Global Economic Shifts: China’s Growth, UK Retail Struggles, and Ethiopia’s New Market
Explore China's economic resilience as it hits a 5% growth target, delve into the UK's unexpected retail sales decline during the holiday season, and discover Ethiopia's ambitious launch of its first stock market. This episode examines the implications of these developments on global economic trends and the future of sustainable growth.Sources:https://www.yahoo.com/news/chinas-economy-expands-5-2024-080245695.htmlhttps://phys.org/news/2025-01-shift-economic-growth-planetary-limits.htmlhttps://www.bloomberg.com/news/articles/2025-01-17/uk-retail-sales-fall-in-latest-setback-for-struggling-economyhttps://www.economist.com/finance-and-economics/2025/01/16/ethiopia-gets-a-stockmarket-now-it-just-needs-some-firms-to-listOutline:(00:00:00) Introduction(00:00:46) China's economy expands 5% in 2024, hitting target as strong exports, stimulus measures help(00:03:23) New review calls for shift from economic growth to well-being within planetary limits(00:06:57) UK Retail Sales Fall in Latest Setback for Struggling Economy(00:10:00) Ethiopia gets a stockmarket. Now it just needs some firms to list