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The Latest Breaking News from Dan Wang

Is Asia’s energy lifeline on the line due to tensions in the Strait of Hormuz?

Countries across Asia are scrambling to contain surging energy costs and fuel shortages as disruptions in the Strait of Hormuz threaten supplies.

Euronews

China sets lowest GDP growth target for decades as it braces for economic slowdown

‘High-quality growth’ target of 4.5-5% outlined at Two Sessions as Chinese premier talks of complex situations at home and abroad

The Guardian - AU

Ruled by engineers: how China gets things done, leaving the US in the dust

In modern times, the world’s most powerful and influential states have also had the largest economies. When the United States overtook Britain in the early 20th century, it was only a question of time before it assumed international political leadership too. Indeed, the failure to assume this role is widely…

The Conversation

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read the most diverse news in one place.

Chinese property giant Evergrande delisted from Hong Kong stock market

China Evergrande’s delisting closes a chapter in country’s unprecedented property crisis

The Independent UK

China’s economic data is famously unreliable—and could be a warning if Trump meddles with the Bureau of Labor Statistics

Beijing “is really intolerant of economic instability, and so everything gets smoothed,” says Derek Scissors of the American Enterprise Institute.

Fortune

Why reviving U.S. tech manufacturing is harder than you think

Trump’s wrecking ball to global trade has already proved too fast and too disruptive to encourage companies like Apple to quickly move their production to the U.S.

Fortune

Trump's 'Liberation Day' leaves the world trading system without a leader: 'The era of rules-based globalization and free trade is over'

For decades, the U.S. was at the center of the rules-based trading system, thanks to the WTO and its massive consumer market. No longer.

Fortune

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China Waits Anxiously For Economic Plan As Gloom Reigns

Rows and rows of partially inhabited high-rises sprawl into the suburbs of the northern Chinese metropolis of Tianjin, their empty balconies emblematic of a slowing economy that has not kept pace with the country's ambitions.

International Business Times

China’s glut of idle property causes headache for the government

The industry that has traditionally powered about a quarter of GDP has been in a downward spiral that policymakers have struggled to halt

The Guardian - UK

China cracks down on negativity over economy in bid to boost confidence

Record high youth unemployment and struggling property sector are among increasingly sensitive topics

The Guardian - UK

Google’s A.I. is about to breach a new frontier: Life advice, from a chatbot

In the arms race to create hyper-specialized A.I. tools, there’s profit to be made replicating human relationships.

Fortune

The ‘A.I. premium’ is the secret to outearning your peers, says startup exec who tracks tech salaries and layoffs

A software engineer who has A.I. skills can expect a 12% higher salary than one who doesn’t.

Fortune

Gold bars used to lure Chinese homebuyers amid market slowdown

Property developers struggle to rebuild confidence in housing market after three years of economic pain

The Guardian - UK

As China cracks down on dissent, New York City gives refuge to Tiananmen Square exhibit

Chinese Americans are determined to mark the Tiananmen Square Massacre anniversary as China cracks down on dissent.

ABC News

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Financial Times

China’s property crash: ‘a slow-motion financial crisis’

In the first part of a series, the impact of falling house prices is spreading to local government finances and the broader economy

Al Jazeera

China manufacturing output drops to lowest level in 2 years

The figures come as Beijing doggedly pursues a zero-Covid response leading to lockdown measures in several cities.

People

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