BRICS Expansion visualized.
Source: Visual Capitalist. In a changing world, can you afford not to be present in at least one BRICS country? Talk to us.
China’s GDP Growth Forecasts Rise as Foreign Banks Respond to Stimulus Measures
Source: Xinhua UBS, Goldman Sachs, and Nomura have adjusted their forecasts for China’s economic growth in 2024 following a series of stimulus measures implemented since late September, predicting that Beijing will achieve its target of “around 5 percent.” International financial institutions have increased their projections for gross domestic product (GDP) growth in 2024—an otherwise […]
China based Xiaomi is said to have designed its own 3nm chip
Photo: Wikimedia Commons, Partydoos, CC BY 4.0 Xiaomi is reportedly on the brink of a significant technological breakthrough, having successfully completed the “tape-out” of its first 3-nanometer system-on-chip (SoC) processor, which is set to enter mass production in the first half of 2025. This milestone represents a notable comeback for the company, which had […]
India overtakes China to become largest emerging market in MSCI index
According to a report from S&P Global published on September 19, India is set to emerge as the third-largest global economy by the fiscal year 2030-31. This projection is based on an anticipated annual growth rate of 6.7%, which would also elevate India into the upper-middle-income category. The report forecasts that India’s nominal GDP will […]
India set to become world’s third largest economy by 2030
India is set to become the third-largest economy globally by the fiscal year 2030-31, with projections indicating its nominal GDP will nearly double from $3.6 trillion to over $7 trillion. This anticipated growth rate of 6.7% would also elevate India to the upper-middle-income category. Economic Performance and Growth Outlook India’s economy has demonstrated remarkable resilience, […]
China now leads the race for Nuclear Fusion
The race for nuclear fusion energy has intensified, particularly between the United States and China, as both nations recognize its potential as a transformative clean energy source. In Shanghai, the start-up Energy Singularity exemplifies China’s rapid advancements in fusion technology, having constructed its own tokamak in just three years. This contrasts sharply with the aging […]
Lula plans to invest $60 billion to revive Brazilian industry. Brazil is large!
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Amid Tech Tensions, China’s Semiconductor Industry Emerges as Unicorn Incubator
Despite global economic challenges and escalating tech tensions, China’s integrated circuit (IC) industry has become a surprising powerhouse for unicorn startups. The semiconductor sector is outpacing all others in creating billion-dollar companies, bucking the overall trend of declining unicorn births in China. Shifting Landscape The number of new Chinese unicorns has dropped significantly in recent […]
Consumer Behavior Shifts: Recent reports indicate a shift in consumer preferences in China, with a growing demand for sustainable and ethically sourced products.
Recent reports indicate a significant shift in consumer preferences in China, particularly towards sustainable and ethically sourced products. This change is driven by a growing awareness among Chinese consumers, especially the younger demographic, regarding sustainability and social responsibility. Key Insights on Consumer Behavior in China 1. Sustainability Awareness Chinese consumers increasingly associate sustainable products with […]
China looking to Latin America for trade and commodities
China’s growing influence in Latin America and the Caribbean has been marked by significant economic engagement and strategic partnerships. In 2021, China emerged as the second-largest trading partner for the region, with trade volumes reaching nearly $450 billion, a remarkable increase from just $12 billion in 2000—an increase of almost 40 times. This surge in […]