Economics – Page 2 – motto.media

A woman races with a textile robot (L) made by domestic manufacturer Anhui Efort at an expo in Shanghai July 10, 2014. REUTERS/Pete Sweeney

China Seems Less Freaked Out by the Rise of the Robots than America

James Pethokoukis writes: “A Robot Revolution, This Time in China” by New York Times reporter Keith Bradsher pretty much gives a modern economic lesson every sentence. It also presents a picture of a modernizing China that was completely [...]

A general view shows an annual central report meeting in this undated photo released by North Korea's Korean Central News Agency (KCNA) in Pyongyang Sunday. | KCNA / VIA REUTERS

Going Rogue: North Korea Tests Ballistic Missile, Test Fails

Christine Wang reports: North Korea test-fired a ballistic missile on Saturday in local time, Korean news service Yonhap reported citing South Korea’s military. Yonhap reported that the test appears to have failed. One U.S. official confirmed [...]

Alibaba founder Jack Ma says "the world will experience far more pain than happiness" in the next 30 years.

Jack Ma: In 30 Years, The Best CEO Could Be A Robot

Even top tech executives think they could be replaced by robots. Sherisse Pham reports: Alibaba founder and chairman Jack Ma, the man Fortune Magazine just named one of the world’s great leaders, predicts that technology will make many CEOs [...]

Economists React: China’s Growth Accelerates, but for How Long?

Economists caution that headline growth may have hit the peak for this year. China’s economy appears to be firing on all cylinders, with growth in the first quarter accelerating to its fastest pace in a year and a half. Industrial production, [...]

[VIDEO] Why is Hong Kong Housing So Expensive?

Uptin Saiidi reports: Hong Kong was recently ranked the most expensive housing market in the world for the seventh consecutive year, according to the annual Demographia International Housing Affordability Survey. The survey, which divides median [...]

ポテトパニック！The Japan Potato-Chip Crisis of 2017, Panic Buying Begins

Potato chip shortage due to typhoon damage in Hokkaido. TOKYO — Due to typhoons that hit Hokkaido last year, Japanese snack food manufacturers Calbee and Koikeya have announced a discontinuation and temporary halt on some potato chip products. [...]

Japan Startups Seeing Cash but Few Innovators

Yuri Kageyama reports: Japan Inc., where companies with roots going back decades, if not centuries, have long dominated, is finally warming up to startups. Major banks and venture capitalists are keen to tap into faster growth by investing in [...]

Millions of American Cows Suddenly Nervous as China Signals Willingness to Drop Import Ban on U.S. Beef

This opening up of China’s market follows President Trump’s two-day summit with President Xi at his Mar-a-Lago club in Florida last week. Graham Lanktree reports: … Chinese officials who spoke to the Financial Times said that President Xi [...]

It’s Time to Negotiate a New Economic Relationship with China

Simon Lester and Huan Zhu write: When China completed its 15-year accession process and joined the World Trade Organization (WTO) in 2001, it was a rising power, but still clearly a developing country. Its GDP per capita was $3,227,1 and its share [...]

Chinese Backwater Becomes Center of Xi’s Futuristic Dream City

Property prices triple in dusty Xiong county as luxury vehicles from Beijing and Tianjin park next to donkey burger stalls. Meng Jing reports: For residents of the sleepy town of Xiongxian in smoggy Hebei province, Saturday’s announcement by [...]

Here’s How Tesla Tripled its Earnings in China

Tesla’s Chinese revenues last year were $1.065 billion, compared to $318.5 million in 2015, and $477 million in 2014. Tsvetana Paraskova writes: Earlier this month, Tesla Inc reported that its revenues in China topped $1 billion in 2016, more [...]

Beijing Revs Up State Inc.

Investment by Chinese state-owned companies is resurgent, surpassing private investment growth as Beijing tries to fuel its slowing economy. But by backing investment by state firms, China’s government risks a financial reckoning that [...]

[VIDEO] Saudi King Urges Japan to Invest in His Country

Saudi Arabia’s King Salman is in Tokyo, the fourth leg of his Asia tour, urging Japanese Prime Minister Shinzo Abe to encourage investment in his kingdom. The king’s goal is to shift his country away from an oil-dependent economy as [...]

Sinopec Building Shale Research Base

BEIJING (Reuters) — China’s Sinopec Corp. has started building a base for research into shale gas near its largest commercial discovery of the fuel, an industry website reported on Wednesday. The company, looking to cement its position as [...]

Chinese Investors Seek Old Houses in Kyoto

BEIJING — Kazuhiko Makita reports: Japan placed second after Thailand in a list of overseas vacation destinations for people from China during the Lunar New Year holiday period this year from Jan. 27 to Feb. 2, according to the China Tourism [...]

[VIDEO] Cirque du Soleil: When An Investment Firm Buys A Circus

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Recon Buys Majority Stake in Millennium Films for $100 Million

The Chinese owner of Aston Villa Football Club now has a controlling stake in Millennium Films, for a low, low price. Steven Schwankert reports: Shenzhen-based and listed Recon Holding has taken a 51 percent stake in Millennium Films, producer [...]

[FILM] ‘Japan, Anchor in the East’, 1960

This film explores the political and economic developments in Japan since World War II, and their effect on Japan’s influence in the Far East. National Archives – Japan – National Security Council. Central Intelligence Agency. [...]

The Leading Power in East Asia will be Japan, Not China

Posted by Craig Hill: By 2040, Japan will rise as East Asia’s leading power. This is one of our most controversial forecasts at Geopolitical Futures. Our readers know that GPF is bearish on China. And while some may disagree on that point, [...]