World Economic Forum speakers at Davos expressed optimism for short-term global economic growth in the wake of China’s reopening following the easing of strict “zero COVID” measures.
Monthly Archives For January 2023
The U.S. Companies With the Most to Lose From China’s Shrinking Population
Apple, Tesla, Starbucks, as well as casino giants and semiconductor makers, will likely see their China business decline as the country’s population shrinks and ages.
Chinese edtech QuantaSing sets terms for proposed $41M US IPO
QuantaSing Group (QSG) has set terms for a proposed $41M initial public offering, joining a growing list of Chinese edtechs seeking US listings. Load Error The Beijing-based company said that it …
China’s hospital COVID death data just a 10th of total toll, experts say
The nearly 60,000 COVID-related deaths China reported for the first five weeks of its current outbreak, the largest the world has ever seen, may underestimate the true toll …
Feds drop charges against NYPD officer accused of spying for China
Federal prosecutors have dropped the case against Baimadajie Angwang, an NYPD officer accused of spying on the Tibetan immigrant community for the Chinese government.
Doctors in China discouraged from citing COVID as a reason for patients dying amid outbreak
Doctors in China received a hospital notice discouraging them from writing COVID-related illnesses as to why patients are dying. Instead, physicians should cite any underlying diseases.
Biden, Kishida held ‘very productive’ talks on China export controls
U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida held “very productive” talks last week on semiconductor-related export controls on China, White House Indo-Pacific coordinator Kurt …
Report: China’s new Covid wave to derail tourism this year
Global inflation, residual effects of Russia-Ukraine war and China’s new Covid-19 wave have been cited in a forecast report as some of the issues that will affect tourism this year. The global report predicts a…
Graeber: China’s reopening and geopolitics to drive oil this week
The end of China’s strict COVID-19 restrictions and the potential for further aggression from Russia should be the factors driving the price of oil this week, analysts said. China during the weekend said more than…
Home and Away: Bank of Japan, China Data, Davos Distract From Bank Earnings as Yields Rise, Stocks Retreat
Market Open) Following Friday’s mixed earnings performance from four of the largest U.S. banks, Tuesday kicked off with more mixed results from two closely followed names in investment banking. That, …
The Problem(s) With China’s Population Drop
In any case, it’s clear that China’s population is or soon will be at a peak; the best bet is probably that population has been falling for several years. But why consider this a problem?…
U.S.-China trade is close to a record, defying talk of decoupling
Trade between the U.S. and China is on track to break records, a signal of resilient links between the world’s top economies amid the heated national security rhetoric in Washington and fears of …
Davos Latest: China Underscores Message of Cautious Optimism
Chinese Vice Premier Liu He joined a chorus of cautious optimism from the global elite in Davos by projecting that the world’s second-largest economy will normalize as Covid restrictions ease.
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