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WARC (July 30)

2020/ 07/ 31 by jd in Global News

“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.”

 

WARC (July 21)

2020/ 07/ 23 by jd in Global News

“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%.”

 

Wall Street Journal (July 9)

2020/ 07/ 10 by jd in Global News

“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.”

 

Wall Street Journal (July 2)

2020/ 07/ 03 by jd in Global News

“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.”

 

The Economist (June 16)

2020/ 06/ 17 by jd in Global News

“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.”

 

Bloomberg (June 15)

2020/ 06/ 16 by jd in Global News

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.”

 

The Economist (June 6)

2020/ 06/ 08 by jd in Global News

“Until recently, conventional wisdom held that Hong Kong’s position would be assured for 20-30 years…. But the trade war, a year of street protests and China’s iron-fisted response to them raise new questions about Hong Kong’s durability.” So far, there is little evidence of capital flight, but the territory must again rise to the challenge or “its time as a global financial centre really will be up.”

 

Wall Street Journal (May 3)

2020/ 05/ 04 by jd in Global News

“Global brands are hoping China’s gigantic consumer market will help rekindle growth as the world tries to recover from the coronavirus pandemic. They are facing an uphill battle.” Despite “seeing a solid bounceback in China… a full return to normal, much less growth, is proving harder because so many people have lost jobs and income, or want to save more.”

 

Wall Street Journal (April 23)

2020/ 04/ 25 by jd in Global News

“As U.S.-China tensions increase, the chance of a miscalculation grows,” especially in the South China Sea. “China’s recent behavior has badly damaged its claims to be a global stakeholder that plays by the rules. The U.S. is right to make clear that it remains a Pacific power and that the coronavirus hasn’t lessened its resolve.”

 

Chicago Tribune (April 20)

2020/ 04/ 21 by jd in Global News

J.B. Pritzker, the Illinois governor, has done “more than this inadequate and lame leader in Washington. Pritzker has donated $2 million of his own personal money, as well as is dealing with China directly to get PPE supplies instead of waiting on this dysfunctional administration. He has taken the bull by the horns to try and save people.”

 

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