Bloomberg (August 31)
“BYD Co.’s overseas revenue exceeded what it made at home for the first time, helping end one of the company’s longest profit slumps and illustrating why Chinese carmakers have no choice but to try their luck outside of the world’s largest auto market.” Annual vehicle sales in China’s “vast” market are twice as high as the U.S. Despite that scale, however, China’s market “has become so brutal that not even its national champion can count on making money there. That’s why Chinese carmakers have increasingly turned abroad, where they can charge more for their vehicles, to make money despite ongoing geopolitical risks.”
Tags: Abroad, Auto market, Brutal, BYD, Carmakers, Charge more, China, Geopolitical risks, Largest, National champion, Overseas, Profit slump, Revenue, Scale, Vast, Vehicle sales
Bloomberg (March 6)
“However California’s next monumental blaze begins, the toll will be vast. People will be injured, some will die. Thousands of homes will be destroyed. When the smoke clears, the most populous US state, home to Hollywood, Silicon Valley and a real estate market worth more than $9 trillion, will be ground zero for a sweeping financial crisis.”
Tags: $9 trillion, Blaze, California, Destroyed, Die, Ground zero, Hollywood, Homes, Injured, Monumental, Real estate market, Silicon Valley, Smoke, Toll, U.S., Vast
WARC (July 23)
“China’s census, conducted once every decade, reveals the demographic trends of its vast and vibrant market, and brands that react quickly and demonstrate cultural relevance to these developments will be the most successful.”
Tags: Brands, Census, China, Cultural relevance, Demographic trends, Market, React, Successful, Vast, Vibrant
