China's Xi meets U.S. executives as businesses navigate bilateral tensions:
cnbc.com/2024/03/27/chinas-xi-meets-us-execs-as-businesses-navigate-bilateral-tensions.html
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TikTok ban: ByteDance would rather shut app down than sell, insiders say: TikTok owner ByteDance would prefer shutting down its loss-making app rather than sell ...
scmp.com/news/world/united-states-canada/article/3260400/tiktok-ban-bytedance-would-rather-shut-app-down-sell-insiders-say
Quick Glance: TikTok Ban Threat: ByteDance Prefers Closure Over Sale, Insiders Say
- ByteDance, the owner of TikTok, would prefer to shut down its loss-making app rather than sell it if all legal options to fight legislation to ban the platform from app stores in the US are exhausted, said four sources.
- TikTok accounts for a small share of ByteDance’s total revenues and daily active users, so the parent would rather have the app shut down in the US in a worst-case scenario than sell it to a potential American buyer, they said.
- ByteDance would not agree to sell one of its most valuable assets – its “secret source” – to rivals, said the four sources, referring to the TikTok algorithm.
- After facing challenges regarding bans, the short-form video app has encountered partial and attempted prohibitions in the US and other nations.
ByteDance would shut down TikTok in US rather than sell it, sources say: App’s ‘secret source’ algorithm reportedly core to operations of parent company ...
theguardian.com/technology/2024/apr/25/bytedance-shut-down-tiktok-than-sell
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
China Vows to Act After US Calls for Tariffs on Steel Products: China slammed a US plan to impose new restrictions on its steel and aluminum products ...
bloomberg.com/news/articles/2024-04-18/china-vows-to-act-after-us-calls-for-tariffs-on-steel-products
TSMC plans third fab in Phoenix, increases investment to $65 billion: At $65 billion, TSMC ’s investment is the largest foreign direct investment in a greenfield ...
azbigmedia.com/business/economic-development/tsmc-plans-third-fab-in-phoenix-increases-investment-to-65-billion/
Quick Glance: Billion-Dollar Deal Strengthens US Semiconductor Production and National Security
- The world's largest chipmaker is planning cutting-edge facilities in Arizona with substantial subsidies.
- From 2028, TSMC will produce its most advanced products in Arizona to boost US semiconductor production.
- The $65 billion investment in the US drives 2nm chip production and enhances national security.
- This move supports the goal of relocating 20% of global advanced semiconductor manufacturing onshore by 2030.
China's iPhone-Making Dominance May Be Coming to an End: India is offering lucrative manufacturing support programs to attract companies like Apple that want to ...
newsweek.com/china-india-apple-decline-supply-chain-decoupling-1891076
China rejects further restraints on trade with Russia ahead of top US envoy’s arrival in Beijing
scmp.com/news/china/diplomacy/article/3260105/china-rejects-further-restraints-trade-russia-ahead-top-us-envoys-arrival-beijing
Through Aramco, Peak China courts Peak Oil: Exchanges between China and Arab states stretch back centuries along the ancient Silk Road. More recently ...
reuters.com/breakingviews/through-aramco-peak-china-courts-peak-oil-2024-04-26/
China’s Economy, Propelled by Its Factories, Grew at Start of Year: China’s big bet on exports has helped to counteract its housing slowdown ...
nytimes.com/2024/04/15/business/china-gdp-q1.html
China says EU subsidy probes interfere with China, Europe cooperation: Subsidy investigations started by the European Union interfere with the mutually ...
reuters.com/world/china/china-says-eu-subsidy-probes-interfere-with-china-europe-cooperation-2024-04-11/
House approves bill to possibly ban TikTok in the US within a year: Legislation that could ban TikTok in the US unless it cuts ties with its Chinese parent ...
scmp.com/news/china/article/3259773/house-approves-bill-possibly-ban-tiktok-us-within-year
TikTok owners say they have no plans to sell US business and ‘would prefer shutdown’
independent.co.uk/tech/tiktok-ban-us-bytedance-shutdown-sale-b2535186.html
US commerce secretary downplays chip in advanced Huawei phone: The chip powering the Mate 60 Pro phone of sanctioned Chinese company Huawei is not as advanced as ...
reuters.com/technology/us-commerce-secretary-downplays-chip-advanced-huawei-phone-2024-04-21/
‘Perfect landing spot.’ Apple plans to spend more in Vietnam as it looks beyond China
cnn.com/2024/04/18/tech/apple-vietnam-supply-chain-china/
China blows off EU turbine probe as an ill wind: The European Union was accused by Beijing of protectionism after it launched an anti-subsidy investigation into ...
asiatimes.com/2024/04/china-blows-off-eu-turbine-probe-as-an-ill-wind/
China's policy to boost demand by $700 billion will have a 'bigger and bigger' impact, official says
cnbc.com/2024/04/12/chinas-policy-to-boost-demand-by-700-billion-will-have-a-bigger-and-bigger-impact-official-says.html
Country on track to become high income nation
by decade-end: SINGAPORE: Malaysia is on track to become a high-income nation by the end of the decade ...
thestar.com.my/business/business-news/2024/04/09/country-on-track-to-become-high-income-nation-by-decade-end
China steels itself for new front in trade war after US proposes tariffs on metals
scmp.com/economy/china-economy/article/3259517/china-steels-itself-new-front-trade-war-after-us-proposes-tariffs-metals
Janet Yellen says she won't rule out possible tariffs on China's green exports: Treasury Secretary Janet Yellen said Monday that she would not rule out any ...
cnbc.com/2024/04/08/yellen-says-she-wont-rule-out-possible-tariffs-on-chinas-green-exports.html
India’s difficult business environment is improving : The changes are allowing Indian firms to become more dynamic
economist.com/special-report/2024/04/22/indias-difficult-business-environment-is-improving
China Offers Drivers Up to $1,380 to Trade in Their Old Cars: China will give a one-time subsidy of as much as 10,000 yuan ($1,380) to consumers who trade in ...
bloomberg.com/news/articles/2024-04-26/china-offers-drivers-up-to-1-380-to-trade-in-their-old-cars
Red tape, corruption undermine foreign businesses’ confidence: Report - Economy - The Jakarta Post
thejakartapost.com/business/2024/04/24/red-tape-corruption-undermine-foreign-businesses-confidence-report.html
India’s leaders must deal with three economic weaknesses: For growth to become more sustainable, it needs to be broader based
economist.com/special-report/2024/04/22/indias-leaders-must-deal-with-three-economic-weaknesses
Nigeria eyes fresh $10bn investment in 0il & gas sector: The FG is aiming to attract about $10bn worth of investment through the signing of the consolidated ...
punchng.com/nigeria-eyes-fresh-10bn-investment-in-0il-gas-sector/
India Optimistic in EV Push, Claims Automakers Will Take Advantage of New Policies
techtimes.com/articles/304022/20240426/india-optimistic-ev-push-claims-automakers-will-take-advantage-new-policies.htm
Nigeria needs good tax system to attract foreign investment – CITN: The Chartered Institute of Taxation of Nigeria has said that there is a need for a good tax ...
punchng.com/nigeria-needs-good-tax-system-to-attract-foreign-investment-citn/
Supply Chain Latest: Chinese Exporters Brush Off Trump Tariff Threats: Chinese producers and their partners abroad don’t sound too worried about Donald Trump’s ...
bloomberg.com/news/newsletters/2024-04-24/supply-chain-latest-chinese-exporters-brush-off-trump-tariff-threats
IMF urges Nigeria, others to improve education investment: The International Monetary Fund has called on Nigerian and other sub-Saharan African countries to ...
punchng.com/imf-urges-nigeria-others-to-improve-education-investment/
Exclusive: ByteDance prefers TikTok shutdown in US if legal options fail, sources say
reuters.com/technology/bytedance-prefers-tiktok-shutdown-us-if-legal-options-fail-sources-say-2024-04-25/
Artisan Global Value Fund Q1 2024 Commentary: The MSCI World Index’s 10-year compound annual return is 9%; this quarter it gained 9%.
seekingalpha.com/article/4686046-artisan-global-value-fund-q1-2024-commentary
Trade deal with Japan will boost Bangladesh's post-LDC success: For the first time, there will be an Economic Partnership Agreement with a country with a major ...
thedailystar.net/opinion/views/news/trade-deal-japan-will-boost-bangladeshs-post-ldc-success-3592676
Net FDI in India dips to $14.55 billion in April 2023-Februray 2024: FDI in India: In the same period last year (April 2022-February 2023), FDI inflows were at ...
business-standard.com/economy/news/net-fdi-in-india-dips-to-14-55-billion-in-april-2023-februray-2024-124042300883_1.html
We’ve lifted barriers to foreign investment, Somalia PM says: Move gives foreigners the green light to fully own their investments, repatriate capital and enjoy ...
nation.africa/africa/news/we-ve-lifted-barriers-to-foreign-investment-somalia-pm-says-4602422
US business group says policy ‘inconsistency’ hurting China investment: AmCham China highlights concerns about lack of regulatory clarity as Beijing seeks to ...
ft.com/content/849d5186-f955-43e5-90a5-e0968118fcce
'Chaotic era' for Asian currencies: Bank of America is not bullish on any of them
cnbc.com/2024/04/24/bank-of-america-not-bullish-on-asian-currencies-cites-chaotic-era.html
Tensions between Beijing, Washington biggest worry for US companies in China: A report by the American Chamber of Commerce in China says that simmering tensions ...
apnews.com/article/china-foreign-business-biden-7ca061b49b1c1d3d42cbf7e5dfb760c8
Chinese electric vehicle suppliers prefer tech tieups, shun 'risky' JVs: Chinese EV manufacturers: China is the largest cell and battery manufacturer in the ...
business-standard.com/economy/news/chinese-suppliers-for-ev-shun-risky-jvs-prefer-technology-tie-ups-124042201121_1.html
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B-READY for business: India's investment culture needs strengthening
business-standard.com/opinion/editorial/b-ready-for-business-124042201205_1.html
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Greek Rural Development Minister visits Beijing to boost agricultural exports: Greece’s minister of rural development and food, Lefteris Avgenakis ...
ekathimerini.com/economy/1237056/greek-rural-development-minister-visits-beijing-to-boost-agricultural-exports/
Why Are Americans Souring on Foreign Investment?: The official warm welcome that foreign investors receive in the U.S. may not be matched by common sentiment ...
thediplomat.com/2024/04/why-are-americans-souring-on-foreign-investment/
FDI in Waterford: Sanofi’s strong partnership with the southeast: Sanofi is one of the largest employers in the southeast, and site head Amy Brennan says the ...
businesspost.ie/commercial-reports/fdi-in-waterford-sanofis-strong-partnership-with-the-southeast/
[In This Economy] A counter-rejoinder in the economic charter change debate: I’m glad that there’s now a proper debate on economic charter change ...
rappler.com/voices/thought-leaders/in-this-economy-counter-rejoinder-economic-charter-change-debate/
![[In This Economy] A counter-rejoinder in the economic charter change ...](/web/db/posts/44955/44955927.jpg)
Foreign Investment in China Falls With Cloud Over Growth Outlook: Foreign investment into China slowed for a third straight month in March compared to the same ...
bloomberg.com/news/articles/2024-04-19/foreign-investment-in-china-falls-with-cloud-over-growth-outlook
China to impose anti-dumping duties on Taiwan polycarbonate from Saturday - Focus Taiwan
focustaiwan.tw/cross-strait/202404190015
IDA warns Ryan damaging Ireland’s FDI ‘credibility’ over data centre uncertainty: Inward investment agency complained about ‘uncertainty and conflicting signals ...
businesspost.ie/news/ida-ireland-said-eamon-ryan-was-damaging-irelands-fdi-credibility-over-data-centre-uncertainty/
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China's foreign investment inflows fall 26.1% despite 'openness' vows: HONG KONG -- China's inbound foreign investment shrank 26.1% on the year in the ...
asia.nikkei.com/Economy/China-s-foreign-investment-inflows-fall-26.1-despite-openness-vows
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China denounces U.S. shipbuilding probe as politically motivated 'mistake' - UPI.com
upi.com/Top_News/World-News/2024/04/18/denounces-US-shipbuilding-investigation/4401713424204/
Centre Notifies New FDI Rules For Space Sector Ahead Of Elon Musk's Visit: The notification comes days ahead of the scheduled visit of Tesla CEO Elon Musk ...
ndtv.com/business-news/centre-notifies-new-fdi-rules-for-space-sector-ahead-of-elon-musks-visit-5463497
The renegotiation debate of the 2016 Petroleum Agreement: What are the considerations? - Guyana Chronicle
guyanachronicle.com/2024/04/17/the-renegotiation-debate-of-the-2016-petroleum-agreement-what-are-the-considerations/
Express View on FDI in space: Opening up: Liberal FDI regime is of a piece with India's growing stature as a space-faring nation ...
indianexpress.com/article/opinion/editorials/express-view-on-fdi-in-space-opening-up-9278413/
Why Are Americans Souring on Foreign Investment?: The official warm welcome that foreign investors receive in the U.S. may not be matched by common sentiment ...
thediplomat.com/2024/04/why-are-americans-souring-on-foreign-investment/
China’s economy: A brighter future ahead: Economic data shows China’s Economy goes on a steady trajectory to further growth. As of 2023 ...
monitor.co.ug/uganda/oped/commentary/china-s-economy-a-brighter-future-ahead-4591798
ADB forecasts developing Asia’s economy to grow 4.9% in 2024: Developing Asia’s growth this year is expected to be slightly stronger than previously forecast as ...
gulftoday.ae/business/2024/04/11/adb-forecasts-developing-asias-economy-to-grow-49-in-2024
Quick Glance: ADB Forecasts Developing Asia Growth at 4.9% in 2024, Risks Persist
- ADB raised its growth forecast for Developing Asia to 4.9% in 2024, highlighting ongoing challenges like escalating geopolitical tensions.
- China remains a concern for regional growth due to a prolonged property crisis and other issues.
- The ADB predicts regional inflation to decrease to 3.0% by 2025.
- Detailed GDP growth and inflation forecasts for various Asian countries were also provided.
China focus of US intelligence report: Bringing Taiwan to the World and the World to Taiwan
taipeitimes.com/News/editorials/archives/2024/04/17/2003816521
When Elon Musk lands in India, the red carpet for Tesla — and a few red flags: Under pressure in China where local players have outsmarted him ...
indianexpress.com/article/business/when-elon-musk-lands-in-india-the-red-carpet-for-tesla-and-a-few-red-flags-9270304/
Nearly 46 FDI proposals pending: DPIIT writes to 17 govt departments: Of these 46 proposals, 27 have also received comments from the Ministry of Home Affairs ...
business-standard.com/economy/news/nearly-46-fdi-proposals-pending-dpiit-writes-to-17-govt-departments-124041600909_1.html
Paid articlePaid Behind the EU’s New Probe Into China’s Green Tech Subsidies: The latest probe is just the beginning of EU efforts to adjust to a “new world” focused on economic ...
thediplomat.com/2024/04/behind-the-eus-new-probe-into-chinas-green-tech-subsidies/
Japan targets India and Southeast Asia to recruit tech workers: TOKYO -- Japan's Cabinet Office held a working group meeting on Wednesday that aims to ...
asia.nikkei.com/Spotlight/Japan-immigration/Japan-targets-India-and-Southeast-Asia-to-recruit-tech-workers
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Have FDI flows slowed in FY24?: News reports have flagged signs of a deepening slowdown. But inflows remain strong, although underlying push and pull factors ...
financialexpress.com/opinion/have-fdi-flows-slowed-in-fy24/3455520/
North Carolina governor to welcome historic visitor at mansion: Japan's Prime Minister Kishida
apnews.com/article/north-carolina-japan-prime-minister-visit-22d8ab8893b4818c0de2d01b90790028
Collective Newsroom’s other cofounder, Sanjoy Majumder, said employees are “anxious” but it’s helped that the new company is led by the same management team ... Show more
Collective Newsroom’s other cofounder, Sanjoy Majumder, said employees are “anxious” but it’s helped that the new company is led by the same management team ...
newslaundry.com/2024/04/09/from-international-newsroom-to-indian-company-bbc-starts-a-historical-new-innings-in-india
Foreign investment push: THE local property market is on track to benefit from steady streams of foreign investments into the country ...
thestar.com.my/business/business-news/2024/04/13/foreign-investment-push
Mounting public debt eating into forex reserves, says BoU : Uganda now spends at least 32 percent of domestic revenues on debt servicing
monitor.co.ug/uganda/business/finance/mounting-public-debt-eating-into-forex-reserves-says-bou--4586540
Rs 6,800 cr disbursed to beneficiaries of PLI scheme in FY24: DPIIT Secy: Singh says that PLI schemes on textiles, bulk drugs, food products and solar PV modules ...
business-standard.com/economy/interviews/rs-6-800-cr-disbursed-to-beneficiaries-of-pli-scheme-in-fy24-dpiit-secy-124041000961_1.html
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Global Auto Outlook: Industry Experiences Major Shifts Since Internal Combustion Engine Inception
business-review.eu/business/auto/global-auto-outlook-industry-experiences-major-shifts-since-internal-combustion-engine-inception-259252
South Africa Has Spurned Europe For a Year on Trade Summit: South Africa has spent more than a year frustrating its biggest trade partner and largest foreign ...
dailymaverick.co.za/article/2024-04-08-south-africa-has-spurned-europe-for-a-year-on-trade-summit/
[In This Economy] Here’s a new paper by UP economists on economic charter change: Our paper aims to 'disabuse the public of the notion that any and all ...
rappler.com/voices/thought-leaders/in-this-economy-new-paper-up-economic-charter-change/
![[In This Economy] Here’s a new paper by UP economists on economic charter ...](/web/db/posts/44695/44695742.jpg)
China Confronts the Middle-Income Trap | by Nouriel Roubini - Project Syndicate: Nouriel Roubini sees the shift back toward state capitalism as the biggest risk ...
project-syndicate.org/commentary/china-middle-income-trap-more-likely-with-state-capitalism-by-nouriel-roubini-2024-04
Paid articlePaid Targeting $100 billion FDI: Investors require a more stable policy and regulatory framework including reforms
financialexpress.com/opinion/targeting-100-billion-fdi/3450606/
Japan Campaigns for American Companies to Invest in Country's Tech Sector: Japan's Prime Minister is lobbying for support from American executives for ...
techtimes.com/articles/303465/20240410/japan-campaigns-american-companies-invest-countrys-tech-sector.htm
China’s trade minister meets car executives in Paris as EU trade probe continues: Wang’s trip comes ahead of Chinese President Xi Jinping’s expected visit to ...
technode.com/2024/04/11/chinas-trade-minister-meets-car-executives-in-paris-as-eu-trade-probe-continues/
Wan Chinese economy loses its appetite for NZ exports: As China's uneven economic recovery continues, the country has declared itself open to foreign ...
newsroom.co.nz/2024/04/05/chinas-economic-battles-hint-at-new-normal-for-nz/
India Benefits From Growing Interest From Multinationals: UN Report: Citing the example of digital payments in India, the report said advances in fintech have ...
ndtv.com/business-news/india-benefits-from-growing-interest-from-multinationals-un-report-5414068
Burgeoning Interest in Argentina as a Lucrative Investment Locale: The updated FDI Confidence Index update ranks Argentina, Brazil, and Mexico as Latin ...
riotimesonline.com/burgeoning-interest-in-argentina-as-a-lucrative-investment-locale/
Govt to realize Nusantara FDI after election dispute ruling - Regulations - The Jakarta Post
thejakartapost.com/business/2024/04/10/govt-to-realize-nusantara-fdi-after-election-dispute-ruling.html
Bangladesh has capacity to become upper middle income country by 2031: ICCB: Leading chamber body's latest news bulletin highlights challenges ...
thedailystar.net/news/bangladesh/development/news/bangladesh-has-capacity-become-upper-middle-income-country-2031-iccb-3585001
Ringgit to strengthen in 2H24, end 2025 at RM4.40 vs US$ - BMI: KUALA LUMPUR: BMI, a Fitch Solutions company, expects ringgit to continue to strengthen in the ...
thestar.com.my/business/business-news/2024/04/08/ringgit-to-end-2025-at-rm440-vs-us---bmi
Careful. China courting: Recently, President Xi Jinping was his country’s top salesman, seeking to persuade invited US business executives that China remains ...
trinidadexpress.com/opinion/columnists/careful-china-courting/article_e491106c-f47d-11ee-9ecb-d737591c625d.html
Healthy FDI inflows key: PETALING JAYA: Foreign direct investment (FDI) is crucial and should be further stepped up to bolster the electrical and electronics ...
thestar.com.my/business/business-news/2024/04/08/healthy-fdi-inflows-key
The mind-bending new rules for doing business in China : Xi Jinping is sending mixed messages to Western bosses and investors
economist.com/business/2024/04/03/the-mind-bending-new-rules-for-doing-business-in-china
African countries should learn from Senegal to avoid Mali, B’Faso experience – Ex-envoy
punchng.com/african-countries-should-learn-from-senegal-to-avoid-mali-bfaso-experience-ex-envoy/
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