China

China is snapping up overseas assets again from Puma to metals

The turnaround is gathering momentum after a prolonged lull that began in the mid to late 2010s

Many domestic EV-makers have managed to shorten their R&D cycles for new cars to under two years, a production line manager at a carmaker told Caixin.

Chinese automakers’ need for speed comes with a price

Chinese regulators have taken notice of the drawbacks of short R&D cycles

Companies have been eagerly awaiting the guidance so they can make final investment decisions for their installations.

US details new China limits for clean energy tax credits

The restrictions follow an executive order in July signalling stricter limits for the tax credits

Analysts say the involvement of state firms may cushion the pace of further home price falls and ease the drag that the property slump has had on China’s economic growth since 2021.

State firms in China buy foreclosed properties to slow downturn

State-firm purchases can partly compensate for weak private demand and ease supply pressure on prices

China has built about 900 ski resorts and venues, including 66 indoor slopes, largely in the past decade, raising the risk of bringing its consumer price wars to the snow.

China’s ski slopes pull big crowds as Japan tensions run high

Chinese social media has been filled with posts from skiers pivoting to domestic resorts

The global oil market was jolted in January when US forces swooped into Venezuela, seized former President Nicolas Maduro.

China has bought some Venezuelan oil from the US, Chris Wright says

In Asia, several Indian refiners have bought Venezuela’s flagship Merey crude following the US action

In order to meet the 2030 goals set out in the Paris Agreement, China will need to reduce emissions per unit of GDP by 23%, according to Myllyvirta.

China’s emissions fell last year in first decline since 2022

A key signal will come in March, when officials release the country’s next five-year plan

China’s leading AI developers are also investing heavily in AI infrastructure equipped with both Nvidia chips and domestically produced alternatives.

China’s top chipmaker SMIC warns rushed AI capacity could sit idle

AI-related infrastructure investment is projected to exceed US$3 trillion over the next five years

Customers at a shopping centre in Jakarta. Asean, with nearly 700 million consumers and rapidly expanding middle classes, represents one of the fastest-growing demand bases in the global economy.
NEW GLOBAL ORDER

Asean+3, not the US, is now the world’s largest market

This structural shift has measurable consequences for how shocks propagate

Dairy Queen is owned by Warren Buffett’s Berkshire Hathaway and has about 7,000 stores in over 30 countries.

Owner of Dairy Queen, Papa John’s China operations is said to weigh US$500 million sale

Several high-profile global brands have been re-evaluating their China operations