Bloomberg (December 18)
“The U.S. launched yet another broadside at China’s technological ambitions this week by blacklisting more than 60 Chinese companies…. While the action will be painful, over the longer term it could be a shot in the arm.” The restrictions may very well “help make China great again.” Under this “massive pressure, Chinese tech giants finally have an incentive to use and improve local suppliers.”
Tags: Ambitions, Blacklisting, Broadside, China, Incentive, Painful, Pressure, Restrictions, Suppliers, Tech giants, U.S.
Bloomberg (December 4)
“Chinese scientists claim to have built a quantum computer that is able to perform certain computations nearly 100 trillion times faster than the world’s most advanced supercomputer, representing the first milestone in the country’s efforts to develop the technology.” This would be “exponentially faster than existing supercomputers.”
Tags: Advanced, China, Faster, Milestone, Quantum, Scientists, Supercomputer, Technology
WARC (December 3)
With the “coronavirus in check,” China’s economy “is showing increasing signs of recovery.” This now extends to alcohol sales. “As social distancing rules and dining out restrictions are eased, brewers and distillers report increased demand, and the Chinese consumer, it seems, has a thirst in particular for premium brands.” The “growing penchant for premium products” is happily in step with the Government, which is promoting them as “a key driver of the country’s economic recovery.”
Tags: Alcohol, Brewers, China, Consumer, Coronavirus, Demand, Dining out, Distillers, Eased, Economy, Recovery, Restrictions, Sales, Social distancing
Reuters (October 19)
“China’s economic recovery accelerated in the third quarter as consumers shook off their coronavirus caution, although the weaker-than-expected headline growth suggested persistent risks for one of the few drivers of global demand.”
Tags: Caution, China, Consumers, Coronavirus, Drivers, Expected, Global demand, Growth, Persistent, Recovery, Risks, Weaker
WARC (July 30)
“With India’s government reported to be considering a ban on more Chinese apps, advertisers are having to re-evaluate their media strategies… Brands that have successfully leveraged TikTok in India… will need to figure out if their TikTok audiences can be replicated on platforms like Instagram Reels, Roposo or Chingari.”
Tags: Advertisers, Apps, Ban, China, Chingari, Government, India, Instagram Reels, Media strategies, Platforms, Roposo, TikTok
WARC (July 21)
“High levels of concern over COVID-19 come as countries struggle to contain virus outbreak in tandem with the slow reopening of their economies. While 77% of respondents in China were worried, 90% of respondents were also confident about their country’s ability to deal with the virus compared the global percentage of 36%. In India, 53% of respondents were confident, down from a high of 64% in previous surveys, while Japan had the lowest confidence level at 19% but was up from a low of 11%.”
Tags: China, Concern, Confident, Contain, COVID-19, India, Outbreak, Reopening, Struggle, Virus, Worried
Wall Street Journal (July 9)
“Slack Chinese imports are a symptom of the underlying reason China’s trade surpluses, not just with the U.S. but the world, persist: China consumes too little and saves too much.” Though China’s surpluses have shrunk as a share of GDP, due a decade of explosive GDP growth, the surpluses “remain enormous.” Domestic “consumption is still under 40% of Chinese GDP, one of the lowest ratios among major economies. The persistence of those imbalances is why trade conflicts aren’t about to go away even if Mr. Trump isn’t re-elected.”
Tags: China, Conflicts, Consumption, GDP, Growth, Imbalances, Imports, Saves, Slack, Trade surpluses, Trump, U.S.
Wall Street Journal (July 2)
“China’s decision to impose its national-security law on Hong Kong is a seismic event that goes well beyond the sad fate of its 7.5 million people. The illegal takeover shows that Beijing’s Communist rulers are willing to violate their international commitments with impunity as they spread their authoritarian model.”
Tags: Beijing, China, Commitments, Communist, Fate, Hong Kong, Illegal, Impunity, National-security law, Rulers, Seismic, Takeover, Violate
The Economist (June 16)
“India and China have their first deadly clashes in 45 years.” Although “artillery and tanks” stayed quiet, front-line soldiers engaged wielding “only sticks and stones.” When “the final rocks had been thrown, at least 20 Indian troops lay dead….Chinese casualties are unknown.” The hostilities are “a sign of worrying military escalation between Asia’s giants.”
Tags: Artillery, Casualties, China, Clashes, Escalation, Front-line, Hostilities, India, Soldiers, Sticks, Stones, Tanks
Bloomberg (June 15)
With the U.S. and China poised for a “Great Decoupling,” many American “executives worry they will be shut out of what remains the world’s most promising market. The more the U.S. blocks the export of components like semiconductors and jet engines to China, and imposes tough sanctions on anyone who violates such bans, the more it will force not just Chinese companies to stop buying American components but those from third countries aiming to sell to China.”
Tags: Bans, China, Executives, Exports, Great Decoupling, Jet engines, Market, Promising, Sanctions, Semiconductors, U.S.
