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  • Check-up on China’s economy | Financial Times
    Economy News

    Check-up on China’s economy | Financial Times

    April 17, 2023 /

    This article is an on-site version of our The Week Ahead newsletter. Sign up here to get the newsletter sent straight to your inbox every Sunday Hello and welcome to the working week. With the first quarter of 2023 out of the way, now for the data chronicling how the companies and countries have fared so far. On Tuesday the one to watch will be China’s first-quarter GDP report. Beijing rounded off 2022 with a run of disappointing growth figures, ending the year with slightly more than 3 per cent annual growth. But now that China has lifted Covid-19 restrictions many are hoping the economy can make up lost ground…

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    Francis McGee Comments Off on Check-up on China’s economy | Financial Times

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    Is California’s economy heading for a recession?

    Is California’s economy heading for a recession?

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    So maybe the economy won’t tank after all?

    So maybe the economy won’t tank after all?

    January 8, 2023
    Studies underscore oil and gas industry’s significant impact on North Dakota’s economy, communities

    Studies underscore oil and gas industry’s significant impact on North Dakota’s economy, communities

    March 8, 2023
  • China’s New Premier Courts Foreign CEOs With Vow to Open Economy
    Economy News

    China’s New Premier Courts Foreign CEOs With Vow to Open Economy

    March 28, 2023 /

    (Bloomberg) — Premier Li Qiang vowed that China will open up broader to the outside environment and set up a “broad space” for foreign providers to create in the Asian country. Most Go through from Bloomberg “China’s economic climate has deeply built-in into the world wide program,” Li informed foreign attendees of the China Enhancement Forum on Monday, according to condition broadcaster China Central Tv. “China will unswervingly stick to opening up, no matter of variations to the worldwide surroundings.” The country’s expansion will present new momentum for the world economic climate, he included. The reviews underscore Beijing’s force to assure buyers of its financial restoration and commitment to worldwide…

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    Francis McGee Comments Off on China’s New Premier Courts Foreign CEOs With Vow to Open Economy

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    US interest rate rises coming? Economics news to read this week

    US interest rate rises coming? Economics news to read this week

    March 12, 2023
    Mayor Wu Announces Corean Reynolds as Director of Nightlife Economy for the Economic Opportunity & Inclusion Cabinet

    Mayor Wu Announces Corean Reynolds as Director of Nightlife Economy for the Economic Opportunity & Inclusion Cabinet

    February 23, 2023
    Economic optimism and worry on Thanksgiving

    Economic optimism and worry on Thanksgiving

    November 28, 2022
  • China’s Automotive Slowdown: Tesla And The EV Startups (NASDAQ:TSLA)
    Automotive

    China’s Automotive Slowdown: Tesla And The EV Startups (NASDAQ:TSLA)

    March 11, 2023 /

    Xiaolu Chu Introduction The sales year started off with a whimper. First, the covid stimulus package for the auto industry – a cut from June 1-Dec 31 of the car sales tax from 10{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} to 5{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} – expired. Those planning to buy cars in early 2023 instead made their purchases last year. In addition, the Chinese central government has been winding down its incentives for New Energy Vehicles (NEVs) for several years. They, too, expired at the end of 2022. That pulled planned NEV sales from 2023 into 2022, over and above the impact of the covid tax cut. In other words, electric vehicle (“EV”) sales in late 2022 were…

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    Francis McGee Comments Off on China’s Automotive Slowdown: Tesla And The EV Startups (NASDAQ:TSLA)

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    From Car Videos To Car Auctions To Car Empires

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    J.D. Power: EVs affordable with tax incentives and more supply

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    March 30, 2023
    Hyundai speeds up software fix for theft-targeted vehicles

    Hyundai speeds up software fix for theft-targeted vehicles

    April 18, 2023
  • Chill pervades China’s tech firms even as crackdown eases
    Technology News

    Chill pervades China’s tech firms even as crackdown eases

    February 4, 2023 /

    HONG KONG (AP) — A grinding crackdown that wiped billions of pounds of worth off Chinese technology businesses is easing, but the once-freewheeling field is bracing for considerably slower growth ahead. Analysts say China’s easing of limitations on companies like e-commerce giant Alibaba and on the net online games enterprise Tencent and speak of guidance for the non-public sector displays Beijing’s selection to refocus on expansion soon after the overall economy was ravaged by the pandemic and limits imposed to struggle COVID-19. But controls on web information r emain firmly in location. And the crackdown has remaining a “chilling” influence on the market, likely slowing innovation, whilst U.S. constraints versus…

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    Francis McGee Comments Off on Chill pervades China’s tech firms even as crackdown eases

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    CFTC appoints crypto execs to its Technology Advisory Committee

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    March 15, 2023
    News: NATO and Bosnia and Herzegovina strengthen science and technology cooperation , 17-Jan.-2023

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    January 18, 2023
  • China’s real estate crisis isn’t over yet, IMF says
    Real Estate News

    China’s real estate crisis isn’t over yet, IMF says

    February 3, 2023 /

    China’s authentic estate industry has slumped in the last two decades soon after Beijing cracked down on developers’ significant reliance on debt for advancement. Long term Publishing | Upcoming Publishing | Getty Pictures BEIJING — China demands to do extra in get to correct its authentic estate issues, the Global Financial Fund reported Friday. The residence sector contributes to about a quarter of China’s GDP and has been a drag on growth, particularly given that Beijing cracked down on developers’ superior reliance on financial debt in 2020. Chinese authorities started off to simplicity limitations on funding for the sector over the last quite a few months. “Authorities’ modern coverage measures…

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    Francis McGee Comments Off on China’s real estate crisis isn’t over yet, IMF says

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    National home prices just bottomed out, says real estate data juggernaut CoreLogic

    National home prices just bottomed out, says real estate data juggernaut CoreLogic

    April 12, 2023
    Housing market disaster brewing according to ‘Big Short’ investor

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    April 7, 2023
    Seattle-based Zillow, Redfin post losses after housing market slowdown

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    February 19, 2023
  • Covid, Red Tape, High Prices Challenge China’s Great Reopening
    Travel News

    Covid, Red Tape, High Prices Challenge China’s Great Reopening

    February 3, 2023 /

    The Year of the Rabbit, which commenced final 7 days, is affiliated with positivity, caution, intelligence, deftness and self-security. These are all virtues multinational travel professionals will have to have as they navigate their travelers’ return to the world’s next-biggest economic system now that it has at last reopened following a few decades of Covid-induced isolation. Will The Return of Chinese Outbound Travelers Inflate Resort Fees Worldwide? A big concern for all journey managers to take into account, even if their enterprise under no circumstances visits China, is whether the return of the world’s biggest outbound journey marketplace will push up hotel premiums all over the world. Chinese vacationers invested…

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