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China’s gross domestic product (GDP) for the January-to-March 2021 quarter grew by a whopping 18.3% over the corresponding period in 2020, the National Bureau of Statistics of China (NBS) announced on April 16. The pickup in China’s economy has been a tailwind for Japanese companies that export to China or have manufacturing bases there.
However, a new risk has emerged revolving around the abuse of human rights in the Xinjiang Uyghur Autonomous Region. Japanese companies say they will take a firm stance in suspending business relations with business partners that are found to be forcing Uyghurs to work. On the other hand, there has been concern over Chinese threats to retaliate with boycotts against Japanese goods, which has put the companies in a tough position.
The CPI and Forex: How CPI Data Affects Currency Prices
2021-04-30 10:00:00
Ben Lobel,
Markets Writer
In this article, we’ll explore CPI and forex trading, looking at what traders should know about the Consumer Price Index to make informed decisions. We’ll cover what CPI is as a concept, the CPI release dates, how to interpret CPI, and what to consider when trading forex against CPI data.
What is CPI and why does it matter to forex traders?
The Consumer Price Index, better known by the acronym CPI, is an important economic indicator released on a regular basis by major economies to give a timely glimpse into current growth and inflation levels.
China maintained population growth during 2020
China maintained population growth during 2020
Beijing, Apr 29 (Prensa Latina) The National Bureau of Statistics of China (NBS) assured on Thursday that the country s population continued to grow during 2020 and denied reports about the beginning of the demographic decline, earlier than expected.
According to a brief communique from that entity, the NBS will inform about the exact figure of the current level of inhabitants when the results of the census, carried out since November 2020, is published.
This is how the Bureau reacted to a material published in US newspaper Financial Times, which spoke about the first decline in the Chinese population in five decades.
В Китае заговорили о снижении количества граждан впервые за 50 лет objectiv.tv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from objectiv.tv Daily Mail and Mail on Sunday newspapers.
In his 1919 book,
The Economic Consequences of the Peace, John Maynard Keynes described the open borders of the then bygone first age of globalisation before WWI:
“
The inhabitant of London could order by telephone, sipping his morning tea in bed, the various products of the whole earth, in such quantity as he might see fit, and reasonably expect their early delivery on his doorstep, he could at the same moment and by the same means adventure his wealth in the natural resources and new enterprises of any quarter of the world, [and] he could secure forthwith, if he wished it, cheap and comfortable means of transit to any country or climate without passport or other formality.”