Commentary China’s tech startup and venture capital boom over the last decade has produced some household names while stoking concerns that it would one day surpass innovation out of Silicon Valley. But that momentum has waned recently. Various reasons have dampened international funding into Chinese tech startups, including pandemic restrictions, the communist authority’s crackdown on…
US Venture Capital Firms, Financial Firms Should Stop Backing Red China
May 30, 2023
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Business & MarketsBusiness ColumnistsChinaChina Business & EconomyChina NewsOpiniontech startupsThinking About Chinaventure capital
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Another Housing Crisis?
May 26, 2023
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2008 financial crisisBusiness & MarketsBusiness ColumnistsFederal Housing Finance AgencyOpinionViewpointsWashington
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Commentary Washington seems to have missed the lessons of 2008’s financial crisis that it seems ready to set up the nation for a second run. The last crisis had lots of moving parts and reflected many bad decisions. One of great significance was Washington’s long insistence that banks and other lenders extend more and more…
US Default Might Not Be as Shocking as Expected
May 25, 2023
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Business & MarketsBusiness ColumnistsChina Newsdebtdebt ceilingHong KongOpinionU.S. economyViewpoints
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Commentary This week, one of the world’s foci must be the potential U.S. government default on its debt. In most circles, this continues to progress as if we have never encountered such a situation before. But this might not be true. According to Terry Zivney and Richard Marcus of The Financial Review, “Investors in T-bills…
Are Investors Underestimating Probability of Even Higher Rates?
Commentary Most investors and Wall Street research analysts believe the Federal Reserve will pause its hikes, keeping the benchmark interest rate unchanged, in June and that a rate cut is likely later in the year. Just take one look at the yield curve. It is still inverted with the one-month rate higher than the six-month…
Retail Is the Lifeblood of America’s Cities, and It’s in Crisis
May 23, 2023
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American citiesBusiness & MarketsBusiness Columnistsdemocrat citieseconomic policieseconomyFuture Retailin-store retailerNY Real Estatereal estateUncategorizedUS Real Estate
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Commentary Whole server racks (the equivalent of whole forests in the print era) have been sacrificed to stories about “The Retail Apocalypse” and the “Death of Retail.” All the stories present a binary view: retail is dead; retail isn’t dead. The truth lies somewhere in between. Retail, broadly speaking, is doing well. But retail covers…
Corporate Espionage, Chinese Style
Commentary Some consider the very first case of international industrial spying to be the 18th-century letters of the missionary superior general of the French Jesuits, François-Xavier d’Entrecolles, describing the manufacture of the exquisite porcelain of Jingdezhen in southeast China, where what are recognized as the finest ceramics in the world trace their origins to the sixth…
SBTL Advanced Materials Is Korea’s Leading Company in ‘Aluminum Pouch Film’ for Secondary Batteries
May 20, 2023
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Advanced MaterialsAsia & PacificBusiness & MarketsBusiness ColumnistsPouch FilmSBTLSponsored ContentWorld
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The secondary battery market for vehicles is expected to grow significantly as the electric vehicle (EV) market expands globally. Electric vehicle batteries use secondary batteries rather than primary batteries because they can be discharged and recharged multiple times. The need for advanced electric vehicle batteries is increasing thanks to demand from major international automakers. Secondary…
Are Fears of AI Justified?
Commentary Artificial intelligence (AI) has created some enthusiasm and even more fear. The fears center partly on matters of privacy and the upending of social relationships but mostly on job destruction. Such concerns are far from new. They have emerged with every technological advance since the industrial revolution began in the late 18th century. They…
The Big Tech Spy Hunt
May 19, 2023
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Business & MarketsBusiness Columnistscomputer chipsOpinionSouth Koreatechnology leaksThe Chinese Communist PartyThe United StatesThinking About China
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Commentary The United States and South Korea are getting tougher on technology leaks. The two countries have extensive tech industries to protect. Most important is their technological lead, along with the Netherlands, in small and powerful computer chips used for economic and military applications around the world. Countries that steal these technologies include China, Russia,…
National Security and the Debt Ceiling
May 18, 2023
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bondsBusiness & MarketsBusiness ColumnistsFitch ratingNational SecurityOpinionU.S. Debt CeilingViewpoints
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Commentary As the debt ceiling debate looms, U.S. national security may be at risk while welfare is safe. The U.S. Constitution states that the purpose of the government is “to establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity.”…
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