Example collocations logo

Trillion in sentence

2031 examples of Trillion in a sentence

Backed by $3.8 trillion in currency reserves, China has provided infrastructure investment in exchange for commodities, thereby becoming the world’s largest provider of financing for developing countries, with the China Development Bank already offering more loans than the World Bank.
In fact, ECB President Mario Draghi signaled a willingness to expand his institution’s balance sheet by a massive €1 trillion ($1.25 trillion).
Their aggregate GDP stands at around $11 trillion, or about 80% of the US level.
The collective dollar value of BRIC consumers is estimated conservatively at just over $4 trillion, possibly $4.5 trillion.
The US consumer market is worth more than double that – around $10.5 trillion – but BRIC consumer power is currently growing at an annual rate in dollar terms of around 15%, which means an annual rate of roughly $600 billion.
If this pace is maintained, BRIC consumers will be adding another $1 trillion to the global economy by the middle of this decade.
While a 2017 World Bank study puts the price at around $225 billion, more recent assessments suggest a total closer to $400 billion; others expect the sum to approach $1 trillion.
Beyond the moral imperative, there is a strong financial argument in favor of the transition to a circular economy – namely, the promise of over $1 trillion in business opportunities.
China’s existing portfolio of some $3 trillion worth of dollar bonds and other foreign securities exposes it to two distinct risks: inflation in the United States and Europe, and a rapid devaluation of the dollar relative to the euro and other currencies.
Indeed, China’s total annual imports amount to roughly $1.4 trillion, or nearly 40% of GDP.
Defense and Democracy in AmericaLOS ANGELES – The failure of the US Congressional Joint Committee on Deficit Reduction to reach agreement on budget cuts now sets the stage for $1.2 trillion in automatic reductions to begin in January 2013.
One is rising leverage, which has increased globally by about $70 trillion since 2008, largely (though not entirely) in China.
According to the Bank for International Settlements, central banks’ combined asset holdings in the major advanced economies (the US, the eurozone, and Japan) expanded by $8.3 trillion over the past nine years, from $4.6 trillion in 2008 to $12.9 trillion in early 2017.
Over the same nine-year period, nominal GDP in these economies increased by just $2.1 trillion.
That implies a $6.2 trillion injection of excess liquidity – the difference between the growth in central bank assets and nominal GDP – that was not absorbed by the real economy and has, instead been sloshing around in global financial markets, distorting asset prices across the risk spectrum.
With more than $6 trillion of excess liquidity still sloshing around in global financial markets, that courage cannot be found soon enough.
China’s GDP is projected to catch up to that of the US and Europe in 10-15 years, at which point (if not sooner) both Chinese and US real GDP will exceed $25 trillion (in 2012 prices), more than three times China’s current GDP.
The Chinese government estimates that as much as one-third of a total of $3 trillion in local-government debt will not be repaid, forcing the central government to cover the costs.
New York City has around 8.4 million people, but the NYC metropolitan area has roughly 25 million people, with an economy estimated at about $1.4 trillion per year.
For a decade or so, many in the US have claimed that China’s categorization as a developing country, and the resulting favorable treatment it enjoys at the WTO, do not reflect the true strength of an economy whose goods exports amount to $2 trillion, or 11% of world trade.
Of the $6.5 trillion spent annually on healthcare, an estimated $455 billion is lost, misused, or stolen.
Moreover, China sits on roughly $3.3 trillion in foreign-exchange reserves – much of it in dollars, but also in other major currencies – owing to its large trade surplus in recent decades.
A bipartisan committee has to propose $1.5 trillion in deficit reduction by the end of this year, and Congress must either accept that proposal, or see immediate, politically painful expenditure cuts, which would include defense spending – an area that America’s Republicans care about strongly.
The McKinsey Global Institute, in a study of post-crisis debt trends, notes that gross debt has increased about $60 trillion – or 75% of global GDP – since 2008.
While the global economy may seem to be recovering from the recent crises, it remains fraught with risk, stemming from the $750 trillion in liquidity – up $50 trillion since 2006 – sloshing around in speculative markets.
The China Investment ChallengeNEW YORK – China now sits atop $2.4 trillion in foreign-exchange reserves, the largest stockpile of any country in the world (Japan stands in second place with $1 trillion).
Consider this simple fact: Tripling mobile Internet access over the next 15 years could make the developing world $22 trillion richer.
The study by Auriol and Fanfalone shows that increasing mobile broadband about three-fold in developing regions – from 21% to 60% – will cost a substantial $1.3 trillion, as a significant amount of extra infrastructure is needed to establish about three billion more Internet connections.
Over the coming decades, the total benefit would reach about $22 trillion.
While the tariffs signified that the United States was no longer playing by the rules of the world trading system, they targeted just $45 billion of imports, less than 0.25% of GDP in an $18.5 trillion US economy.
BackNext