Those trade flows, published by the General Administration of Customs, resulted in China’s trade surplus rising than $2bn to $40.2bn, surpassing October’s revised figure of $38.2bn and well ahead of September’s revised six-month low of $28.6b. November’s trade surplus was also ahead of the $35bn forecast by economists.
Last year saw a series of disastrous floods hit countries worldwide, including the UK, which in December experienced its wettest month since records began in 1910.
Yes, even if real GDP growth does not. Speculation over the true GDP growth rate in China, as opposed to the official one, has spawned a cottage industry of specialist economists. The official figures are deceptively stable and serene thanks to suspected “smoothing” by the Chinese authorities, as they bend the figures to fit growth targets. So even if growth does stumble in 2018, the official growth rate is almost certain to come in above the preordained 6.5 per cent.
Addressing the environment is Diana Ürge-Vorsatz, CEU Professor and Director of the Center for Climate Change and Sustainable Energy Policy, along with Luis Gómez-Echeverri, Senior Research Scholar at IIASA. Taking on the economic angle is CEU Visiting Professor Dora Piroska and Matthias Thiemann from Sciences Po.
This discussion will be moderated by Andrew Solomon, former head of natural history and history at ORF, and editor of UNIVERSUM.
Since February 2019, CEU’s Borderless Knowledge series features CEU professors, leading Hungarian experts and well-known public figures discussing recent scientific findings and their direct impact on contemporary life. Previous talks from the series have covered topics of the pandemic’s preventability, imminent financial crisis, archeological mysteries, global warming, networks and research on childhood cognitive development.