What’s going on? In August, China’s manufacturing activity shrank for the first time since April 2020. What does this mean? China’s economy seems to be finally slowing down after having outperformed its rivals’ during the pandemic: a widely followed manufacturing activity survey (asking factory managers how busy they’ve been compared to the month before) showed activity in…
Tag: macroeconomics
Ep 127: The US Economic aid package
What’s going on? Despite taking more than half a year and deteriorating of some many economic indicators, the US government finally put together a $900 billion coronavirus economic aid package. What does this mean? It’ll become the second-biggest economic rescue measure in the US’s history – second only to the $2 trillion aid package passed…
Ep 81: Vietnam’s industrial growth is slowing down
Industrial GDP in the fourth quarter of 2019 increased by only 7.92%, much lower than that of the third quarter (10.42%) and the first 9 months of 2019 (9.56%). Growth of metal ore mining cannot make up for the whole mining industry Growth of the mining industry decreased by 0.92% in the fourth quarter of 2019. Crude…
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