Apple's Next Move: Smart Ring and Glasses to Shake Up Wearable Tech Market Apple is reportedly considering the development of wearable devices, including smart glasses and smart strings. Apple is doing this with the intention of increasing sales in the wearables sector and strengthening its own ecosystem...
Xi Jinping's Socialist Solution: China's Response to the Real Estate CrisisChina considers socialist measures to overcome real estate crisis. Government intervention to boost home sales and rentals. Financial resources are a problem and backlash is a concern.
China's Annual Policy Blueprint Puts Food Security at the Forefront For the 21st consecutive year, China has selected "Three Farms" as its No. 1 central document, signaling its commitment to prioritizing food security. The document states that the country will vigorously promote rural development and meet farmers' needs, and attach great importance to rural development and farmers' livelihoods...
Chinese Consumers Avoid Purchasing Pork During the Spring Festival Amid Inflation Fears China's pork consumption has not recovered ahead of the Lunar New Year, signaling deepening economic problems. Pork prices have fallen by a fifth year-on-year, but sales are down by a third...
China's Local Government Debt Hits Record High: Will It Lead to Default? China's local governments borrowed heavily to pay down debt last year and face the risk of default. Local government debt rose 10% year-on-year last year, with refinancing issuance accounting for more than 50% of the total...
Walmart Offers 6-Figure Salaries to Store Managers: A Game-Changer in Retail? US Walmart pays store managers more than $400,000 a year. Bonuses and stock compensation also increased. Store managers can earn up to $540 million. Store managers are being treated better so they can think and act like owners. Walmart is investing heavily in its employees...
Apple Drops Prices in China as Sales Take a Hit Apple China to offer discounts of up to 800 yuan per product. In response to declining sales in China. China market important, but Apple sales down. Apple cuts prices on products in China.
$6.30 for a Bag of Cheetos: Reality of U.S. Inflation When I checked the price of a large supermarket 'Target' at CES2024 in the United States, nacho chips were sold for 6830 won, Cheetos for 6303 won, Corona beer for 5250 won, and Blue Moon for 5903 won. This is quite high compared to domestic prices...
Chinese car makers increase investment in Mexico, they had a plan [Backbook Global]. Chinese electric car makers are investing heavily in Mexico, with plans to circumvent the country's inflation-reducing laws...
Black Friday in the U.S. is gloomy, consumers don't open their wallets…"I need to discount more". Consumers are not opening their wallets on Black Friday in the U.S. as they have in the past. This year's Black Friday is expected to be weaker than expected for retailers as consumers wait for bigger discounts...
Trump's Promise: Say Goodbye to Biden's Asia Trade Deal if I'm Back in 2024Former President Trump vows to scrap Indo-Pacific Economic Framework trade deal if re-elected, likening it to Trans-Pacific Partnership.
Xi's Dilemma: China Struggles to Set Key Policy Meeting Amid Economic WoesThe triennial meeting of China's Communist Party faces delays due to economic challenges and Xi Jinping's consolidated power.
FDA Approves New Obesity Drug 'Zebbound'...Section 130 Obesity Market Competition... .
UN Chief Points Finger at Israel, Blames Gaza Deaths, and Calls for ChangeUN Secretary-General criticizes civilian casualties in Gaza, urges Israel to differentiate between Hamas and civilians.
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Apple's Next Move: Smart Ring and Glasses to Shake Up Wearable Tech Market Apple is reportedly considering the development of wearable devices, including smart glasses and smart strings. Apple is doing this with the intention of increasing sales in the wearables sector and strengthening its own ecosystem...
Xi Jinping's Socialist Solution: China's Response to the Real Estate Crisis China considers socialist measures to overcome real estate crisis. Government intervention to boost home sales and rentals. Financial resources are a problem and backlash is a concern.
China's Annual Policy Blueprint Puts Food Security at the Forefront For the 21st consecutive year, China has selected "Three Farms" as its No. 1 central document, signaling its commitment to prioritizing food security. The document states that the country will vigorously promote rural development and meet farmers' needs, and attach great importance to rural development and farmers' livelihoods...
Chinese Consumers Avoid Purchasing Pork During the Spring Festival Amid Inflation Fears China's pork consumption has not recovered ahead of the Lunar New Year, signaling deepening economic problems. Pork prices have fallen by a fifth year-on-year, but sales are down by a third...
China's Local Government Debt Hits Record High: Will It Lead to Default? China's local governments borrowed heavily to pay down debt last year and face the risk of default. Local government debt rose 10% year-on-year last year, with refinancing issuance accounting for more than 50% of the total...
Walmart Offers 6-Figure Salaries to Store Managers: A Game-Changer in Retail? US Walmart pays store managers more than $400,000 a year. Bonuses and stock compensation also increased. Store managers can earn up to $540 million. Store managers are being treated better so they can think and act like owners. Walmart is investing heavily in its employees...
Apple Drops Prices in China as Sales Take a Hit Apple China to offer discounts of up to 800 yuan per product. In response to declining sales in China. China market important, but Apple sales down. Apple cuts prices on products in China.
$6.30 for a Bag of Cheetos: Reality of U.S. Inflation When I checked the price of a large supermarket 'Target' at CES2024 in the United States, nacho chips were sold for 6830 won, Cheetos for 6303 won, Corona beer for 5250 won, and Blue Moon for 5903 won. This is quite high compared to domestic prices...
Chinese car makers increase investment in Mexico, they had a plan [Backbook Global]. Chinese electric car makers are investing heavily in Mexico, with plans to circumvent the country's inflation-reducing laws...
Black Friday in the U.S. is gloomy, consumers don't open their wallets…"I need to discount more". Consumers are not opening their wallets on Black Friday in the U.S. as they have in the past. This year's Black Friday is expected to be weaker than expected for retailers as consumers wait for bigger discounts...
Trump's Promise: Say Goodbye to Biden's Asia Trade Deal if I'm Back in 2024 Former President Trump vows to scrap Indo-Pacific Economic Framework trade deal if re-elected, likening it to Trans-Pacific Partnership.
Xi's Dilemma: China Struggles to Set Key Policy Meeting Amid Economic Woes The triennial meeting of China's Communist Party faces delays due to economic challenges and Xi Jinping's consolidated power.
FDA Approves New Obesity Drug 'Zebbound'...Section 130 Obesity Market Competition... .
UN Chief Points Finger at Israel, Blames Gaza Deaths, and Calls for Change UN Secretary-General criticizes civilian casualties in Gaza, urges Israel to differentiate between Hamas and civilians.
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