A TECH winter is coming. In this week’s episode of “Money talks” we look at how a once white-hot tech sector in China is shedding capital, employees and bonuses and heading for a freeze.
We also discuss the private-jet industry and why airlines are phasing out first-class seats. And Jim Collins, author of “Good to Great”, explains the flywheel principle. Simon Long hosts. Runtime: 18 min.
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Mainland Chinese stocks are gaining influence on global indexes. That may drive money into ChinaGlobal index provider MSCI's announcement that it will quadruple the weighting of mainland Chinese stocks in its benchmark indexes is likely to boost investments into the market there, investors and analysts said.
Source: CNBC - 🏆 12. / 72 Read more »
US and China in 'final stages' of trade deal talks that could end this month, sources sayIf a deal is reached, the U.S. could roll back tariffs on at least $200 billion in Chinese goods while China would remove or cut industry-specific levies like autos. Chinese state media says differently. Do we have to read this permabull crap about a trade deal day in and day out for months on end? Give it a rest and only spout this horse excrement when a deal has been DONE 簽一個CCP下台的協議
Source: CNBC - 🏆 12. / 72 Read more »