China’s economic rise under Jiang Zemin featured lessons, warnings that still resonate today
Synopsis by SCMP Dec 05 22
China’s embrace of change in critical times – with bold economic ...Read full article 
SCMP: China’s economic rise under Jiang Zemin featured lessons, warnings that still resonate today
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| Last Updated | Dec 05 22 |
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Quick Glance: Apple removes WhatsApp and Threads in China
- Apple removes Meta-owned apps under Chinese government pressure.
- Apps delisted due to 'national security concerns'.
- Chinese users now unable to download Western social media apps.
- Apple faces declining iPhone sales in China despite branding efforts.
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- The US and the EU are preparing new sanctions on the Islamic republic to deter conflict escalation with Israel, facing challenges due to Iran's successful circumvention of sanctions, especially with China being its primary customer.
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China is moving towards full monetary independence: The country needs to inflate away its high debt burden
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- EU's concerns focus on the launch of TikTok Lite, especially on a reward-linked engagement feature that could have a negative impact on young people's mental health.
- The EU has requested TikTok to provide more information on the risk assessment of the new program and the measures to mitigate systemic risks.
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China expels teacher for pushing for students to use Tibetan language: Authorities interrogated him several times before suspending his teaching license.
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IMF Says US, China Debt Pose Risks for Global Public Finances: The world’s two great economic rivals, China and the US, will drive much of the increase in global ...
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China warns west of ‘survival of the fittest’ as manufacturing boosts economy: Trading partners fear factory boom could trigger supply shock after first-quarter ...
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Germany’s doomed China strategy: The corporatist spell must soon break
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Biden sells blue-collar workers the American Dream of a failing China: In some of his harshest comments ever made about China, Biden called the country ...
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"Expand or die": China's solar companies now also want Western state aid: China is flooding the world with cheap, heavily subsidized solar modules ...
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Act fast or fall behind China, US for good, EU leaders told | kuwaittimes: Act fast or fall behind China, US for good, EU leaders told - Business - BRUSSELS: ...
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Analyst who correctly predicted Apple’s stock drop reboots price target: Here's what could happen to Apple's shares next.
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Exclusive: US plans to restore tariffs on dominant solar technology, sources say: The Biden administration is expected to grant a request by South Korea’s Hanwha ...
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China slams U.S. probe into its shipbuilding industry, says move is a 'mistake on top of a mistake'
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US deficit poses ‘significant risks’ to global economy, warns IMF: Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy
ft.com/content/0d098011-0ff5-4125-8cbb-5a5b281c9bd0
Quick Glance: IMF Warns of Fiscal Deficits in US and China
- The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.
- Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.
- In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.
- The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.
IMF Warns Surge in U.S., China Debt Could Have ‘Profound’ Impact on Global Economy
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Million-Dollar Jobs for Star Analysts at Risk in China Research Pullback: Brokerage analysts in China are confronting a harsh new reality.
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Apple might start making iPhones in Indonesia, CEO Tim Cook says: Apple's chief executive met with Indonesia's president as the company continues a manufacturing ...
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ASML Q1 bookings miss forecast, but China sales hold up: ASML , the largest supplier of equipment to computer chip makers, reported weaker than expected ...
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Oil prices dip as demand concerns outweigh Middle East supply fears: Oil prices eased in early trade on Wednesday as worries about global demand due to weak ...
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Japan’s China Reckoning: Why Tokyo Must Strengthen Its Ties to Democratic Allies: Why Tokyo must strengthen its ties to democratic allies.
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- The direct clash between powerful militaries showcased Israel's defense and Iran's display of power.
- Despite minor damages and injuries, the question remains whether this attack signifies further escalation or the start of a war.
- The missile and drone strikes resulted in minimal damage, with Israel and allies successfully intercepting most projectiles.
And Scholz smiles painfully: The chancellor in China: three bitter insights: It's good that Chancellor Olaf Scholz traveled to China. Unfortunately ...
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Quick Glance: Scholz Organizes Crisis Diplomacy in China
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- China trip focusing on economy and geopolitical role, despite dilemma in relations.
- Business delegation accompanies Scholz, de-risking in other countries, export wave heading towards Germany.
- Scholz aims to influence China regarding Ukraine conflict and Iran crisis, despite existing dependencies.
At Chinese trade fair, exporters despair their goods are 'as cheap as cabbage': Wu Huazhan's Chinese television factory used to impose minimum orders to manage ...
reuters.com/markets/commodities/chinese-trade-fair-exporters-despair-their-goods-are-as-cheap-cabbage-2024-04-16/
LVMH shares rise after luxury giant's Q1 sales offer element of reassurance: LVMH shares rose on Wednesday, after first quarter sales figures from the world's ...
reuters.com/business/retail-consumer/lvmh-shares-rise-after-luxury-giants-q1-sales-offer-element-reassurance-2024-04-17/
Morgan Stanley, HSBC cutting dozens of Asia investment banking jobs as deals slump
channelnewsasia.com/business/morgan-stanley-hsbc-china-cutting-dozens-asia-investment-banking-jobs-layoffs-4271861
Russia is sure to lose in Ukraine, reckons a Chinese expert on Russia: Feng Yujun says the war has strained Sino-Russian relations
economist.com/by-invitation/2024/04/11/russia-is-sure-to-lose-in-ukraine-reckons-a-chinese-expert-on-russia
Humble China street vendor makes sacrifices to support academically gifted daughters who gain PhD and master’s degree
scmp.com/news/people-culture/trending-china/article/3256292/humble-china-street-vendor-makes-sacrifices-support-academically-gifted-daughters-who-gain-phd-and
China's federation promises action after half marathon debacle: The Chinese Athletics Association (CAA) has vowed to strengthen the supervision of its ...
reuters.com/sports/athletics/chinas-federation-promises-action-after-half-marathon-debacle-2024-04-17/
Quick Glance: Investigation Launched After Beijing Half Marathon Finish
- Following the finish of the Beijing Half Marathon, the results are now under scrutiny due to the peculiar behavior displayed by three runners from Kenya and Ethiopia.
- A Chinese runner overtook the others, as seen in a recorded livestream of the Beijing Half Marathon. The remaining three runners - Willy Mnangat and Robert Keter from Kenya, and Dejene Hailu from Ethiopia - followed closely behind, with He claiming the first place.
- The organizers of the half-marathon are currently examining the results after a video of the finish circulated online, prompting many to question the intention of the three African runners to slow down.
- The winner secured the first place with a time of 1 hour 3 minutes 44 seconds. Mnangat, Keter, and Hailu shared the second place, one second later.
China's Q1 GDP growth surpassed expectations, data shows: China's economy grew faster than it was forecast in the first quarter, data released on Tuesday ...
foxbusiness.com/economy/chinas-q1-gdp-growth-surpassed-expectations-data-shows
Tokyo Electron expected to see profit rebound on AI demand: TOKYO -- Japanese manufacturers of chipmaking equipment such as Tokyo Electron are attracting analyst ...
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What China’s central bank and Costco shoppers have in common: Hint: it is not a fondness for cryptocurrencies
economist.com/finance-and-economics/2024/04/11/what-chinas-central-bank-and-costco-shoppers-have-in-common
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