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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.

 

Bloomberg (December 6)

2017/ 12/ 07 by jd in Global News

“Every bull market is unique, but the one in China right now looks downright strange. The Shanghai Composite Index has climbed 24 percent from its January 2016 low, and yet a majority of stocks in the benchmark gauge have fallen during the period.” China has become a global outlier. “For all 45 of the other national equity gauges that have climbed at least 20 percent since last January, a majority of index members have recorded gains.”

 

Wall Street Journal (December 4)

2017/ 12/ 05 by jd in Global News

As “Trump and Wilbur Ross tee up tariff brawls for the New Year,” the odds of a “coming aluminum war” increase. “Dumping investigations usually start when a company petitions the government,” but for the first time in 25 years “the Commerce Department last week announced a “dumping” investigation into Chinese aluminum imports.” The government initiated case is just “one more sign that the Trump Administration is heading toward a major escalation in trade conflict that would hurt Americans.”

 

Fortune (November 27)

2017/ 11/ 29 by jd in Global News

“Mumbai International Airport handled a combined 969 flights on Friday. That’s more than any other airport that operates a single runway has ever handled over a 24-hour period.” With 1,000 flights a day in sight, Mumbai is experiencing rising demand and India is soon “set to be world’s third largest aviation market after China and the United States.”

 

China Daily (November 9)

2017/ 11/ 11 by jd in Global News

“Although the differences that had been pestering bilateral ties have not instantly disappeared, the most important takeaway from their talks in Beijing has been the constructive approach to these issues the two leaders demonstrated…. The concordant note struck by Xi and Trump showcased not only the personal rapport they have established, but also consolidated optimism about the prospects for bilateral ties.”

 

Bloomberg (November 6)

2017/ 11/ 07 by jd in Global News

With the U.S. “hobbled by Trump,” China clearly has the “upper hand” in the upcoming negotiations. The stakes are potentially “huge, including the threat of nuclear conflict in North Korea,” as Trump sits down with China’s President Xi. The situation reminds many of 1961, when JFK was outmaneuvered by Nikita Khrushchev in Vienna. “Today’s two superpowers are coming from different directions. President Xi, consolidating his hold, probably is the most powerful Chinese leader since Mao Zedong.” Meanwhile, the American president heads a new administration “beset by chaos.”000

 

Washington Post (November 5)

2017/ 11/ 06 by jd in Global News

“While accompanied by the rhetoric of reform,” the purge in Saudi Arabia “resembles the approach of authoritarian regimes such as China. President Xi Jinping has used a similar anti-corruption theme to replace a generation of party and military leaders and to alter the collective leadership style adopted by recent Chinese rulers.” It remains to be seen whether the Crown Prince who’s pulling the strings, Mohammed bin Salman (MBS), has bitten off too much or if he will succeed with this “very risky power play.”

 

Washington Post (October 26)

2017/ 10/ 28 by jd in Global News

“While we obsess over Trump, China is making history.”

 

Forbes (October 23)

2017/ 10/ 25 by jd in Global News

“To foreign businesses seeking to stake out a spot in industries that will power China’s bold new future, Xi’s roadmap is far from reassuring: It entails a protectionist bent that will reduce their market share in the world’s second largest economy—an issue that risks driving a wedge between Beijing and Washington in Xi’s second five-year term, analysts warn.”

 

The Economist (October 14)

2017/ 10/ 15 by jd in Global News

“The world’s most powerful man” is now clearly Xi Jinping who possesses decidedly “more clout than Donald Trump.” As the U.S. abandons global leadership, Xi’s arrival on the world stage has been welcomed by many. But Xi is not a benign force. “The world should be wary” and “not expect Mr Xi to change China, or the world, for the better.”

 

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