The Official Business Publication of Seton Hall University
A country who attracted manufacturers for its low wages and technological innovations is set to becoming one of the fastest growing economies in the world. Recent reforms and geopolitical transformations, along with a young population, led to India’s economy surpassing the United Kingdom to become the 5th largest economy in the world.
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After nearly two years, the world is once again in the same conversation involving a virus and strict regulations in China. Will investors be better equipped for another turbulent market after some practice?
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The 2022 Winter Olympics have recently come to a close, and it got many people talking. Not necessarily about the games themselves, as they garnered some of the worst TV ratings in the modern age, but the site of the event this year.
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Fears of stagflation are mounting in China as factory gate prices accelerate, which are costs at which wholesalers buy materials from producers. At the same time, there is a slew of contributing factors.
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On November 28th Hondurans took to the polls and cast ballots on many national and regional offices in addition to the Presidency. The elections saw the end to the 12 years of power for the the right wing National Party and the victory of the first women to be elected President.
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Samsung Heavy Industries (SHI), a shipbuilding giant based in South Korea, has announced the closure of its Ningbo plant in eastern China. SHI was believed to have agreed to hand over the land of the Ningbo plant to the local Chinese government for industrial renewal.
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Nicholas Chaillian, a French-born, former technology entrepreneur turned U.S. Government Executive is stepping down from his role as Chief Software Officer of the Air Force, a role he has held since May of 2018. In a bombastic resignation statement, a frustrated Chaillian claims that the U.S. has all but lost the battle to control Artificial Intelligence (AI).
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In China’s latest battle with censorship, Weibo fan accounts for a famous K-Pop singers are the newest target due to chaotic fan behaviors that do not align with the cultural and ideological image that the global powerhouse wishes to present.
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With its growing exposure to the rest of the world, China has established itself as an important supplier, provider, and market of capital. According to the McKinsey Global Institute, which is ranked the top think-tank in the world for private sectors, China accounts for 35 percent of global manufacturing output.
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China, the world’s largest automotive market, recently questioned Tesla representatives over the quality and safety concerns of their vehicles. Consumers reported that there were technical problems with the vehicles.
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