Bersatu's accounts frozen more than 2 weeks ago, says MACC chief
https://www.freemalaysiatoday.com/category/nation/2023/02/01/bersatus-accounts-frozen-more-than-2-weeks-ago-says-macc-chief/
It is believed that the freeze is related to the MACC's probe on government funds amounting to RM92.5 billion of pandemic stimulus funds that were allegedly misappropriated.
Dr. Wada in Japan advocates calling people over 70 years old as “fortunate people” rather than “elderly people”. He summed up the secret of 70-year-olds becoming “lucky ones” into “42 sentences”
Seniors over the age of 70 do not need regular physical examinations because the “standard of health” varies from person to person. He also said: “Don’t believe what doctors say.” This is because doctors are in contact with “patients”, so they do not understand what health is. At the same time, he also opposes the long-term use of multiple drugs by the elderly, and advocates “only take necessary drugs when necessary.” In other words, “taking medicine to prevent something” makes little sense. According to this point of view, the elderly do not need to take sleeping pills frequently. Loss of sleep time as you age is a natural phenomenon, and no one dies from insomnia. 24 hours a day, sleep whenever you want, wake up whenever you want, this is the privilege of the elderly. In addition, the cholesterol level that the elderly are generally worried about, even if it is high to a certain extent, there is no need to worry. Because cholesterol is the raw material for the body to generate immune cells. The more immune cells, the lower the risk of cancer in older people. in addition, part of the male hormone is also composed of cholesterol. If the cholesterol level is too low, men’s physical and mental health will be unsustainable. Likewise, high blood pressure doesn’t matter at all. More than 50 years ago, human malnutrition was widespread. So, when blood pressure reaches around 150, the blood vessels burst. But very few people are malnourished these days, so even blood pressure over 200 won’t cause a blood vessel to burst. Dr. Wada summed up the secret of 70-year-olds becoming “fortunate people” into “42 sentences”, as follows: 1, Keep walking 2 Take a deep breath when you feel irritable 3. Exercise so that the body does not feel stiff 4. Drink more water when the air conditioner is on in summer 5. The more you chew, the more energetic your body and brain will be 6 Memory declines not because of age, but because of long-term non-use of the brain 7. No need to take a lot of medicine 8. No need to deliberately lower blood pressure and blood sugar levels 9 Only do what you love, not what you hate 10. No matter what, don’t stay at home all the time 11. Eat whatever you want, the fat body is just right 12. Do everything meticulously 13. Don’t deal with people you hate 14. Rather than fighting the disease to the end, it is better to live with it 15. “The car must have a way to the front of the mountain” is the magic spell to make the old man happy 16 You can’t fall asleep and don’t force it 17. Doing happy things is best for boosting brain activity 18. Find a “family doctor” early 19. Don’t be overly patient or force yourself, there is nothing wrong with being a “bad old man” 20. Stop learning and you will grow old 21. Don’t be greedy for vanity, it’s good to have everything you have now 22. Innocence is the privilege of the elderly 23. The more troublesome things are, the more interesting they are 24. Do what is good for others 25. Live leisurely today 26. Desire is the source of longevity 27 Live as an optimist 28. Cheerful people will b popular. 29. The rules of life are in your own hands 30. Accept everything calmlyπππ
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As the world still grapples with supply-chain backlogs (partially) caused by China’s strict Covid-19 policies, it has become painfully obvious how vulnerable the global economy is to national or even regional disruptions, especially if they happen in China, the world’s number one supplier of goods.
Over the past few decades, China has grown to become the world’s manufacturing hub and largest goods exporter by a significant margin, turning it from emerging market into economic superpower. According to estimates from the IMF’s latest World Economic Outlook, the country will account for 18.8 percent of the world’s GDP based on purchasing power parity (PPP). That’s up from just 8.1 percent two decade ago, when both the United States and the EU were miles ahead of China’s economic output.
Over the past 20 years, both the U.S. and the European Union have seen their economic superiority challenged, as new powers, such as China, India and others have emerged. While the U.S. saw its share of global GDP decline from 19.8 to 15.8 percent between 2002 and 2022, the EU’s share dropped from 19.9 to 14.8 percent of the same period.
The gap between China, the U.S. and the EU will likely widen over the next few years, as the economic outlook for the latter two is cloudy with a chance of recession, while China is expected to continue growing at mid-single-digit growth rates.
By Felix Richter
Steady trade: Workers use computer terminals to monitor remote operations at a container port in Tianjin. China has now become a major trading partner for more than 140 countries and regions, with its total trade of goods up 7.7% y-o-y in 2022, topping the world for six consecutive years. — AP
Annual average growth of 4.5% between 2020 and 2022, outpacing the world average of around 2%
BEIJING: In its three-year-long fight against Covid-19, China posted outstanding results in economic development and epidemic control, reinforcing its status as a leading engine for the global economy. From 2020 to 2022, China’s economy posted an annual average growth of 4.5%, outpacing the world average of around 2%, according to Yuan Da, director of the Department of National Economy of the National Development and Reform Commission. In 2022, the economy grew 3% year-on-year (y-o-y) to a record high of 121 trillion yuan (US$18 trillion or RM76.3 trillion), with the increment standing at 6.1 trillion yuan (RM3.8 trillion), equivalent to the economic aggregate of a medium-sized country. It also marks a new and higher level in terms of economic aggregate after the Chinese economy topped the thresholds of 100 trillion yuan (RM62.5 trillion) and 110 trillion yuan (RM68.8 trillion) in 2020 and 2021, respectively – maintaining its position well as the world’s second-largest economy. Analysts attributed the hard-won results to the country’s effective coordination in fighting Covid-19 and its economic fallouts simultaneously. Thanks to effective virus control and timely pro-growth policies, China’s economy has quickly emerged from the epidemic-induced slump and consolidated its recovery momentum for a brighter outlook. To cope with the constantly evolving epidemic situation, China has been dynamically optimising its control measures while enhancing the treatment and vaccination capacity, effectively safeguarding the lives and health of its 1.4 billion population at minimum costs.As of Jan 13, 92.9% of the Chinese population has been fully vaccinated, with more than 90% of people above 60 covered by vaccination. With Omicron much less pathogenic and deadly, China, in December last year, announced ten new measures to lift numerous Covid-19 restrictions. On Jan 8, its management of Covid-19 was officially downgraded from Class A to Class B. Less than one month after the optimisation of Covid-19 response measures in December 2022, China reported declining numbers of fever patients and critical Covid-19 cases as both had passed the peak. In the just-concluded Spring Festival holiday, China’s consumption made a strong comeback. During the week-long holiday, sales revenue of China’s consumption-related sectors rose 12.2% from the same holiday period in 2022. Its cinemas sold 129 million tickets, generating a whopping revenue of 6.76 billion yuan (RM4.2bil), the second highest-grossing to date. Wen Bin, the chief economist with China Minsheng Bank, said that warming demand at home would propel the turnaround in the Chinese economy this year and estimated the country’s full-year gross domestic product growth at around 5.5%. Aside from the overall economic growth, China also made significant headway in maintaining consumer price stability, guaranteeing food and energy security, and improving people’s livelihoods. In 2022, China’s consumer price index grew by 2%, a fraction of the increases reported in the United States, the eurozone and Britain. It is also lower than those of other emerging economies. Amid a global food crisis, the country has secured a bumper harvest for the 19th year in a row, with its grain output at about 686.53 billion kg in 2022, up 0.5% from 2021. A total of 11.86 million, 12.69 million, and 12.06 million new urban jobs were created in 2020, 2021, and 2022, respectively, all surpassing the targets set for each year. Despite the gloomy global investment environment, China remains one of the most attractive investment destinations in the world. Foreign direct investment in the Chinese mainland, in actual use, expanded 6.3% y-o-y to 1.23 trillion yuan (RM768.8bil) in 2022. China has now become a major trading partner for more than 140 countries and regions, with its total trade of goods up 7.7% y-o-y in 2022, topping the world for six consecutive years.Recently, multiple international investment banks and financial institutions, including Morgan Stanley, Goldman Sachs, HSBC, Barclays, and Natixis, have upwardly revised their forecast for China’s economic growth rate in 2023, betting on the country’s rosy prospects and strong resilience. — Xinhua
