- Voters soundly reject Gabrielle Hanson, other MAGA candidates in historic Franklin, Tennessee election News Channel 5 Nashville
- Franklin mayoral candidate Gabrielle Hanson alleges voting machine issues amid election, city shuts accusations down WSMV 4
- Results for the Franklin Mayoral and At-Large Aldermen races are finalized News Channel 5 Nashville
- Franklin, Tennessee election: Voters give mayor a mandate for sanity Tennessean
- Clueless MAGA Candidate Tells Voters to Break the Law on Election Day The Daily Beast
- View Full Coverage on Google News
Tag Archives: soundly
China’s retail sales, industrial data soundly beat expectations
Citizens buy food at a street stall in Chengdu, Sichuan province, China, on June 22, 2021.
Future Publishing | Future Publishing | Getty Images
BEIJING — China reported Tuesday better-than-expected growth in retail sales, fixed asset investment and industrial production to start the year.
The data releases combine the two months of January and February as is the Chinese statistics bureau custom to avoid distortions from the Lunar New Year holiday, which can fall in either month depending on the year.
Retail sales grew by 6.7% year-on-year, topping expectations of analysts polled by Reuters for growth of 3% from a year ago. Furniture was the only category within retail sales to decline, down 6%. Petroleum products and gold, silver and jewelry saw the greatest increases.
Fixed asset investment rose by 12.2%, well above the forecast for a 5% increase. Within fixed asset investment, that in high-tech manufacturing saw one of the largest increases, up by 42.7%. Infrastructure investment grew by 8.1%. Investment in real estate development rose by 3.7%, even as commercial floor space sold fell by 9.6%.
Industrial production also beat, up by 7.5% versus expectations of 3.9% growth.
The unemployment rate in cities edged up to 5.5% in February from January, with that of those aged 16 to 24 remaining far higher at 15.3%.
“The national economy sustained steady recovery, the production demand grew fast, employment and prices were generally stable, new driving forces continued to develop, and high-quality development made new progress,” the statistics bureau said in a statement.
Last week, China’s central government announced an official GDP target of “around 5.5%” for the year.
Many economists said the target is ambitious, especially after a resurgence in Covid cases forced factories to halt production.
The new restrictions hit major cities like Shenzhen and Shanghai in the worst wave of the pandemic the country has seen since the initial shock just over two years ago.
NYC mayoral election: Democrat Eric Adams soundly defeats Republican Curtis Sliwa
Democratic candidate Eric Adams won New York City’s mayoral election on Tuesday night, soundly defeating Republican challenger and “Guardian Angels” founder Curtis Sliwa in a race to determine who will lead the nation’s most populous city.
Adams, the current Brooklyn borough president, was overwhelmingly favored to win the election since defeating 12 other Democratic candidates in a primary election over the summer. Registered Democrats outnumber Republicans by approximately seven-to-one in New York City.
ELECTION DAY: VIRGINIA, NEW JERSEY HOLD KEY GOVERNOR ELECTIONS SEEN AS BIDEN REFERENDUM: LIVE
Eric Adams, Brooklyn borough president and Democratic candidate for New York City mayor speaks during a debate with Republican candidate for New York City mayor Curtis Sliwa at the ABC 7 studios in New York, Tuesday, Oct. 26, 2021. (Eduardo Munoz/Pool Photo via AP)
A former police captain, Adams will become the second Black mayor in New York City’s history. He has pledged to crack down on violent crime while overhauling law enforcement tactics, though he has resisted calls from some city Democrats to “defund” the police.
Adams will also be tasked with leading New York City’s ongoing economic recovery from the COVID-19 pandemic, which forced many businesses to shut down for months. As the economy reopens, businesses are attempting to navigate new challenges posed by opposition to vaccination mandates and an ongoing labor shortage.
Republican candidate for New York City mayor, Curtis Sliwa, right, and Eric Adams, Brooklyn borough president and Democratic mayoral candidate smile after a debate at the ABC-7 studios in New York, Tuesday, Oct. 26, 2021. (Eduardo Munoz/Pool Photo via AP)
(AP )
A surge in crime during the COVID-19 pandemic was the key issue during the mayoral campaign, with both candidates pledging their tactics would result in less gun violence and safer streets.
Sliwa called for increased funding and hiring for the New York City Police Department and sought to portray Adams as a close ally of outgoing mayor Bill de Blasio, who is leaving office due to term limits. The Guardian Angels founder also spoke out against vaccination mandates for public workers and a proof-of-vaccination requirement for customers at restaurants and entertainment venues, which Adams supports.
CLICK HERE TO GET THE FOX NEWS APP
NEW YORK, NEW YORK – JULY 07: Republican nominee for the 2021 New York City mayoral election Curtis Sliwa attends the “Hometown Heroes” Ticker Tape Parade on July 07, 2021 in New York, New York. Healthcare Workers, first responders and essential workers were honored in Manhattan’s Canyon of Heroes for their service during the Covid-19 pandemic. (Photo by Cindy Ord/Getty Images)
(Photo by Cindy Ord/Getty Images)
A final debate between the two candidates turned heated last month, with Adams and Sliwa trading personal attacks. Polling data showed Adams with a commanding lead in the days prior to the election.
The Associated Press contributed to this report.