Hard Numbers: China’s trade slumps, Huawei embarrasses Biden, EU problems are in the air, Russians share biggest concerns, Nigerian opposition loses challenge

A crane unloads a container on a truck at the Port of Lianyungang in Lianyungang city, east China's Jiangsu province
A crane unloads a container on a truck at the Port of Lianyungang in Lianyungang city, east China's Jiangsu province
Oriental Image
4: China’s exports have now fallen for four straight months, as the rest of the world keeps buying less and less Chinese stuff – in part because of higher interest rates. Taken together with sluggish demand from consumers at home and jitters about the vast Chinese property market, the woes of the world’s second largest economy are mounting fast.

7: It’s not all bad for Beijing though. Chinese tech giant Huawei’s new smartphone has everyone from Silicon Valley to the White House asking: how’d they do that? That’s because it runs on a cutting edge 7-nanometer thick microchip. But last year the US slapped trade restrictions on China that were meant to stop Beijing from being able to make precisely this kind of advance in microchips. Experts say it’s too soon to tell whether China can sustainably mass produce the 7nm chips, but the fact they can make them at all is a blow to the Biden Administration’s China policy.

98: What’s the air like in Europe these days? Not as good as you might think. New satellite data show that 98% of the EU’s population lives in places where air pollution levels exceed the WHO’s recommended limits. The findings come as the European Parliament prepares to vote on new air quality rules.

53: What keeps Russians up at night? A new poll by the independent Levada Center shows that the top concern is inflation, with 53% of respondents upset about price growth. Corruption and the war in Ukraine tied for second at 29% apiece. In dead last place, with just 3%, was “human rights.” Can polling in Russia be trusted? We answered that here.

100: On the 100th day of Nigerian President Bola Tinubu’s term, an appeals court struck down the opposition’s challenges to the legitimacy of the election that put him in power. Tinubu has moved fast early in his tenure, slashing fuel subsidies and imposing economic reforms that have boosted investor confidence but hurt ordinary Nigerians struggling with sky-high fuel prices.

More from GZERO Media

- YouTube

What will President-Elect Donald Trump’s election win mean for the US economy? After years of inflation and stagnating wage growth, millions of voters elected Trump off the back of his promise to usher in a “golden age of America.” Trump has vowed to raise tariffs, slash business regulation, and deport millions of undocumented immigrants, policies he says will put Americans first. But what will that mean practically for workers and consumers? On GZERO World, Ian Bremmer is joined by Oren Cass, the founder and chief economist of the conservative think tank American Compass, who thinks Trump’s tariff plan will be a step in the right direction.

This week, in GZERO Daily, we will be rolling out our top political game changers of the year. Stay tuned, and check back here on Friday for our Top 10.

Syrian refugees in Ankara, Turkey, celebrate the fall of Syrian President Bashar al-Assad on Dec. 8, 2024.

Diego Cupolo/NurPhoto via Reuters

The toppling of Bashar Assad’s regime in Syria could significantly impact the future of Syrian refugees, in both neighboring states and beyond.

French President Emmanuel Macron shakes hands with US President-elect Donald Trump as he arrives for a meeting at the Elysee Palace in Paris as part of ceremonies to mark the reopening of the Notre-Dame de Paris Cathedral, in Paris, on Dec. 7, 2024.
REUTERS/Sarah Meyssonnier

Forget the Eras Tour: From Paris to New York City, US President-elect Donald Trump had a whirlwind weekend.

South Koreans hold a mass rally demanding the impeachment and imprisonment of President Yoon Suk-Yeol near the National Assembly in Seoul, South Korea, on Dec. 7.
Lee Jae-Won/AFLO via Reuters

President Yoon Suk Yeol survived this weekend's impeachment vote because fellow conservatives, in a show of unity, walked out of the National Assembly on Saturday. But his People Power Party is pushing for Yoon's resignation and an end to the chaos. We delve into what the coming weeks will mean for Yoon, South Korea, and the region.

As you start checking off everyone on your holiday shopping list, it’s important to remember that more online shopping means more opportunities for cyber scams. But don’t let the Grinch steal your holiday cheer! It’s time to make a list of essential cybersecurity tips — and check it twice — to ensure a safe and merry shopping experience. Unwrap some festive tips to keep your holiday season jolly and scam-free.

Listen: Donald Trump has promised to fix what he calls a broken economy and usher in a “golden age of America.” He’s vowed to implement record tariffs, slash regulation, and deport millions of undocumented immigrants. But what will that mean practically for America’s economic future? On the GZERO World Podcast, Ian Bremmer is joined by Oren Cass, founder and chief economist at the conservative think tank American Compass, to discuss Trump’s economic agenda and why Cass believes it will help American workers and businesses in the long run.