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it's - 3 Biden - 2 Terry - 2 China's birthrate - 1 — - 1 David Dollar - 1 Dexter Roberts - 1 Roberts - 1
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Service - 5 Terry Group - 3 Terry - 3 UN - 3 Financial Times - 3 Group - 2 South China Morning - 1 country's National Bureau of Statistics - 1

Search resuls for: "Terry Group"


5 mentions found


☆ China's crashing birthrate will leave millions of teachers jobless in the coming years
  + stars: | 2024-02-14 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +3 min
China's birthrate has plunged, with the number of newborns in 2023 falling by 500,000, to about 9 million. AdvertisementDecades of China's one-child policy have created a demographic nightmare for the world's second-largest economy, and millions of school teachers could soon be left without a job as birthrates tumble. If those classes don't scale back, China could see a surplus of 1.5 million primary school teachers and 370,000 middle school teachers by 2035, according to a Tuesday report from the South China Morning Post. Last year marked the second consecutive year that China's population shrank, according to the country's National Bureau of Statistics. Total primary school students, too, declined in 2022 for the first time in a decade.
Persons: China's birthrate, —, it's Organizations: Service, South China Morning, country's National Bureau of Statistics, Education, China National Academy of Educational Sciences, Terry Group, Terry, UN Locations: China, Beijing, Hangzhou
☆ China's economy is showing signs of serious trouble — and the problems are still mounting
  + stars: | 2023-08-12 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +9 min
Deflation — the trend of prices falling throughout the economy — presents a particularly dangerous trajectory for China, which carries a massive amount of debt. The main components of GDP on the demand side — consumption, investment, net exports — they all have serious problems right now." A shaky property marketMost of China's economic troubles tie directly into its property market. Roughly a quarter of China's population works in agriculture — well above the 3% mark in the US — and that presents its own productivity limitations. From an unstable, debt-ridden property market to anti-business policies and demographic issues, Beijing has plenty to tackle if it hopes to match the same growth as decades past.
Persons: David Dollar, Biden, Dexter Roberts, Roberts, Terry Group, it's, Xi Jinping Organizations: Service, China's National Bureau of Statistics, People's Bank of, Federal Reserve, Brookings, Bloomberg, JPMorgan, Financial Times, China's, Global, US Census Bureau, Atlantic Council, Communist Party, Garden Holdings, Beike Research Institute, Terry Locations: Beijing, Wall, Silicon, China, People's Bank of China, China's US, Western, Russia, Asia, Ukraine, Mexico, China cratered, Rocky
☆ President Biden says China's economy is a 'ticking time bomb' amid growth and demographic issues
  + stars: | 2023-08-11 | by ( Jennifer Sor | ) www.businessinsider.com   time to read: +2 min
China's economy is plagued with problems and is a "ticking time bomb," President Biden said. The president pointed to sluggish growth and high unemployment in the nation. At a Utah fundraiser on Wednesday, the president pointed to various problems plaguing China's economy, including the country's weak growth prospects and high unemployment rate. Meanwhile, China's youth unemployment rate notched a record 21% in July, due to a lack of high-skilled and high-paying jobs in the nation. That could put US-China relations on "collision course" that ends up weighing on the global economy, according to "Dr. Doom" economist Nouriel Roubini.
Persons: Biden, Joe Biden, They've, That's, Doom, Nouriel Roubini Organizations: Service, Reuters, Group Locations: China, Wall, Silicon, Utah, Beijing, Taiwan
☆ China's economy is sputtering as the nation's exports hit their lowest level in over 3 years
  + stars: | 2023-08-08 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +2 min
The country's outbound shipments slid at their steepest pace since February 2020, per The Wall Street Journal. Heightened geopolitical tensions between Beijing and the US have pushed some Western buyers to look elsewhere for supply chain needs. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Exports in July declined at the sharpest pace since February 2020, according to Chinese customs data cited by the Wall Street Journal. The Financial Times reported Sunday that the government has warned economists and experts not to paint the economy in a negative light.
Persons: COVID lockdowns, there's, Terry Organizations: Street, Service, Exports, Wall Street, Capitol, European Union, Terry Group, UN, Financial Times Locations: Beijing, Wall, Silicon, China, Russia
☆ China's working population will shrink in the coming decades and keep the nation's economy from surpassing America's, research firm says
  + stars: | 2023-08-07 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +4 min
Chinese government data showed China's population shrank in 2022 for the first time since 1961. "China's population is not only aging, but is also entering a gathering decline that will be difficult, if not impossible, to reverse," Terry Group researchers noted. The UN projects China's working-age population to shrink by three-fifths by 2100, which in turn will put pressure on young people and government initiatives to support that cohort. For comparison, between 1990 and 2010 when China's demographics were favorable, its working-age population grew 1.7% per year on average. Those figures are on pace to soon reverse, and instead the working-age population will contract at an annual rate of 1%.
Persons: it's, Terry Organizations: Terry, Service, Group, Terry Group, UN, Financial Times Locations: Wall, Silicon, China, Beijing
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