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China’s economy set to overtake USA by 2028

Meanwhile, Biden still says China is “no economic threat” to the United States…

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China’s economy set to overtake USA by 2028

(Bloomberg) — The Chinese economy is set to overtake the U.S. faster than previously anticipated after weathering the coronavirus pandemic better than the West, according to the Centre for Economics and Business Research.

The world’s biggest and second-biggest economies are on course to trade places in dollar terms in 2028, five years earlier than expected a year ago, it said on Saturday.

In its World Economic League Table, the consultancy also calculated that China could become a high-income economy as soon as 2023. Further cementing Asia’s growing might, India is set to move up the rankings to become the No. 3 economy at the end of the decade.

Chinese President Xi Jinping said last month it was “entirely possible” for his economy to double in size by 2035 under his government’s new Five-Year Plan, which aims to achieve “modern socialism” in 15 years.

China was the first economy to suffer a pandemic blow, but has recovered swiftly, according to government data. That should prompt Western economies to pay much more attention to what is happening in Asia, according to the report.

“Typically, we compare ourselves with other Western economies and miss out on what often is best practice, especially in the rapidly growing economies in Asia,” it said.

Source: Yahoo

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George Soros Announces New Venture That Will Have a Huge Impact on Local News Outlets

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George Soros Announces New Venture That Will Have a Huge Impact on Local News Outlets

A new group has been formed to fight against what it calls disinformation, using a model one activist said would “erode the public’s trust in media.”

A new public benefit corporation backed by far-left billionaires including George Soros and Reid Hoffman, the co-founder of LinkedIn, will do battle with the forces of any opinions it does not like under the banner of Good Information Inc., Axios reported Tuesday.

The outfit “aims to fund and scale businesses that cut through echo chambers with fact-based information” and will invest in local news outlets.

Axios did not disclose what form such investments might take but said it “could mean funding new or existing companies that boost news from existing news outlets.”

The group will be led by Tara McGowanwho has worked as a Democratic strategist and headed a progressive nonprofit called ACRONYM.

“The information crisis we’re in is so much bigger than politics,” McGowan said.

Good Information Inc. will acquire Courier Newsroom from ACRONYM as part of its effort to wade into local news.

Courier comes with a troubling past.

Fox News has described the company as a “far-left website” that “has managed to drive liberal messaging in key states online and on social media, with piles of cash and no financial disclosure.”

Calling Courier a “left-wing dark money operation,” Fox reported that its alleged news stories “often appear to be little more than Democratic Party talking points.”

Former Nevada Attorney General Adam Laxalt, the outside counsel for Americans for Public Trust, said the group was not a healthy addition to the media universe.

“I think it’s an unprecedented political news organization. While there are complaints of media bias, fake news, no media outlet is doing what Courier Newsroom is,” Laxalt said. “They were stood up by a large, left-of-center political world and they appear to be directly engaged in political persuasion.”

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The largest Amish community in the U.S. defeated Covid without lock downs or vaccines

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The largest Amish community in the U.S. defeated Covid without lock downs or vaccines

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Thousands of NYC police, fire, and other city workers march against mandates (video)

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