, that would represent the fifth missed opportunity - with prohibitive human costs and economic damage. Please share this article - Go to very top of page, right hand side, for social media buttons. Recently, I was virtually at the prestigious...