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Tag: estimates

California to see record budget deficit of 73 bln USD in coming year

wangxiao02/22/20240

SACRAMENTO, the United States, Feb. 21 (Xinhua) — The U.S. state of California could face a record budget deficit of 73 billion U.S. dollars for the 2024-25 fiscal year, the state budget advisor\’s la

China\’s Q3 economic growth rises to 1.3 pct: OECD

wangxiao12/27/20230

PARIS, Dec. 14 (Xinhua) — China\’s economic growth rose to 1.3 percent in the third quarter (Q3) of 2023, compared to 0.5 percent in the previous quarter, the Organization for Economic Co-operation an

Germany accelerates onshore wind power expansion

wangxiao10/13/20230

Wind turbines are pictured in Brandenburg, Germany, Sept. 15, 2022. (Xinhua/Ren Pengfei)
Approval rates for new wind energy projects are also increasing. In the first nine months, 5.2 gigawatts of new

EU economy to grow slower than expected: Commission

wangxiao09/12/20230

People are seen on a street in central Antwerp, Belgium, on Sept. 11, 2023. The European Commission cut the European Union\’s and the eurozone\’s 2023 economic growth forecast on Monday. (Xinhua/Zheng H

WTO warns of global GDP loss through decoupling and fragmentation

wangxiao06/29/20230

Decoupling and fragmentation will be costly for the world, said Ngozi Okonjo-Iweala, director-general of the World Trade Organization on Tuesday.
\”If we decouple into two trading blocks, it will cost

India to become world\’s most populous country in April: UN

wangxiao04/25/20230

UNITED NATIONS, April 24 (Xinhua) — India will become the world\’s most populous country in April, according to UN projections.
By the end of April, India\’s population is expected to amount to 1,425,7

China revises down sugar output forecast for 2022-2023

wangxiao04/15/20230

BEIJING, April 15 (Xinhua) — China\’s sugar output from October 2022 to September 2023 is expected to reach 9 million tonnes, according to a Ministry of Agriculture and Rural Affairs report.
The proje

U.S. retail sales plunge amid fear of recession

wangxiao04/15/20230

WASHINGTON, April 14 (Xinhua) — U.S. retail sales dropped significantly in March amid worries that high-interest rates will spark a recession, according to advance estimates released by the U.S. Cens

Sri Lanka revises tourism targets due to positive trends

wangxiao04/03/20230

COLOMBO, April 3 (Xinhua) — Sri Lanka\’s tourism industry is aiming to attract 2 million visitors in 2023, an increase from the previous target of 1.5 million, an official said on Monday.
Sri Lanka To

Omicron subvariant XBB.1.5 accounts for over 90 pct new COVID-19 cases in U.S.

wangxiao03/21/20230

LOS ANGELES, March 20 (Xinhua) — The highly transmissible Omicron subvariant XBB.1.5 now accounts for over 90 percent of new COVID-19 cases reported in the United States, according to the latest esti

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