汉字News

← 汉字NewsChinese News for Learners
commerce
shāng yè
商业
·HSK 4

German economy enters recession
déguó jīngjì xiànrù shuāituì
德国经济陷入衰退
。

Germany confirmed economy contracted for second consecutive year
déguó quèkěn jīngjì liánxù dì èr nián chūxiàn wěisuō
德国确认经济连续第二年出现萎缩
。

January 30, 2024 at 2:00 PM

German economy contracted for the second consecutive year in 2024
déguó jīngjì zài èr líng èr sì nián liánxù dì èr nián chūxiàn wěisuō
德国经济在二零二四年连续第二年出现萎缩
，
officially confirmed to be in recession
bèi zhèngshì quèkěn xiànrù jīngjì shuāituì
被正式确认陷入经济衰退
。
high energy costs are the main reason for economic weakness
gāoáng de néng yuán chéngběn shì jīngjì píruò de zhǔyào yuányīn
高昂的能源成本是经济疲弱的主要原因
。
the European energy crisis after the Ukraine war dealt a heavy blow to German manufacturing
wūkèlán zhànzhēng hòu Ōuzhōu néng yuán wēijī duì déguó zhìzàoyè zàochéng chénzhòng dǎjī
乌克兰战争后欧洲能源危机对德国制造业造成沉重打击
。
declining Chinese demand further weakened German exports
zhōngguó xūqiú xiàjiàng jìnyībù xuēruò le déguó de chūkǒu
中国需求下降进一步削弱了德国的出口
。
the automotive sector faces pressure from electrification transition
qìchē xíngyè miànlín diàndònghuà zhuǎnxíng yālì
汽车行业面临电动化转型压力
。
Germany has been mockingly called the sick man of Europe
déguó bèi fěngcì de chēngwéi Ōuzhōu de bìngfu
德国被讽刺地称为欧洲的病夫
。
government stimulus measures had limited effect
zhèngfǔ jīngjì cìjī cuòshī shōuxiào shènwēi
政府经济刺激措施收效甚微
。
economists predict recovery will proceed slowly
jīngjìxuéjiā yùcè fùsū jiāng huǎnmàn jìnxíng
经济学家预测复苏将缓慢进行
。

New Words

jīngjì shuāituì
经济衰退
recession
wěisuō
萎缩
contraction
néng yuán chéngběn
能源成本
energy costs
zhìzàoyè
制造业
manufacturing
diàndònghuà
电动化
electrification
chūkǒu
出口
export
cìjī cuòshī
刺激措施
stimulus measures
fùsū
复苏
recovery
jīngjìxuéjiā
经济学家
economist
bìngfu
病夫
sick man

News in English

Business

Germany Confirms Economic Recession

Germany confirmed recession in 2024 with economy contracting for second consecutive year, affected by high energy costs and weak demand.

Germany's economy contracted for the second consecutive year in 2024, officially entering recession. High energy costs are the main reason for economic weakness. The European energy crisis following the Ukraine war dealt a heavy blow to German manufacturing. Declining Chinese demand further weakened German exports. The automotive sector faces pressure from the transition to electrification. Germany has been mockingly called the sick man of Europe. Government stimulus measures had limited effect. Economists predict recovery will proceed slowly.

More in Business

data
shùjù
数据
analysis
fēnxī
分析
company
gōngsī
公司
EXL (data analytics company)
EXL
EXL
to announce
xuānbù
宣布
to acquire
shōugòu
收购
artificial intelligence
rén gōng zhì néng
人工智能
training
xùnliàn
训练
company
gōngsī
公司
iMerit (AI training company)
iMerit
iMerit
。

Data Analytics Firm EXL to Acquire AI Training Company iMerit for Up to $310 Million

MSCI (financial data company)
Míngshèng
明晟
for / at (a price)
yǐ
以
$120 million
1.2 yì měiyuán
1.2亿美元
to acquire / acquisition
shōugòu
收购
climate
qìhòu
气候
risk
fēngxiǎn
风险
data
shùjù
数据
company
gōngsī
公司
First Street (climate data company)
First Street
First Street
。

MSCI Acquires Climate Risk Data Firm First Street for $120 Million

Samsung (company)
Sānxīng
三星
to announce
xuānbù
宣布
within ten years
shí nián nèi
十年内
in / at
zài
在
South Korea
Hánguó
韩国
to invest
tóuzī
投资
$648 billion
6480 yì měiyuán
6480亿美元
。

Samsung Pledges $648 Billion Investment in South Korea Over Next Decade

fourth
dì sì jiè
第四届
China
zhōngguó
中国
international
guójì
国际
supply chain
gōngyìng liàn
供应链
expo
bólǎn huì
博览会
in
zài
在
Beijing
běijīng
北京
opens
kāimù
开幕
。

Fourth China International Supply Chain Expo Opens in Beijing