Bloomberg (February 19)
China’s Communist Party appears poised to “play a bigger role in steering its vast technology industry, the latest sign that Beijing intends to exert more influence over swathes of the world’s No. 2 economy.” In response, shares in the nation’s listed chipmakers “slid more than 2% as investors pondered the ramifications of greater state control, which has yielded mixed results so far.”
Tags: Beijing, China, Chipmakers, Communist party, Influence, Investors, Mixed results, No. 2 economy, Ramifications, Shares, State control, Steering. Technology industry
Newsweek (April 30)
“Familiar alarm bells sounded in Japan this month as year-end population figures and new projections combined to paint an uncertain future for Asia’s No. 2 economy.” The latest figures show a “12th consecutive annual decline” with the nation’s population standing “at 124.94 million for the year to October, a decrease of over half a million people from 2021.” Moreover, “the working population, aged 15 to 64, fell to 74.2 million, and those above 65 reached 36.23 million—both respective records.” Japan is approaching the “point of no return.”
Tags: 124.94 million, Alarm bells, Asia, Decline, Decrease, Japan, No. 2 economy, Point of no return, Population, Projections, Records, Uncertain future