Who will be the third largest economy in the world this year? Recently, the International Monetary Fund (IMF) predicted in its latest World Economic Outlook that Japan's nominal gross domestic product (GDP) in US dollars will be surpassed by Germany in 2023, sliding from third to fourth place in the world. Meanwhile, the IMF predicts that India will become the world's fourth largest economy by 2026, while Japan will decline to the fifth largest economy between 20 ... 阅读全文

The International Monetary Fund (IMF) predicts that Japan's nominal gross domestic product (GDP) will be lower than Germany in 2023, falling to fourth place. In the long run, this reflects the sluggish Japanese economy. The IMF stated the relevant content in its economic outlook released on October 23rd. The nominal GDP includes changes in the prices of goods and services, reflecting the level of economic activity of a country and region. Often used as an indicat ... 阅读全文

Larry Fink, CEO of BlackRock, the world's largest asset management company, does not believe that US interest rates will fall soon. Fink stated at the Future Investment Initiative (FII) meeting held in Riyadh, Saudi Arabia on Tuesday (October 24th) that the Federal Reserve may keep interest rates high for a long period of time. Even Fink believes that the growing deficit in the United States is leading to higher inflation, indicating the need for the Federal Rese ... 阅读全文

Before reading this article, we sincerely invite you to click on "Follow". This not only facilitates your discussion and sharing, but also brings you a different sense of participation. Thank you for your support. Which economy is stronger between China and the United States? Although the United States ranks first in GDP, it has been found that there are a large number of homeless people on the streets of the United States for a long time, while in China, the pro ... 阅读全文

After significantly reducing borrowing costs to help promote economic growth, Zimbabwe is ceding the title of "world's highest interest rate" to Argentina The Monetary Policy Committee of the Central Bank of Zimbabwe announced a 2000 basis point interest rate cut on Tuesday, lowering the country's policy interest rate from 150% to 130%. This also means that the country's interest rate is currently lower than that of Argentina, which announced a rate hike to 133% ... 阅读全文

Larry Fink, CEO of BlackRock, the world's largest asset management company, does not believe that US interest rates will fall soon. Fink stated at the Future Investment Initiative (FII) meeting held in Riyadh, Saudi Arabia on Tuesday (October 24th) that the Federal Reserve may keep interest rates high for a long period of time. Even Fink believes that the growing deficit in the United States is leading to higher inflation, indicating the need for the Federal Rese ... 阅读全文

Citigroup stated that we believe the policy decision of the Bank of Canada in October remains uncertain, but this week's weaker September CPI data pushed the risk balance from rate hikes to another pause. The decline of core inflation from its high point in August may raise enough questions about whether policy interest rates necessarily need to be raised. However, while interest rates remain unchanged at 5.0%, the guidance that "there is still a possibility of f ... 阅读全文

As of October 25th, the exchange rate between the Chinese yuan and the Japanese yen has remained at a rate of 1:20.5 since the beginning of this month. At a time when the central banks of developed economies such as the Federal Reserve have already entered the end of this tightening monetary cycle, the Bank of Japan still maintains a negative interest rate policy. As inflation levels rise and economic growth expectations improve, market expectations for the Bank ... 阅读全文

Imperial Bank of Canada stated that it is expected that the Bank of Canada will maintain overnight interest rates at 5%. The statement will cite a large amount of evidence to prove that interest rate hikes so far have suppressed economic growth. We do not agree with the concerns of the central bank that inflation may become sticky in a clear economic slowdown trend. This is because it is expected to take some time to see a decrease in price pressure related to do ... 阅读全文

Recently, macroeconomic data in the United States has been improving, labor market growth has also performed well, and inflation is decreasing. In the mid-1990s, then Federal Reserve Chairman Greenspan wisely chose to pause interest rate hikes in the face of such above trend economic growth. The danger of the Federal Reserve raising interest rates while economic growth is above trend is that the trend is not yet clear. When using growth forecasts for monetary pol ... 阅读全文

Take advantage of the situation and seek new growth. The economic cycle is not only the rhythm of the market, but also the melody of enterprise growth. To build an evergreen foundation, enterprises not only need to follow the trend and enjoy the prosperity of the prosperous period; We must also be able to face the storms of the adverse period and find new growth. We are currently in an era of unprecedented changes, facing multiple internal and external pressures. ... 阅读全文

South Korea is an export-oriented economy, with exports accounting for approximately 50% of the country's GDP. Due to the export of various products such as chips from South Korea, which involve numerous supply chains, its data has become an important barometer for measuring international trade trends and is therefore known as the "canary" of the global economy. Early export data released by South Korea on the 23rd showed that the country's daily average export v ... 阅读全文

——Interview with Guo Bingxun, Executive President of the Singapore Federation of Commerce and Industry GUO BING XUN Reporter Liu Hui from China Economic Times In 2023, China and Singapore upgraded their bilateral relationship to a comprehensive and high-quality forward-looking partnership, with Singapore placing greater emphasis on China Singapore economic and trade cooperation. The 6th China International Import Expo (hereinafter referred to as the "CIIE") wil ... 阅读全文

Germany is expected to replace Japan as the world's third largest economy in 2023. According to the International Monetary Fund (IMF) forecast, Japan's nominal GDP will drop from third to fourth in the world in 2023. Forecast data shows that Japan's nominal GDP in 2023 is approximately $4.23 trillion, while Germany, which is about to surpass Japan, is about $4.43 trillion. Liu Ying, a researcher at the Chongyang Institute of Finance at Renmin University of China ... 阅读全文

Before reading this article, please click on a small 'Follow' button so that you can read, discuss, and share other excellent articles. Thank you for your support! Shocking! A series of shocking numbers hit the heart of the world economy like a heavy fist. 91.3 Bill! This is not just a number, but a new starting point for the Chinese economy. However, this time it is not a bright prospect, but a shadow of negative growth. Faced with such a severe situation, the g ... 阅读全文

Is it difficult to maintain the status of Japan's "third generation"? According to a report by the Governor of Chang'an Street on the 25th, according to predictions from the International Monetary Fund (IMF), Japan's nominal GDP will drop from third to fourth in the world in 2023. Forecast data shows that Japan's nominal GDP in 2023 is approximately $4.23 trillion, while Germany, which is about to surpass Japan, is about $4.43 trillion. Meanwhile, the IMF predict ... 阅读全文

In the digital era, the rise of electronic payments and virtual currencies has indeed changed people's daily trading methods, and the use of paper currency is gradually decreasing. However, the sudden emergence of a large amount of Chinese yuan on the streets of Vietnam is truly astonishing. This phenomenon has spread rapidly on social media, not only causing heated discussions in China, but also attracting widespread attention internationally. Vietnam and China ... 阅读全文

JPMorgan Chase CEO Jamie Dimon warned on Tuesday not to rely on economic forecasts from central banks such as the Federal Reserve, as in the near past, the Federal Reserve's forecasts were "vastly wrong". He also expressed the need to be prepared for various economic possibilities. At the "Future Investment Initiative" summit held in Riyadh, Saudi Arabia, Damon stated that the combination of various factors has made predicting the economy increasingly difficult. ... 阅读全文

According to a report by Kyodo News Agency on October 23, the International Monetary Fund (IFM) predicts that Japan's GDP will be surpassed by Germany this year, dropping from third in the world to fourth in the world. Japan's GDP has fallen to the fourth place in the world, which is not only an economic issue. As we all know, the size of the economy is usually linked to international influence. If Japan's GDP ranking declines, it means that Japan's international ... 阅读全文

Do you still remember the story of the "Four World Economies" that your grandparents told you when you were a child? At that time, the Big Four were no longer what they used to be. The global economic landscape is undergoing significant changes, and we are in the midst of it. So, what kind of secret is hidden behind all this? 1. German Economic Miracle 'Made in Germany' has always been a synonym for quality. When we mention these three words, you think of durable ... 阅读全文