Tag Archives: Economy of the People’s Republic of China

China’s economy unlikely to have hard landing: WEF report – Global Times

October 1, 2015 By in Business Administration, Economics, Growth Tags: , , , , , , , Leave a comment
Logo of Global Times

Logo of Global Times (Photo credit: Wikipedia)

In a major article China’s leading newspaper, the Global Times, argues that a hard landing of the Chinese economy seems unlikely. The article recognizes that recent developments have cast some doubt on China’s economic prospects buts cites as evidence the Global Competitiveness Report 2015-2016 released by the World Economic Forum (WEF) on Wednesday.

Source: China’s economy unlikely to have hard landing: WEF report – Global Times

I would recommend reading the Global Competition Report for first-hand evidence.

It’s interesting that elsewhere in the news China beats Japan to win the high-speed rail contract in Indonesia – also the LA Times reports a massive $4 Billion Chinese investment in Western Digital.

I almost feel sorry for hedge fund speculators who have been shorting against China.

China is truly on the rise.

Thoughts?

Nissan to launch self-driving car in Japan in 2016, Ghosn says | The Japan Times

October 1, 2015 By in Business Administration, Growth, People Tags: , , , , , , , , , Leave a comment
English: Nissan CEO Carlos Ghosn charges a Nis...

English: Nissan CEO Carlos Ghosn charges a Nissan Leaf, the first mass-produced zero-emission vehicle. (Photo credit: Wikipedia)

The Japan Times reports that Nissan Motor Co. will launch a car with self-driving technologies in Japan in 2016, according to the automaker‘s CEO, Carlos Ghosn.

Source: Nissan to launch self-driving car in Japan in 2016, Ghosn says | The Japan Times

This is good news for Japan’s industry on a day when it has lost a major high-speed railway contract to China. 

Yes, Japan is still leading in many areas of technology but Japan’s industry is losing out because Japan as a country is slow to implement strategic change. Japan must open her industry and labour markets to international competition. Otherwise China will take the cream.

Thoughts?