Today: 1. Jul, 2024
In a strategic shift reflecting global economic currents, the Canada Pension Plan Investment Board (CPPIB), a major global investment entity, has significantly scaled back its investments in emerging markets. Once a promising arena for growth, these markets are now seen as offering…
In an unprecedented move in the renewable energy sector, China has initiated operations at the world’s most expensive solar power facility. Covering a massive 13,333 hectares in the desert regions of northwest Xinjiang, this immense installation boasts a capacity of 3.5 gigawatts.…
In a strategic maneuver aimed at securing its foothold in advanced technologies, China has unleashed a formidable $47.5 billion investment into its semiconductor industry. This announcement arrives amidst heightened tensions spurred by the United States’ tightening grip on chip exports to China,…
China finds itself at a crossroads as it grapples with a housing crisis fueled by an oversupply of properties and economic challenges that seem to defy conventional solutions. The nation’s real estate sector, once a pillar of growth, now stands as a…
In the midst of geopolitical turbulence and economic transitions, the interplay between China and Russia has come to the fore. With Western sanctions imposed on Russia following its Ukraine incursion, the duo has embarked on a burgeoning economic alliance that could wield…
The Chinese smartphone market is witnessing a seismic shift as Huawei stages an impressive comeback while Apple grapples with declining sales. According to Counterpoint Research, Huawei’s smartphone sales surged by a staggering 70% year-on-year in the first quarter of 2024, positioning the…
U.S. Treasury Secretary Janet Yellen has sounded the alarm on China’s burgeoning overcapacity in manufacturing, highlighting potential risks to the global economy. During her recent visit to China, Yellen’s remarks underscored growing concerns about the economic fallout from China’s excessive production capabilities.…
Apple Inc. (AAPL) has been a stalwart in the technology sector, known for its iconic products and loyal customer base. Recently, a Wall Street analyst made waves by suggesting that Apple’s stock could soar to $220, a significant jump from its current…
In a significant move that underscores the deepening relationship between Indonesia and China, Indonesian President-elect Prabowo Subianto embarked on an official visit to Beijing, marking his first international trip since his victory in the February elections. This visit highlights Indonesia’s ongoing commitment…
Amidst the chatter of a potential soft landing for the global economy, experts are sounding the alarm about looming threats that could potentially destabilize the world stage. While there’s been some initial optimism fueled by declining interest rates and soaring asset prices,…
