The Ecoomist (October 13)
Politicians, economists, investors and others have long argued whether China’s economy is “a bubble waiting to burst” or “a sustainable success.” The argument is shifting, however, as “a new debate is now emerging, which is potentially far nastier. Much of the world falls into one camp: admiring China’s accomplishments, but also reeling from a deluge of Chinese exports. In the other camp is China, utterly convinced of the rightness of its economic model.”
Tags: Accomplishments, Admiring, Argument, Bubble, Burst, China, Convinced, Debate, Deluge, Economists, Economy, Emerging, Exports, Investors, Nastier, Politicians, Reeling, Rightness, Success, Sustainable
Wall Street Journal (March 21)
“At this point you have to ask: Is China’s economy real anymore?” While recent “economic news out of Beijing sounds so good,” it is driven by non-sustainable “subsidies for upgrades of business and household equipment.” Mr. Xi has fallen “back on the export dependence that so irritates trading partners while leaving China’s economy as vulnerable as ever to foreign protectionism.”
Tags: Beijing, Business, China, Economy, Equipment, Export dependence, Household, Irritates, Protectionism, Subsidies, Sustainable, Trading partners, Upgrades, Vulnerable, Xi
WARC (October 12)
“After a pandemic-driven boom, luxury sector growth rates are slowing and returning to something approaching the long-term norm.” Ultimately, a “slowdown had to come at some point – 20% growth rates are not sustainable for an extended period – but the question now being asked is how far the pendulum might swing in the opposite direction, especially as ‘aspirational’ buyers at the bottom end of the market cut back.”
Tags: Aspirational buyers, Boom, Cut back, Growth rates, Luxury sector, Pandemic, Slowdown, Sustainable
Seattle Times (September 27)
“Built to carry nine passengers and one or two pilots,” the flight demonstrated “the potential for an electric commercial commuter aircraft flying a few hundred miles between cities at an altitude of around 15,000 feet.” Clearly, “the technology is pioneering and puts this region at the forefront of efforts to develop a zero-emission, sustainable era in aviation.” The larger question, however, is “whether it can deliver the economic returns necessary to become a commonplace mode of air travel.”
Tags: Aircraft, Aviation, Commercial, Commuter, Economic returns, Electric, Flight, Forefront, Passengers, Pilots, Pioneering, Potential, Sustainable, Technology, Zero-emission
Harvard Law School Forum on Corporate Governance (September 18)
ESG “is not a unitary principle or even a collection of a fixed set of particular principles. Rather, ESG encapsulates the range of risks that all corporations must carefully balance, taking into account their specific circumstances, in seeking to achieve long-term, sustainable value.” The ESG label may be new, but “corporate boards and management have long considered ESG factors and risks in setting and executing strategy…. Doing so is associated with superior financial results, and consistent with long-accepted norms as to the place of business in society.”
Tags: Balance, Boards, Circumstances, Corporations, ESG, Financial results, Fixed, Management, Principle, Range, Risks, Society, Strategy, Sustainable, Value
Bloomberg (February 14)
“Japan’s largest money managers appear to have come to a consensus about where to allocate their sustainable investment portfolios: anywhere but Japan. The country’s four largest ESG funds have put at least 95% of their net assets in foreign stocks… devoting only a small fraction of their 1.4 trillion yen ($12.1 billion) to domestic holdings.”
Tags: Consensus, Domestic holdings, ESG funds, Foreign stocks, Investment portfolios, Japan, Money managers, Net assets, Sustainable
The Oregonian (April 22)
Lawmakers in Oregon may pass “a bill that would require owners of new, fuel-efficient cars and trucks to pay a fee for every mile they drive beginning in 2026. The legislation is intended to help address what transportation officials say is a grim financial reality facing Oregon and other states: Gas taxes are not a sustainable way to pay for highway and street maintenance projects.”
Tags: Cars, Fee, Fuel-efficient, Gas taxes, Highway, Lawmakers, Legislation, Oregon, Street, Sustainable, Transportation, Trucks
The Oregonian (April 22)
Lawmakers in Oregon may pass “a bill that would require owners of new, fuel-efficient cars and trucks to pay a fee for every mile they drive beginning in 2026. The legislation is intended to help address what transportation officials say is a grim financial reality facing Oregon and other states: Gas taxes are not a sustainable way to pay for highway and street maintenance projects.”
Tags: Cars, Fee, Fuel-efficient, Gas taxes, Highway, Lawmakers, Legislation, Oregon, Street, Sustainable, Transportation, Trucks
