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Economics Trend Watching

Economy in Brazil: Lula elected President

Brazilians voted out their far-right leader, Jair Bolsonaro, after a single term and replaced him with former President Luiz Inácio Lula da Silva.

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Consumer Behavior Economics Trend Watching

Economy in Brazil: inflation wipes the gains of “Plano Real”

The price shock that brought inflation in the highest mark in 28 years caused an abrupt loss of achievements of Brazilians since the Real Plan.

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Consumer Behavior

Living in Germany: survival guide to supermarkets

Surprised by details Germans take for granted, some newcomers are shocked by the country’s supermarket culture. Here is a survival guide to supermarkets from a self-declared grocery shopping expert from Canada, who learned the hard way

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Consumer Behavior Trend Watching

Living in Germany: the best chocolates ranked

What do the best chocolates taste like? A German consumer foundation put 25 milk chocolate brands — including Milka, Lindt and Merci – through rigorous testing and tasting […]

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China Economics Trend Watching

Living in China: Beijing, Shanghai and Hong Kong among most expensive cities in Asia

Ranking behind four cities – Tokyo, Nagoya, Yokohama and Kobe – Beijing, Shanghai and Hong Kong have become some of the most expensive cities in Asia, according to the latest survey conducted by internationally renowned human resources service provider ECA International.

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China Consumer Behavior Economics

Living in China: Cost of food drives up Consumer Price Index to 8.5%

China’s consumer price index(CPI) rose 8.5 percent in April, mainly driven by uncurbed food costs, the National Bureau of Statistics(NBS) said recently. The figure, compared with 8.3 percent in March and a nearly 12-year-high of 8.7 percent in February, was broadly in line with most forecasts.
The NBS attributed the figure to a low base of comparison: the CPI rose just 3 percent in April 2007. Another factor was the rapid increase in world grain and commodity prices…

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China Consumer Behavior Economics

Living in China: Beijing’s Consumer Price Index rose 6.5% in April 2008

Beijing’s consumer price index (CPI) rose 6.5% in April, according to the latest statistics from the Beijing Municipal Bureau of Statistics and the Chinese National Bureau of Statistics Beijing Survey Organization. Food prices rose 21.6%; while non-food prices rose 0.3%. Consumer goods prices rose 8.7% and that of service rose 0.8%. Food prices increased by 21.6% as compared with the same month last year, among which grain prices increased 9.0%; oil prices increased 29.2%; meat and its products prices increased 46.8%; egg prices increased 6.3%; aquatic products increased 19.9%; and vegetables prices increased 11.4%…

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China Economics Trend Watching

Living in China: Shanghai GDP increases 13.3% in 2007

Shanghai, the most powerful economic hub of China, achieved GDP of US$1.2 trillion in 2007, up 13.3% from a year earlier, marking a double-digit growth for 16 consecutive years, the Shanghai Statistics Bureau announced recently. The city’s 2007 GDP per capita stood at US$8,594 in the local calculation method, said Pan Jianxin, director of Shanghai Bureau of Statistics. And in accordance with the international standards, the figure would hit US$8,949, said Pan…

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China Information Technology

2007 Retrospective: Top 10 News Events in China

The following are the top 10 domestic news events in the year 2007 selected by Xinhua News, China’s Official News Agency (in chronological order): 1. China’s top legislature, the National People’s Congress (NPC), adopted a landmark property law on March 16, granting equal protection to public and private properties. 2. Serious pollution caused a sudden stenchy algae outbreak in China’s third largest freshwater lake Taihu in late May, cutting tap water supply to more than one million residents in Wuxi, Jiangsu Province…