The US economy created roughly nine million net new jobs since the start of 2009. Through organic growth and acquisition, majority-owned affiliates of US multinational companies have also expanded their employment outside the US. It is...
China is important to US companies. Qualcomm gets 57% of its revenues in China, Micron 43%, Apple 23%, Jabil 21%, Boeing 13%, Wynn Resorts 60%, according to Bloomberg’s math. In the last earnings report, GM...
In the first five minutes of Singles’ Day, Chinese shoppers spent more than $1 billion on e-commerce platform Alibaba, setting the stage for new records during the world’s biggest sales promotion event. Named for the...
It is fashionable to mock the major world summits. It is also fashionable to blame globalization for all our ills. Lastly, it is fashionable to predict a China’s economic collapse. Actually, the last G20 meeting...
The systematically depreciating yuan and the house price bubbles in Chinese cities have made the elite nervous. Capital flight has become a priority. Dodging government limits on capital flight has turned into an art. And buying properties...
One may want to ignore the recent 8th BRICS summit in Goa (India) and retain only the announcement of the launch of an independent rating agency. We can also consider that the battle of Mosul...
Asia’s two economic giants viz., Japan and China shares a very intricate and crucial relationship among themselves. Though in early 1990s Japan accounted for almost 10% of the International trade it soon dwindled with a...
Americans have a saying about an 800-pound gorilla in a room. It refers to a person or organization so powerful that it can act unilaterally. The British have an expression about an elephant in a...
China wants to become a leading high-tech power by 2049. To achieve this goal, Chinese businesses are acquiring firms and know-how in the West. But many industry experts are concerned about the development. Chinese President...
European companies operating in China face a raft of tough challenges amid the ongoing slowdown in the world’s second-largest economy. Still, if allowed, most of them would like to expand their presence in the country....
For various reasons, well beyond the scope of this short note, China has amassed huge industrial capacity, well beyond its ability to absorb. In part, that is one of the challenges that the “One Belt...
Shanghai Leishang Cosmetics has said it was sorry over the controversy caused by a racist ad for one of its products. Having caused a major stir on social media it might be too little, too...