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China's Xi Jinping said to silence economist for doubting GDP data
China's President Xi Jinping has silenced prominent economist Gao Shanwen after he raised doubts about the reliability of official GDP data and Beijing’s ability to help bolster economic growth, The Wall Street Journal reported,
Xi Jinping Muzzles Chinese Economist Who Dared to Doubt GDP Numbers
Gao Shanwen questioned Beijing’s ability to boost its economy as threats loom from a property meltdown and burgeoning debt.
Xi Says China’s 2024 GDP Growth Set to Hit Target of Around 5%
China’s economic growth is expected to be around 5% for the full year of 2024, according to President Xi Jinping, signaling the world’s second-largest economy is on track to meet its official target.
China Silences Top Economist Over Unflattering Analysis
The analysis reportedly angered President Xi Jinping, who has pledged more proactive measures to stir China's stagnant economy.
3d
How Trump’s Mass Deportation Plans Could Reverse GDP Growth
Estimates of the effects of the president-elect's plan to expel millions of undocumented workers are colored by politics, but ...
1d
Nominal GDP growth has been lower than the budget projection in 10 of 13 years: MC Analysis
The government projected a nominal GDP of Rs 326.37 lakh crore for FY25, but the first advance estimate puts the number at Rs ...
3d
U.S. Q4 GDP Growth Still On Track To Slow After Strong Q3 Rise
US economic activity looks set to post softer growth in the government’s upcoming fourth quarter GDP report. Read more here.
Vanguard
1d
NBS to include prostitution, other illegal activities in GDP calculation
The National Bureau of Statistics, NBS, yesterday said that illegal and hidden activities like prostitution and drugs ...
2d
on MSN
Thai business group expects GDP growth up to 2.9% in 2025
Thailand's economy is expected to grow 2.4% to 2.9% in 2025 and exports to rise 1.5% to 2.5%, a leading joint business group ...
Nigerian Tribune
22h
Why prostitution, drugs, others will be included in GDP calculation — NBS
Speaking on the inclusion of illegal and hidden activities, Dr. Baba Madu, Head of National Accounts at the NBS, explained ...
Deccan Chronicle
14h
TG GDP crosses India's average, IT exports hit $30B: Sridhar Babu
Hyderabad: The GDP of Telangana has surpassed the national average with the state's annual IT exports reaching an impressive ...
Business Daily Africa
1d
Service sector maintains GDP contribution growth, builds edge
Data from KNBS further indicates that primary and secondary sectors such as agriculture, mining, and construction, which have ...
2d
ExplainSpeaking: What the latest GDP estimates tell about the state of India’s economy
At the current exchange rate of 85 rupees to a dollar, India’s GDP in FY25 will be $3.8 trillion. If India’s exchange rate ...
3d
on MSN
Trump says NATO countries are 'taking advantage' and should contribute 5% of GDP
The transatlantic alliance reached a milestone in 2024 when all non-U.S. NATO allies spent the 2% target on average for the first time.
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