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Easy monetary policies, tech revolution, disposable income and societal changes after the coronavirus pandemic injected a euphoria-like optimism in the technology industry, causing a dramatic rise in . ....
Exxon Mobil Corporation (NYSE:XOM) is perhaps the most famous oil and gas company in the world. The company had a banner year in 2023 amid rising oil prices and energy demand. ....
Fertility rates in the world, with fewer and fewer workers and more and more retirees. that means the country s future depends on productivity. china s boom since the 1980s was fundamentally about moving away from a state-directed economy toward a more free market economy. productivity growth jumped, but it has slowed considerably since then. of course, it was easier to take a backwards economy and make it more productive by the time xi took over, the low hanging fruit had been picked. but whatever the hand he was dealt, xi has played it very badly. he s favored inefficient state owned enterprises he ultimately controls over nimble private companies. for instance, he made it difficult for the private sector to get loans but naumeot for st owned companies. he has clamped down on tech companies. they slapped a record fine on ....
Xi deserves some credit for popping that bubble by reining in lending but he s been slow to repair the damage. on infrastructure, he s sticking with the old playbook. china has embarked on a $1.1 trillion infrastructure spending spree. another focus of xi s is to make china more self-sufficient and get companies to direct more technologies. the state directed industrial policy may flunk, but it has unnerved other country as has his aggressive step on the world stage. they have tried to block china from acquiring their companies and acquiring microchips, it used to come from lorne techniques or embedding foreign technologies into their products. now china is losing access to foreign innovation, and according to the institute, that could reduce its gdp by about to 8% in 2050 compared to what it ....