Jack is toast.
Any of you guys in NIO, LI and XPEV?
No. Out of all China stocks till orange man is out of WH.
Iâve had NIO for a few months but cashed out recently and holding very little at this point. I"ll get back in when itâs in the 20s
Maybe Jack will move to the Bay Area?
Jack Ma has very little of offer to China now. I am surprized he sitll a billionaire.
US is now scolding Japan and Korea. why not start with Europe where Belt and Road are going and where alot of Chinese student studying.
Here comes the new US-China Digital Cold War
⌠this is a rivalry which will define societies; education, culture, the military, and in the end personal freedom and responsibility.
Basically the deal is that all the flow from Asia will go on China built infrastructure all the Way to Europe. Only China can connect to Europe by Train, Road and Sea at competitive cost.
The more this trend continue the faster will Europe deindustrialize and more skill people push towards digital economy. and here they EU will have clash with US megacap.
how Biden is going to deal with such complex Issue?
Trump pulls out of the TPP catalyze the formation of this Asia Pacific Trade Pact.
Negotiators pushed the deal across the finish line after India surprised participants late last year by abandoning the agreement.
Modi supported Trump and thought he will win the 2nd term.
India, though, will be allowed to rejoin the trade pact.
India will rejoin after the Jan 20
India can send over 1 million H1B to US and US will still have increasing trade deficits. If this trend continue Not only Google/Microsoft/IBM will have Indian CEOs but entire US will have Indian CEOs. I am not sure Apple and Tesla can survive as US firms.
Entire? I would believe if you mean companies.
Apple is a white company. TC has been trying very hard to push up Blacks and Hispanic (some are white eg Eddie Cue). If I am not wrong no Asians are deemed good enough for SVP. So not possible to have an Indian CEO.
In some way is because of how deficit is computed. Anyhoo, Americans have to learn not to be too extravagant for trade deficit can be reduced.
It will be all since Tech firms market cap is dwarfs the rest and employees/executive make much more so only there kids can afford quality educations and healthcare (healthcare include everything from having airpurifier at home to qood quality food with clean water). So wealth concentrations and connections will influence every other firms. that even assuming we have anything left of quality in rest of economy.
Apple can try for while but it cannot isolate from larger trends. it has 10% of market share and 90% market cap. It is not sustainable as it will feel increasingly isolated from tech chains created in East Asia that is now connected to EU.
Trump at least got warm welcome in Saudi Arabia and sold some weopons that create jobs in Midwest.
I dont think it can be replicated,
All the complex infrastructure projects are going in other direction where Megacap of California has nothing to offer.
China trade deals and Biden supposed victory already has impact on Europe.
Early birds
i wonder what will happen to stock valuation
India heads towards economic autarky | The Interpreter (lowyinstitute.org)
Not sure what does it mean. India forces foreign companies e.g. Apple, to set up shop (manufacturing factories for Apple Inc) in India by imposing heavy import tariffs. Is this policy change? Even higher import tariff? Forced ownership by Indians akin to Trump policy on TikTok?
Somehow I got a feeling he is saying India couldnât produce any products at competitive cost for export. So international trade that base on comparative advantages donât work out for India.
Not even freeeing winters are stopping new train.
Biden unlike Trump will âhold China accountableâ in a âmore consistent wayâ: senator
Speaking to Yahoo Finance Live, Van Hollen said the incoming Biden administration will do much more to âuphold the principles of rule of law and freedom of speechâ in his dealings with Beijing.
Both are politicians, old wine in new bottle, Trump openly claims, but Biden does not open his mouth about it !
Trucks are now moving faster than trains.