Shrink News

China's economy is facing challenges due to authoritarian policies, lockdowns, and economic shifts. GDP growth, while at 6.3%, is losing momentum, and youth unemployment is high. Exports, imports, and consumer spending are down, and manufacturing and service sectors are struggling. The country's traditional growth engines of exports, real estate, and infrastructure projects are sputtering. China's attempt to boost domestic consumption hasn't yielded expected results. The appointment of Pan Gongsheng as the new central bank governor reflects Beijing's firm approach to economic challenges. Despite setbacks, China's economic power remains substantial, with a head-start over India in terms of GDP growth, per-capita income, life expectancy, and education.

Jon Abrahamsson Ring, chief executive since March, told Reuters sales at stores open for a year or more shrank around 10%, against a 1% rise the year beforeIngka Group, the main IKEA franchisee, said separately that sales at its 378 stores shrank 4% in the fiscal year to 35.2 billion euros

Two cult classics of 20th century literature offer an uncomfortable view of shrinking or diminutive men

If human beings really shrink, they would face serious challenges, including oxygen deprivation, says a new study

The average urban Indian household has shrunk from 4.85 people to 4.44 since 2005

The advance is based on a new way to connect ultrathin metal wires to the nanotubes that will make it possible to continue shrinking the width of the wires without increasing electrical resistance

Earth's gravity has influenced the orientation of thousands of faults that form in the lunar surface as the moon shrinks

Personal computing devices saw a 13% drop from the corresponding period last year

Sizes of apartments in the Mumbai metropolitan region saw the sharpest fall followed by Bengaluru, Chennai and Pune

Total fertility rate fell to 2.3 last year from 3.6 in 1991, according to official figures