| By Linyi Zheng | China’s Notice on Adjusting Automobile Loan-Related Policies marks a key economic strategy shift to stimulate domestic auto consumption and enhance the sector’s growth.
Monday, April 13
Defying the Energy Transition: ExxonMobil’s Standoff with Climate Defenders
| By Linyi Zheng | ExxonMobil launched a legal offensive against ESG advocacy investment institutions Arjuna Capital and Follow This to stifle the organizations’ emission reduction proposals.
Understanding China’s Latest LPR Cut and Its Implications
| By Linyi Zheng | China is intensifying efforts to stabilize the persistently sluggish real estate sector, lowering the 5-year loan prime rate to boost market confidence in the Chinese economy.
Google Planning to Build London Data Center
| By Loc Le | Google announced on January 18th, 2024, via a blog post that the company would be investing $1 billion to build a new UK-based data center north of London.
Mexico Surpasses China as Top US Trading Partner
| By Xuan Zhong | U.S. Department of Commerce trade data reveals Mexico has surpassed China as the top source of imports for the US, representing a shift in trade dynamics.
Federal Judge Blocks Merger between JetBlue and Spirit Airlines
| By Lauren LaPorta | The airline industry faced a significant turn of events when a federal judge, siding with the Biden Administration, blocked JetBlue’s attempt to acquire Spirit Airlines for $3.8B.
Apple Watch Faces Patent Scrutiny
| By Loc Le | Apple’s latest iteration of their flagship Apple Watch has been under scrutiny in the US as the tech giant found itself in a legal dispute with medical tech company Masimo.
China Set to Become World’s Top Auto Exporter by End Of 2023
| By Linyi Zheng | Surging EV demand sent auto exports from China beyond levels seen before the pandemic. In the first half of 2023, China’s automobile exports were 2.34M units, up 76.9% year-on-year.
China Flies Into Civil Aviation Market
| By Xuan Zhong | China’s first domestically manufactured civil airliner, the C919, and the ARJ21 regional jet, will visit Hong Kong to showcase China’s new aircraft.
PC Market Showing Signs of Recovery
| By Loc Le | After a sustained decline over eight consecutive quarters, experts are now expecting the PC market to begin recovering.