This week in economics was marked by China’s Q2 GDP miss, the looming final Fed rate hike, a potential false alarm in job market indicators, the potential ripple effects of a UPS strike, and insights…
Monthly Archives For July 2023
Why America Is Losing the Tech War with China
It is simply too late to try to suppress China. The United States must either spend seriously on research and development, along with industrial policy, or it will lose the race for …
China to be centre of Mercedes-Benz 2025 EV sales drive, Automobilwoche says
Mercedes-Benz is making China, the world’s top auto market, central to its next electric vehicle (EV) campaign starting in 2025, its CEO told German magazine Automobilwoche.
Big Pharma Bets Big on China
China remains attractive to global pharmaceutical companies even as many multinationals shift their focus elsewhere.
5 dead, 2 missing after seasonal floods hit village in eastern China
China’s state media says five people have died and two others are missing after floods caused by heavy rain hit a village in the eastern part of the country.
1 in 5 young people in China can’t find a job – and that’s a big problem for Xi Jinping
“If China relied more on consumption for demand, that would help because consumption is mostly services and sectors such as media, entertainment, education, health, finance, and telecom are where the …
Lock-up shares worth 55.6b yuan to become tradable in China
BEIJING – Lock-up shares worth around 55.6 billion yuan ($7.8 billion) will become eligible for trade on China’s bourses next week. From July 24 to July 28, about 2.73 billion shares will become …
The Power Play: Addressing China’s Aggressive Moves in Sino-U.S. Relations
While some members of the Biden Administration have called for talks with China to establish peace and de-escalation, China is past the talking stage. With the amount of power and influence China has …
China Addresses Investor Concerns in Meeting With Global Funds
Chinese regulators met with global investors on Friday, according to people familiar with the matter, stepping up the government’s bid to boost market confidence as the country’s economic recovery …
China to resume 15-day visa-free entry for Singapore, Brunei citizens
China will resume 15-day visa-free entry for citizens of Singapore and Brunei from Wednesday, its embassies in the two countries said, more than three years after the visas were suspended to stop the spread of…
Japan rallies for U.S. call to curb exports of chip gear to China
At the behest of the United States, Japan on July 23 strengthened its export regulations to block China from manufacturing cutting-edge semiconductor products.
Taiwan may be about to lose more diplomatic ground to Beijing in Central America
Nicaragua has proposed that the regional parliament, Parlacen, cancel Taipei’s permanent observer status and replace it with Beijing Guatemala is the island’s only ally in the body, but that could …
Work dries up for US consultancies in China after national security raids
In May, China’s state security services said they were investigating the industry for jeopardising national security after they carried out raids on Bain’s Shanghai office and Capvision, which specialises in connecting management consultants and investors…
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