As i predicted more lockdowns, and more Railway lines increasing Chinese products into Europe.
and German conservative are lashing at US as if US is responsible for there dependence on China. They refuse to see reality.
“Eye level” for Germany and Europe
Kramp-Karrenbauer demands “eye level” and is prepared to pay an economical price for it. Radically self-confidently she demands from Washington that it must first of all show its allies in Europe “that it sees the defense of our interests and values as a common project” and that “we have reached our limits in recent years”. Regardless of the outcome of the election, Annegret Kramp-Karrenbauer obviously does not expect that even a Democratic President Joe Biden will steer America back into the transatlantic waters of the Obama years. As a precaution, she also tells him that Germany is “unavailable for a disruptive political style”.
“Good innovation is not afraid of regulation, but is afraid of outdated regulation,” Ma said. “We shouldn’t use the way to manage a train station to regulate an airport, neither should we regulate the future with the method from yesterday.”
Ant IPO also halted in HK. That’s the risk with doing business in China, even at the highest level like Jack Ma. Ant was on track to be the biggest fin tech company in the world as recently as yesterday. Now a single speech by Ma that happened to piss off the wrong people is enough to kill it.
thats exactly reason that rest of the world has business confidence in them as Megacap cannot overrule government.
Megacap has already created dysfuncational and dependent society here.
we still dealing laptop shortage and prices are now on higher level.
After biotech deals. Samsung going supply chip business. China is so much attractive market for Japan/Korea/Europe that they will continue to do business with them.
what will be its impact on housing in Silicon valley where hardly any silicon, display panels or EUV equipment is produced now.
I use to own nearly 1000 shares of BABA. Sold for good profit though overall investment in China stocks is meh because of Trump constant messing around. With Biden, BABA could be a very good stock to invest in. But… Jack Ma has to learn to keep quiet.
Chinese will be increasingly challenging Biotech firms from Bay area. and they will attract further Korea and Japanese investments. few years go no one even want to use food products.
delivery time on trains is now 10 days. Europe is enjoying is strong currency and cheap products made in China from global brands.
how can India or Indonesia/Taiwan can compete with it? these countries dont have global brands.
FT now confirms it will take at least six months for Ant IPO to come back. Regulators will also take a big bite out of its business. Jack is in big trouble!
Brazil’s top four telecom companies have decide not to meet with a visiting senior U.S. official who has advocated excluding China’s Huawei Technologies from the Brazilian 5G equipment market, an industry source said on Friday.
Nobody believe in Trump’s accusation. Once he is no longer POTUS, nobody listen to him and his lackeys.
The Trump administration has stepped up diplomatic pressure internationally to block the use of Huawei equipment, alleging that it could be used for spying by the Chinese state.
“There are now more than 30 countries participating in the Clean Network,” he wrote.
