Big Brands Pulling Out of China: What’s Behind the Massive Exit and Restructuring?As China’s consumer market falters, global firms like IBM and Din Tai Fung are restructuring or exiting, while Walmart expands.
How India's Stock Market Topped $5 TrillionThe Indian stock market's capitalization has broken through $5 trillion for the first time. It ranks fifth globally in scale, following...
Warren Buffett's Latest Gamble: $6.7 Billion Invested in Insurance GiantBerkshire Hathaway has been secretly buying stocks of the casualty insurance company Chubb since the third quarter...
Melinda Gates Leaves Gates Foundation, Pledges $12.5 Billion to Women's RightsMelinda French Gates, the ex-wife of Microsoft Corporation founder Bill Gates and co-chair of the world's largest charitable foundation...
Labor Market Stability: New Jobless Claims Unchanged at 212,000"The U.S. Department of Labor announced on the 18th (local time) that the number of new jobless claims last week (from the 7th to the 13th) was tallied at 212,000, the same as a week earlier. This falls short of the forecast of 215,000. The number of jobless claims remains low, suggesting a solid labor […]
China's $5 Trillion Evaporation: India Rises to Fourth Largest MarketOver the past three years, nearly $5 trillion has evaporated from the combined market capitalization of mainland China and Hong Kong. The market is significantly shrinking as global investors’ trust fails to recover. In contrast, the Indian stock market, classified as an emerging market, has risen to the world’s fourth-largest market over the last eight […]
Xi Jinping to Meet with U.S. CEOs at China Development Forum Amid TensionsWSJ, President Xi is expected to meet U.S. business leaders who will visit “China Development Forum (CDF)”This is seen as President Xi’s direct expression of China’s intention to open up to the outside world, even amid U.S.-China tensions Chinese President Xi Jinping. Xinhua Yonhap News Chinese President Xi Jinping is expected to meet with U.S. […]
Sanctions Showdown: U.S., EU, and China Clash Impacts Western FirmsAs Western countries and China engage in a tit-for-tat sanction battle, escalating tensions, the business environment for American and European Union (EU) companies operating in China is becoming increasingly challenging. Particularly among European companies, there is growing discontent that government regulations are overly focused on, which diminishes the competitiveness of their own businesses. According to […]
Moody's Downgrades China's Vanke Amid Real Estate Sector ConcernsA construction site of Vanke in Shanghai, China. Reuters-Yonhap Moody’s, an international credit rating agency, has downgraded Vanke, China’s second-largest real estate developer’s credit rating to “non-investment grade.” According to Bloomberg News, on the 11th (local time), Moody’s announced that it had downgraded Vanke’s rating from the lowest investment grade, Baa3, to the non-investment grade, […]
Shanghai Disneyland's Next Big Move: Another Themed Park on the HorizonPlan to add another themed park, following ZootopiaThe construction of the new hotel with 400 rooms is ongoing Shanghai Disneyland. Captured via Baidu Last year, Shanghai Disneyland, which opened the world’s first Zootopia-themed land, revealed its plan for further expansion. It was reported that the theme park, currently under construction, will enter the main construction […]
China's Military Ambitions Soar: Fourth Aircraft Carrier Possibly Nuclear-PoweredThe admiral of the Chinese People’s Liberation Army Navy declared in Hong Kong media Accelerating its military power, China did not deny the speculation that the fourth aircraft carrier currently under construction will be nuclear-powered. A senior officer of the Chinese Navy confirmed that the fourth aircraft carrier is under construction and announced that related […]
China's Call for 'National Team' to Lead Self-Reliant AI Tech PushIn China, there is a call for a national effort to achieve technological independence in line with the growth of the artificial intelligence (AI) industry. With the annual Lianghui (Chinese People’s Political Consultative Conference and National People’s Congress) approaching, discussions on fostering the AI industry are expected to intensify amidst concerns that AI technology development […]
China to Increase Defense Spending Amid US Supply Chain ExclusionImplies confrontation with technological self-relianceThe defense budget is to increase this year, tooAbolish the press conference with the Premier at the NPC closingA more solidified message is “Xi Jinping’s one-man regime.” China strongly criticized the United States for implementing policies such as supply chain separation and exclusion aimed at controlling the export of advanced technologies […]
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Big Brands Pulling Out of China: What’s Behind the Massive Exit and Restructuring? As China’s consumer market falters, global firms like IBM and Din Tai Fung are restructuring or exiting, while Walmart expands.
How India's Stock Market Topped $5 Trillion The Indian stock market's capitalization has broken through $5 trillion for the first time. It ranks fifth globally in scale, following...
Warren Buffett's Latest Gamble: $6.7 Billion Invested in Insurance Giant Berkshire Hathaway has been secretly buying stocks of the casualty insurance company Chubb since the third quarter...
Melinda Gates Leaves Gates Foundation, Pledges $12.5 Billion to Women's Rights Melinda French Gates, the ex-wife of Microsoft Corporation founder Bill Gates and co-chair of the world's largest charitable foundation...
Labor Market Stability: New Jobless Claims Unchanged at 212,000" The U.S. Department of Labor announced on the 18th (local time) that the number of new jobless claims last week (from the 7th to the 13th) was tallied at 212,000, the same as a week earlier. This falls short of the forecast of 215,000. The number of jobless claims remains low, suggesting a solid labor […]
China's $5 Trillion Evaporation: India Rises to Fourth Largest Market Over the past three years, nearly $5 trillion has evaporated from the combined market capitalization of mainland China and Hong Kong. The market is significantly shrinking as global investors’ trust fails to recover. In contrast, the Indian stock market, classified as an emerging market, has risen to the world’s fourth-largest market over the last eight […]
Xi Jinping to Meet with U.S. CEOs at China Development Forum Amid Tensions WSJ, President Xi is expected to meet U.S. business leaders who will visit “China Development Forum (CDF)”This is seen as President Xi’s direct expression of China’s intention to open up to the outside world, even amid U.S.-China tensions Chinese President Xi Jinping. Xinhua Yonhap News Chinese President Xi Jinping is expected to meet with U.S. […]
Sanctions Showdown: U.S., EU, and China Clash Impacts Western Firms As Western countries and China engage in a tit-for-tat sanction battle, escalating tensions, the business environment for American and European Union (EU) companies operating in China is becoming increasingly challenging. Particularly among European companies, there is growing discontent that government regulations are overly focused on, which diminishes the competitiveness of their own businesses. According to […]
Moody's Downgrades China's Vanke Amid Real Estate Sector Concerns A construction site of Vanke in Shanghai, China. Reuters-Yonhap Moody’s, an international credit rating agency, has downgraded Vanke, China’s second-largest real estate developer’s credit rating to “non-investment grade.” According to Bloomberg News, on the 11th (local time), Moody’s announced that it had downgraded Vanke’s rating from the lowest investment grade, Baa3, to the non-investment grade, […]
Shanghai Disneyland's Next Big Move: Another Themed Park on the Horizon Plan to add another themed park, following ZootopiaThe construction of the new hotel with 400 rooms is ongoing Shanghai Disneyland. Captured via Baidu Last year, Shanghai Disneyland, which opened the world’s first Zootopia-themed land, revealed its plan for further expansion. It was reported that the theme park, currently under construction, will enter the main construction […]
China's Military Ambitions Soar: Fourth Aircraft Carrier Possibly Nuclear-Powered The admiral of the Chinese People’s Liberation Army Navy declared in Hong Kong media Accelerating its military power, China did not deny the speculation that the fourth aircraft carrier currently under construction will be nuclear-powered. A senior officer of the Chinese Navy confirmed that the fourth aircraft carrier is under construction and announced that related […]
China's Call for 'National Team' to Lead Self-Reliant AI Tech Push In China, there is a call for a national effort to achieve technological independence in line with the growth of the artificial intelligence (AI) industry. With the annual Lianghui (Chinese People’s Political Consultative Conference and National People’s Congress) approaching, discussions on fostering the AI industry are expected to intensify amidst concerns that AI technology development […]
China to Increase Defense Spending Amid US Supply Chain Exclusion Implies confrontation with technological self-relianceThe defense budget is to increase this year, tooAbolish the press conference with the Premier at the NPC closingA more solidified message is “Xi Jinping’s one-man regime.” China strongly criticized the United States for implementing policies such as supply chain separation and exclusion aimed at controlling the export of advanced technologies […]
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