Institutional Investor (November 7)
Vanguard’s departure from China, after selling its 49% stake in its joint venture to Ant in October, was such big news because it “illustrates the challenges facing foreign asset managers in China, where the opportunities are plentiful, but so are the obstacles.” Other struggling foreign asset managers may choose to utilize the cover of Vanguard’s departure to reduce their own presence in China.
Tags: Ant, Challenges, China, Departure, Foreign asset managers, Joint venture, Obstacles, Opportunities, Presence, Struggling, Vanguard
Washington Post (October 9)
“Quantum research still has plenty of obstacles to overcome before it reaches widespread use. But banks, health-care companies and others are starting to run experiments on the quantum internet. Some industries are also tinkering with early-stage quantum computers to see whether they might eventually crack problems that current computers can’t, such as discovering new pharmaceuticals to treat intractable disease.”
Tags: Banks, Companies, Computers, Early-stage, Health care, Industries, Internet, Obstacles, Overcome, Quantum, Research, Tinkering
Washington Post (June 29)
“The road to a successful reopening of the U.S. economy is strewn with hopeful intentions — and formidable obstacles. The biggest and most important obstacle is a surge in new coronavirus cases, which presumably will lead to more hospitalizations and more deaths as well as more firms shutting down.”
Tags: Coronavirus, Deaths, Economy, Formidable, Hopeful, Hospitalizations, Intentions, Obstacles, Reopening, Successful, Surge, U.S.
Vox (November 15)
Prime Minister Theresa May “and the EU are desperately trying to avoid a no-deal scenario. After months of stalled negotiations, the two sides finally thought they had reached a breakthrough this week that solved some of the thorniest issues of the divorce, and provided for a transition period so they could work out a future trade deal…. But the latest dramatic resignations reveal the obstacles that May faces in finalizing the withdrawal.”
Tags: Breakthrough, Desperate, EU, May, Negotiations, No-deal, Obstacles, Resignations, Trade deal, Transition, Withdrawal
Financial Times (October 27)
Investment flows with China “are becoming unsustainably one-sided,” an imbalance that cannot endure. “There is no problem in Chinese companies buying abroad — but Beijing sets up big obstacles at home.” Either China will open up inward investment or the West will clamp down on China’s outward investment.
Wall Street Journal (October 7)
“Nine and a half of every 10 of the world’s consumers resides somewhere other than America, so arrangements like the TPP that break down obstacles to trade and investment are crucial to prosperity at home. The question is whether this TPP is the best the U.S. can do.”
Tags: Consumers, Investment, Obstacles, Prosperity, TPP, Trade, U.S.
The Economist (November 16, 2013)
“Xi Jinping has made himself the most powerful leader since Deng Xiaoping. That is probably a good thing.” His predecessor Hu Jintao proved unable to surmount the numerous obstacles to real reform. President Xi will need this increased muscle to overcome entrenched interests. “Too many people do too well out of today’s system to make change easy,” but change it should.
Tags: Deng Xiaoping, Entrenched interests, Hu Jintao, Leader, Obstacles, Power, Reform, Xi Jinping
