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Investment, export drive China's economic recovery: UN economist | Hellenic Shipping News Worldwide

Investment, export drive China’s economic recovery: UN economist
Growth in investment and exports as well as some other domestic factors are driving China’s economic recovery, said a UN economist.
In a mid-year update of its World Economic Situation and Prospects 2021, the UN Department of Economic and Social Affairs (DESA) revised its growth forecast for China from 7.2 percent to 8.2 percent.
Hamid Rashid, the lead author of the mid-year update, attributed the upward revision to the robust investment in China in the last six months and the significant increase in merchant exports, such as electronics and electrical equipment, digital equipment and others. ....

United States , Hamid Rashid , Global Economic Monitoring Branch , Un Department Of Economic , World Economic Situation , Social Affairs , Policy Division , ஒன்றுபட்டது மாநிலங்களில் , ஹமிட் ரஷித் , உலகளாவிய பொருளாதார கண்காணிப்பு கிளை , ஐ.நா. துறை ஆஃப் பொருளாதார , உலகம் பொருளாதார நிலைமை , சமூக வாழ்க்கைத்தொழில்கள் , பாலிஸீ பிரிவு ,

Economic recovery under threat amid surging COVID cases and lagging vaccination in poorer countries

Daily Times
Widening inequality casts a shadow over projected 5.4% global growth in 2021
May 13, 2021
While the global growth outlook has improved, led by robust rebound in China and the United States, surging COVID-19 infections and inadequate vaccination progress in many countries threaten a broad-based recovery of the world economy, says the latest United Nations forecast released today.
According to the World Economic Situation and Prospects (WESP) mid-2021 report, following a sharp contraction of 3.6 per cent in 2020, the global economy is now projected to expand by 5.4 per cent in 2021, reflecting an upward revision from the UN forecasts released in January. Amid rapid vaccinations and continued fiscal and monetary support measures, China and the United States – the two largest economies – are on the path to recovery. ....

United States , Helliott Harris , Hamid Rashid , Global Economic Monitoring Branch , Un Department Of Economic , United Nations , World Economic Situation , South Asia , Saharan Africa , Latin America , Economist Elliott , Social Affairs , ஒன்றுபட்டது மாநிலங்களில் , எலியட் ஹாரிஸ் , ஹமிட் ரஷித் , உலகளாவிய பொருளாதார கண்காணிப்பு கிளை , ஐ.நா. துறை ஆஃப் பொருளாதார , ஒன்றுபட்டது நாடுகள் , உலகம் பொருளாதார நிலைமை , தெற்கு ஆசியா , லத்தீன் அமெரிக்கா , சமூக வாழ்க்கைத்தொழில்கள் ,

Widening inequality casts a shadow over projected 5.4 percent global growth in 2021

Caribbean News Global
May 12, 2021
NEW YORK, USA – While the global growth outlook has improved, led by robust rebound in China and the United States, surging COVID-19 infections and inadequate vaccination progress in many countries threaten a broad-based recovery of the world economy, says the latest United Nations forecast released May 11, 2021.
According to the World Economic Situation and Prospects (WESP) mid-2021 report, following a sharp contraction of 3.6 per cent in 2020, the global economy is now projected to expand by 5.4 percent in 2021, reflecting an upward revision from the UN forecasts released in January. Amid rapid vaccinations and continued fiscal and monetary support measures, China and the United States – the two largest economies – are on the path to recovery. In contrast, the growth outlook in several countries in South Asia, sub-Saharan Africa, and Latin America and the Caribbean, remains fragile and uncertain. For many countries, economic ....

United States , Helliott Harris , Hamid Rashid , Un Department Of Economic , Global Economic Monitoring Branch , United Nations , World Economic Situation , South Asia , Saharan Africa , Latin America , Social Affairs , ஒன்றுபட்டது மாநிலங்களில் , எலியட் ஹாரிஸ் , ஹமிட் ரஷித் , ஐ.நா. துறை ஆஃப் பொருளாதார , உலகளாவிய பொருளாதார கண்காணிப்பு கிளை , ஒன்றுபட்டது நாடுகள் , உலகம் பொருளாதார நிலைமை , தெற்கு ஆசியா , லத்தீன் அமெரிக்கா , சமூக வாழ்க்கைத்தொழில்கள் ,

Economic Recovery Under Threat Amid Surging COVID Cases And Lagging Vaccination In Poorer Countries

Wednesday, 12 May 2021, 1:54 pm
New York, 11 May While the global
growth outlook has improved, led by robust rebound in China
and the United States, surging COVID-19 infections and
inadequate vaccination progress in many countries threaten a
broad-based recovery of the world economy, says the latest
United Nations forecast released today.
According to
the World Economic Situation and Prospects (WESP) mid-2021
report, following a sharp contraction of 3.6 per cent in
2020, the global economy is now projected to expand by 5.4
per cent in 2021, reflecting an upward revision from the UN
forecasts released in January. Amid rapid vaccinations and
continued fiscal and monetary support measures, China and ....

New York , United States , Helliott Harris , Hamid Rashid , Un Department Of Economic , United Nations , Citizen Community , Global Economic Monitoring Branch , Foundation For Public Interest Journalism , Un Department Of Global Communications , Un Department Of Global Communications On Infopages , Economic Recovery Under Threat Amid Surging , Lagging Vaccination In Poorer Countrieswednesday , World Economic Situation , South Asia , Saharan Africa , Latin America , Economist Elliott , Social Affairs , Scoop Citizen Community , In Depth Engaged Journalism , Scoop Foundation , Public Interest Journalism , Global Communications , Un Department Of Global Communications , Foreign Affairs ,

United Nations raises global economic growth forecast to 5.4% in 2021

United Nations raises global economic growth forecast to 5.4% in 2021
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Last Updated: May 12, 2021, 12:01 PM IST
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Synopsis
In raising its projection from January of 4.7% growth, the U.N. s mid-2021 World Economic Situation and Prospects report pointed to the rapid vaccine rollout in a few large economies led by the U.S. and China and an increase in global trade in merchandise and manufactured goods that has already reached its pre-pandemic level.
Agencies
For 2022, the U.N. forecast that the global economy will grow by about 4.7% is higher than the IMF s projection of 4.4%.
The United Nations on Tuesday responded to the rebounding Chinese and U.S. economies by revising its global economic forecast upward to 5.4% growth for 2021, but it warned that surging COVID-19 cases and inadequate availability of vaccines in many countries threaten a broad-based recovery. ....

South Africa , United States , Hamid Rashid , Global Economic Monitoring Branch , International Monetary Fund , Un Department Of Economic , United Nations , Economic Situation , South Asia , Saharan Africa , Latin America , Social Affairs , Us Gdp Growth , World Economic Growth , China Economy , ஒன்றுபட்டது மாநிலங்களில் , ஹமிட் ரஷித் , உலகளாவிய பொருளாதார கண்காணிப்பு கிளை , சர்வதேச பண நிதி , ஐ.நா. துறை ஆஃப் பொருளாதார , ஒன்றுபட்டது நாடுகள் , பொருளாதார நிலைமை , தெற்கு ஆசியா , லத்தீன் அமெரிக்கா , சமூக வாழ்க்கைத்தொழில்கள் , உலகம் பொருளாதார வளர்ச்சி ,