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Sputnik — Superyacht Sales Surged in 2021 as Billionaires Added Trillions in Wealth Amid Pandemic – Report

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Are workers taking note?Sputnik InternationalSuperyacht Sales Surged in 2021 as Billionaires Added Trillions in Wealth Amid Pandemic - Reporthttps://sputniknews.com/20211109/superyacht-sales-surged-in-2021-as-billionaires-added-trillions-in-wealth-amid-pandemic---report-1090578304.htmlAlso at ATThis could benefit China. All it would lose is some low-end manufacturing, which would move to lower labor cost countries like Vietnam and Bangladesh. Two articles published by Chinese state media said it might not a bad thing that China was removed from the GSP lists of European countries.On November 5, Wei Jianguo, vice chairman of China Center for International Economic Exchanges and a former vice-minister of commerce, wrote in an article published by People.com.cn that China “graduated with

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Are workers taking note?

Sputnik International
Superyacht Sales Surged in 2021 as Billionaires Added Trillions in Wealth Amid Pandemic - Report

https://sputniknews.com/20211109/superyacht-sales-surged-in-2021-as-billionaires-added-trillions-in-wealth-amid-pandemic---report-1090578304.html

Also at AT

This could benefit China. All it would lose is some low-end manufacturing, which would move to lower labor cost countries like Vietnam and Bangladesh. 
Two articles published by Chinese state media said it might not a bad thing that China was removed from the GSP lists of European countries.

On November 5, Wei Jianguo, vice chairman of China Center for International Economic Exchanges and a former vice-minister of commerce, wrote in an article published by People.com.cn that China “graduated with distinction” in its trade development.

He said as development had increased to a level that developed countries could no longer give China preferential tariff treatment, the country’s external trade would soon enter a new phase that focused on innovative sectors.

Jeff Pao 
https://asiatimes.com/2021/11/eu-poised-to-pull-chinas-gsp-trade-privileges/
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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