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Following Donald Trump's election victory, economic experts are reassessing potential impacts on U.S. and global economies. While some anticipate a larger stimulus package in China, others emphasize the need for structural reforms to enhance competitiveness amid ongoing U.S.-China tensions. The Federal Reserve remains cautious amid Trump's promises.
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Tropical Storm Sara has caused significant flooding and landslides across Central America, particularly affecting Honduras, Belize, and Guatemala. The storm, which formed in the Caribbean, is expected to weaken as it moves toward the Yucatan Peninsula. Rainfall totals could reach up to 40 inches in some areas, raising concerns about life-threatening conditions.
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As of December 1, 2024, China has expanded its visa-free entry policy to include travelers from nine additional countries, including Japan and Romania. This move aims to boost tourism and enhance international exchanges, reflecting a strategic shift towards greater openness amidst regional tensions.
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China Telecom has partnered with major phone manufacturers to enable 423 million users to access the BeiDou SMS platform via satellite. This initiative aims to enhance communication in areas lacking mobile coverage, with full support expected in 2025. Additionally, the Long March 12 rocket successfully launched two technology demonstration satellites, marking a significant step in China's space capabilities.