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March 2018
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Bloomberg (March 9)

2018/ 03/ 12 by jd in Global News

“China is cracking down on pollution like never before, with new green policies so hard-hitting and extensive they can be felt across the world, transforming everything from electric vehicle demand to commodities markets.” China is now, by far, the largest global carbon emitter, but the “government is trying to change that without damaging the economy—and perhaps even use its green policies to become a leader in technological innovation.”


New York Times (March 4)

2018/ 03/ 06 by jd in Global News

“There can be little doubt now.” President Donald Trump “truly sees no danger in Mr. Xi’s ‘great’ decision to extend his own rule until death. That craven reaction is in line with Mr. Trump’s consistent support and even admiration for men ruling with increasing brutal and autocratic methods—Vladimir Putin of Russia, Turkey’s Recep Tayyip Erdogan, Rodrigo Duterte in the Philippines, to name a few.”


The Economist (March 3)

2018/ 03/ 05 by jd in Global News

“Last weekend China stepped from autocracy into dictatorship. That was when Xi Jinping, already the world’s most powerful man, let it be known that he will change China’s constitution so that he can rule as president for as long as he chooses—and conceivably for life.”0


Financial Times (February 26)

2018/ 02/ 27 by jd in Global News

“Four months after a historic Chinese Communist party congress was expected to answer most questions about Xi Jinping’s second five-year term in office, China’s president has demonstrated that he can still ‘shock and awe’ his political rivals.” The Central Committee’s recommendation to scrap the ten year presidential term limit, almost ensures this protection will be written out of the constitution, further tightening Xi’s powerful grip on China.


Bloomberg (February 23)

2018/ 02/ 24 by jd in Global News

“Beijing’s interventions in the economy don’t always merit applause, but the government’s unprecedented seizure of Anbang Insurance Group Co. deserves a round. Anbang was a toxic threat to China’s financial system.” With total assets estimated to be “a staggering 3.4 percent of China’s GDP,” Anbang had the potential to deliver a shock “comparable to Lehman Brothers Holdings Inc. or American International Group Inc. in the U.S.” Chinese authorities have “nipped a potential disaster in the bud.”


Bloomberg Businessweek (February 14)

2018/ 02/ 16 by jd in Global News

After enjoying a modest “baby bump,” births in China “are again trending down, despite the two-child policy.” Beijing’s inability “to ignite a baby boom is cause for concern in policy circles.” Recently, the China Daily, a state-owned newspaper, wrote, “There is growing concern that the country may experience a demographic time bomb, because in the decades to come the number of young people is likely to fall below the number required to maintain an optimum level of employment.” For that matter, China’s working-age population has “been shrinking since 2012 and fell by 5 million last year.”0


Bloomberg (February 8)

2018/ 02/ 11 by jd in Global News

“Boosted by an expanding middle class, India and Indonesia will enter the ranks of the five largest, as well as the fastest growing air-passenger markets by 2036. China will post the quickest passenger growth and also overtake the U.S. as the biggest air-travel market. Turkey rounds up the top five markets that are expanding at the fastest pace.”


The Economist (January 20)

2018/ 01/ 21 by jd in Global News

“China still lags far behind America in its space accomplishments, but it does not appear bent on a cold-war-style race. It spends far less on its civil space programme than the $19.7bn that NASA was allocated last year.” Still, “China is doggedly pursuing its goals” and is attuned to the progress being made by India, which “is planning its first soft-landing on the moon in March,” just four years after China’s moon landing. With India set to overtake China as the world’s most populous nation in the next four years, China is keenly aware that its still smaller neighbor is in hot pursuit.


The Economist (January 13)

2018/ 01/ 15 by jd in Global News

“To many, India feels like the heir apparent. Its population will soon overtake its Asian rival’s. It occasionally grows at the kind of pace that propelled China to the status of economic superpower.” But there is one big snag in many marketers’ dreams: India’s middle class “scarcely exists.” Only 8 million Indian adults make $20,000 annually and “the chances of India developing a middle class to match the Middle Kingdom’s are being throttled by growing inequality.”


WARC (December 11)

2017/ 12/ 13 by jd in Global News

“While China’s slowdown will continue to influence the economic landscape for other Asian markets – many marketers have seen budgets cut – bright spots are emerging, particular as India’s ‘mainstream’ consumer demographic continues to grow at pace.” Now expected to outpace China, India looks poised to add more mainstream consumers than China over the coming decade.


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