Here is a brief look at China including debt, public policies, transparency, trade, etc.
China has become a world leader as such it is important for the countries around the world to review their relationships with China.
China is important country due to its size
Caution needs to be taken when dealing with China. China has specific business controls as it relates to business
China growth is ½ what it was in the 1990s. India is now growing faster than China
China is looking at investment outside of China into Africa.
China is pushing forward with the one-belt road to move goods to Europe
China is moving more and more to electrical market for vehicles
China is important country due to its size
Caution needs to be taken when dealing with China. China has specific business controls as it relates to business
China growth is ½ what it was in the 1990s. India is now growing faster than China
China is looking at investment outside of China into Africa.
China is pushing forward with the one-belt road to move goods to Europe
China is moving more and more to electrical market for vehicles.
Cover Story China Running out of Breath
Outlook Crude Oil
Stats India Trade Deficit FY-2014
Emerging Country Russia
In Focus Land Acquisition Bill- A Snapshot
China is important country due to its size
Caution needs to be taken when dealing with China. China has specific business controls as it relates to business
China growth is ½ what it was in the 1990s. India is now growing faster than China
China is looking at investment outside of China into Africa.
China is pushing forward with the one-belt road to move goods to Europe
China is moving more and more to electrical market for vehicles
China is important country due to its size
Caution needs to be taken when dealing with China. China has specific business controls as it relates to business
China growth is ½ what it was in the 1990s. India is now growing faster than China
China is looking at investment outside of China into Africa.
China is pushing forward with the one-belt road to move goods to Europe
China is moving more and more to electrical market for vehicles.
Cover Story China Running out of Breath
Outlook Crude Oil
Stats India Trade Deficit FY-2014
Emerging Country Russia
In Focus Land Acquisition Bill- A Snapshot
A euphoric start to 2019!
After a dismal end to last year, global stock markets rebounded in the first quarter making up much of the ground lost in the final quarter of 2018. The underpinnings of this sudden reversal in sentiment are less clear. There appears to be a disconnect between the direction of the stock markets and the direction of the global economies. Economists continue to moderate the outlook for future economic growth. The issues that vexed the markets in 2018 remain and in many cases, those issues have deteriorated even further.
As the Chinese authorities inject a fresh $1trn in new credit in the first quarter of 2016, Economist Marcus Wright examines this latest development and what it means for China and the world economy.
As the third quarter drew to a close, Canada had yet to come to terms with the US and Mexico on a renewed trade agreement. Investors woke up on Monday, October 1, 2018 to news that a deal had in fact been cobbled together at the last minute and that all was well in the world.
2019 Election| World Economy| Slow Growth| Canada| July 2019paul young cpa, cga
This presentation will discuss issues facing the Canadian economy as it heads for slower economic growth.
World economies are facing difficulties due to many factors like Brexit or China/USA trade wars or Excessive Government Regulations or lack of investment infrastructure
Geopolitical events in Middle East, South Asia Sea, Government changes in UK, Australia, etc.
Despite a strong start in January, global stock markets became unnerved in the latter part of the first quarter of 2018. Rising trade tensions contributed to the unease investors exhibited as the US took a stronger stance on bilateral trade negotiations through the enactment of targeted tariffs.
In this issue:
1. TD Wealth Asset Allocation Committee: Market outlook: the year ahead
2. TD Economics: A foundation for uncertain times
3. TD Wealth: New principal residence exemption rules
Turbulent Times: Our economic prospects in an uncertain worldCheryl Maitland Muir
In his April 6, 2017 presentation to the Annual Council of Forest Industries Conference, BCBC Chief Policy Officer Jock Finlayson described the state of the global, American and Canadian economies and their potential impact on BC's forest sector.
Canada has been going through a period of slow growth since 2018. The inaction of the Liberals through bad tax policies along regulatory burden have expedited the slow growth. The Liberals approach was not about reforming govt, but growing the size and cost of govt.
The current account deficit that cried "wolf!"RBS Economics
The UK current account deficit hit a record 5.2% of GDP in 2015. Senior Economists Rupert Seggins and Marcus Wright take a look at what the current account deficit is, what has happened to it, why and what it does and does not tell us about the economy.
Political Risk Could Undermine the Global Recovery. Review Dun & Bradstreet's research on global trade and the political risks that could impair global economic outlook. Dun & Bradstreet partners with international finance departments, World Bank Governance Indicator publications, and other global economic outlook experts to create comprehensive fiscal world view.
201 Election| Canada and World| Slow Economic Growth| August 2019paul young cpa, cga
I have written many blogs on GDP as such GDP was never what at Justin Trudeau made it out to be for Canada.
There are few major things driving the issues
1. Brexit (UK split from EU)
2. Global Protectionism policies
3. WTO not being reformed
4. Too much push for carbon tax and the climate change agenda
5. Too many governments focusing on keynesian economics.
6. Global immigration and integration
7. Anti-Natural Resources agenda
8. Automation (internet of things, machine learning, AI)
9. Lack of quality in terms of government leaders
10. Too many governments are pushing radical agendas including regressive taxation.
China is very important economy due the size of its population along with trade with the world. China needs to be push to make changes in terms of environment, land management, urban planning, health and safety, food inspection, forestry management and water management. Key organizations like WHO, UN, WTO, etc need to do more audits to ensure China is following the rules.
China is still a large country as such trade is very important to China. United States continues to review its' policies when it comes to Foreign Trade and Relations with countries like China.
A euphoric start to 2019!
After a dismal end to last year, global stock markets rebounded in the first quarter making up much of the ground lost in the final quarter of 2018. The underpinnings of this sudden reversal in sentiment are less clear. There appears to be a disconnect between the direction of the stock markets and the direction of the global economies. Economists continue to moderate the outlook for future economic growth. The issues that vexed the markets in 2018 remain and in many cases, those issues have deteriorated even further.
As the Chinese authorities inject a fresh $1trn in new credit in the first quarter of 2016, Economist Marcus Wright examines this latest development and what it means for China and the world economy.
As the third quarter drew to a close, Canada had yet to come to terms with the US and Mexico on a renewed trade agreement. Investors woke up on Monday, October 1, 2018 to news that a deal had in fact been cobbled together at the last minute and that all was well in the world.
2019 Election| World Economy| Slow Growth| Canada| July 2019paul young cpa, cga
This presentation will discuss issues facing the Canadian economy as it heads for slower economic growth.
World economies are facing difficulties due to many factors like Brexit or China/USA trade wars or Excessive Government Regulations or lack of investment infrastructure
Geopolitical events in Middle East, South Asia Sea, Government changes in UK, Australia, etc.
Despite a strong start in January, global stock markets became unnerved in the latter part of the first quarter of 2018. Rising trade tensions contributed to the unease investors exhibited as the US took a stronger stance on bilateral trade negotiations through the enactment of targeted tariffs.
In this issue:
1. TD Wealth Asset Allocation Committee: Market outlook: the year ahead
2. TD Economics: A foundation for uncertain times
3. TD Wealth: New principal residence exemption rules
Turbulent Times: Our economic prospects in an uncertain worldCheryl Maitland Muir
In his April 6, 2017 presentation to the Annual Council of Forest Industries Conference, BCBC Chief Policy Officer Jock Finlayson described the state of the global, American and Canadian economies and their potential impact on BC's forest sector.
Canada has been going through a period of slow growth since 2018. The inaction of the Liberals through bad tax policies along regulatory burden have expedited the slow growth. The Liberals approach was not about reforming govt, but growing the size and cost of govt.
The current account deficit that cried "wolf!"RBS Economics
The UK current account deficit hit a record 5.2% of GDP in 2015. Senior Economists Rupert Seggins and Marcus Wright take a look at what the current account deficit is, what has happened to it, why and what it does and does not tell us about the economy.
Political Risk Could Undermine the Global Recovery. Review Dun & Bradstreet's research on global trade and the political risks that could impair global economic outlook. Dun & Bradstreet partners with international finance departments, World Bank Governance Indicator publications, and other global economic outlook experts to create comprehensive fiscal world view.
201 Election| Canada and World| Slow Economic Growth| August 2019paul young cpa, cga
I have written many blogs on GDP as such GDP was never what at Justin Trudeau made it out to be for Canada.
There are few major things driving the issues
1. Brexit (UK split from EU)
2. Global Protectionism policies
3. WTO not being reformed
4. Too much push for carbon tax and the climate change agenda
5. Too many governments focusing on keynesian economics.
6. Global immigration and integration
7. Anti-Natural Resources agenda
8. Automation (internet of things, machine learning, AI)
9. Lack of quality in terms of government leaders
10. Too many governments are pushing radical agendas including regressive taxation.
China is very important economy due the size of its population along with trade with the world. China needs to be push to make changes in terms of environment, land management, urban planning, health and safety, food inspection, forestry management and water management. Key organizations like WHO, UN, WTO, etc need to do more audits to ensure China is following the rules.
China is still a large country as such trade is very important to China. United States continues to review its' policies when it comes to Foreign Trade and Relations with countries like China.
The report can be used as a first guide if you are interested in business China: "If you are thinking of doing business with China but don't know where to begin."
This presentation has been made by China-Access, a China based consulting company to assist overseas companies to enter China market.
Ultimo informe elaborado por Atradius Crédito y Caución, sobre las economías de Asia-Pacífico, donde se analizan los plazos de pago y las previsiones de insolvencias para 2017
November 2018 Economic Minute with Dennis HoffmanShay Moser
The Director of the L. William Seidman Research Institute and Professor of Economics Dennis Hoffman shares the arithmetic on whether 3 percent gross domestic product and above is sustainable and why it matters. Listen to his presentation here: https://news.wpcarey.asu.edu/20181115-question-du-jour-about-gdp-growth
Guest presentation by Michael Taylor, Managing Director –CCO APAC at Moody’s Investor Services.
Key messages are:
1. Improvement in global trade and industrial activity bodes well for the macro outlook in 2018
2. Most of our rated APAC sovereigns have stable outlooks
3. Evaluating the potential downside risks for Asia’s credit outlook
Growth 2016
China GDP
China and India Growth
China Manufacturing Sector
Retail Sales
eCommerce
China Debt
Banking Sector
Taxation
Canada and China Trade
China scares us because it looks like a bubble economy. Understanding these kinds of bubbles is important because
they represent a situation in which standard valuation methodologies may fail. Just as financial stocks gave a false
signal of cheapness before the GFC because the credit bubble pushed their earnings well above sustainable levels
and masked the risks they were taking, so some valuation models may fail in the face of the credit, real estate, and general fixed asset investment boom in China, since it has gone on long enough to warp the models’ estimation of
what “normal” is.
Debt was a becoming significant issues for many economies pre-covid19. The post covid19 may see even more challenges including the restructuring of debt.
Global Housing Market Analysis and Commentary- September 2023.pptxpaul young cpa, cga
Summary:
Homebuilders are walking a fine line when it comes to new projects as high mortgage rates curb demand.
New residential construction, including single-family homes and multifamily, dropped 11.3% month over month in August to 1.283 million units on a seasonally adjusted basis, according to Census Bureau data released Tuesday. That's down 14.8% compared with a year ago and well below the 1.44 million units economists surveyed by Bloomberg projected.
But authorized residential permits — an indicator of potential future activity — rose 6.9% to 1.543 million permits in August from July. That was still down 2.7% from last August. Single-family permits, though, were up 2% from July to 949,000. Multifamily permits came in at 535,000.
The data reflects two opposing forces builders are trying to balance: the ongoing need for new construction to fill in limited inventory and elevated mortgage rates that are hurting their biggest customer right now, the first-time homebuyer.
"High mortgage rates are clearly taking a toll on builder confidence and consumer demand, as a growing number of buyers are electing to defer a home purchase until long-term rates move lower," Robert Dietz, chief economist of the National Association of Home Builders, said Monday in a press release after builder confidence dropped for the second straight month.
Source: https://ca.finance.yahoo.com/news/homebuilders-face-a-tough-balancing-act-on-new-construction-amid-high-mortgage-rates-130744368.html
Blog – What is next for the Mining Sector – September 2023
The mining sector provides critical material that support solar, wind, and lithium-ion batteries as part of the green transition. https://www.iea.org/news/critical-minerals-market-sees-unprecedented-growth-as-clean-energy-demand-drives-strong-increase-in-investment
The mining sector products play a key role with the global GDP - https://www.yicaiglobal.com/news/global-mining-industry-value-was-69-of-world-gdp-last-year-china-says
Mining practices need to be sustainable including following all ESG policies - https://www.linkedin.com/advice/1/how-can-you-monitor-sustainable-mining-practices
Other links and sources –
Lithium Supply and Price - https://zbr.com.mx/en/sin-categoria-es/lithium-prices-fall-44-in-china-due-to-lack-of-demand/138168/
Cobalt - https://www.linkedin.com/posts/mahmut-karada%C5%9F-a2b7a5151_china-exportrestrictions-gallium-activity-7082603182589157376-Zrty/?trk=public_profile_like_view
Nickel https://www.eureporter.co/business/2023/09/15/stanislav-kondrashov-from-telf-ag-nickel-prices-outlook-remains-positive/
Iron-ore - https://www.brecorder.com/news/40263584/sgx-iron-ore-set-for-best-week-in-3-months
TD Bank / Metals - https://www.tdsecurities.com/ca/en/setting-the-stage-for-gold-outlook
Biodiversity / Mining - https://worldcrunch.com/green/lithium-green-energy-argentina-indigenous
ESG - https://iriscarbon.com/the-added-value-of-integrated-esg-reporting-a-threefold-framework/
Blog – Manufacturing Shipments and Orders – The United States – August 2023
Summary:
New orders for manufacturing technology in the United States totaled $353.9 million in July 2023, as per the latest report by AMT – The Association For Manufacturing Technology. This figure marked a 12.4% decline from June 2023 but remained only 10.5% lower than July 2022. Year-to-date orders amounted to $2.83 billion, reflecting a 12.7% decrease compared to the same period the previous year.
Douglas K. Woods, President of AMT, noted that July is typically a slower month for manufacturing technology orders, so a slight drop was expected. However, he pointed out a notable trend: over the last two months, the year-to-date order gap has narrowed during historically slow periods. While job shops have seen decreased orders, other industries that benefited from reshoring or government investments have helped fill the gap.
Among specific sectors, job shops, the largest customer segment, placed their lowest total monthly orders since August 2020. In contrast, metal valve manufacturers recorded their third-highest monthly order value on record, last seen in September 2018, making up nearly 5% of the total manufacturing technology order value for July 2023. Manufacturers of motor vehicle transmissions continued to order machinery at an elevated pace. However, the aerospace industry continued to order below its early 2022 peaks, with hopes that recent projects like the federal government's $1.5 billion investment in communications satellites might reverse this trend.
Source: https://www.sme.org/technologies/articles/2023/september/u.s.-manufacturing-technology-orders-dip-in-july-but-show-resilience-amid-economic-uncertainty
Stock Market Analysis and Commentary for WE September 15 2023.pptxpaul young cpa, cga
Blog – Analysis and Commentary – Stock Market – WE September 15 2023
Summary:
Stocks fell Friday as investors wrap up a volatile week ahead of the Federal Reserve's policy meeting.
The Dow Jones Industrials tumbled 288.87 points to close out Friday and the week at 34,618.24. At its lows, it completely wiped out Thursday's 332-point rally.
The S&P 500 index sank 54.78 points, or 1.2%, to 4,450.32.
The NASDAQ index plunged 217.72 points, or 1.6%, to 13,708.33.
The Dow held onto a winning week. The S&P 500 and NASDAQ both closed out the week with losses.
Information technology was the worst-performing sector in the S&P 500, down nearly 2%. Adobe shares fell more than 4% even after the software firm posted better-than-expected quarterly results. Shares of Arm Holdings were lower one day after its successful public debut.
Auto stocks General Motors and Stellantis N.V. were higher Friday, while Ford Motor was about flat. Thousands of members of the United Auto Workers went on strike after failing to reach a deal with the automakers Thursday night.
Elsewhere, Lennar shares slid 3%. The home construction firm posted third-quarter results that beat on the top and bottom lines.
On the economic front, the University of Michigan's consumer sentiment survey showed one-year inflation expectations dropped to 3.1% in
September, tied for the lowest since January 2021. Also, the five-year outlook fell to 2.7%, matching its lowest since December 2020.
Electricity Analysis - Canada and the OECD - June 2023.pptxpaul young cpa, cga
Summary:
Over three-quarters of the world’s total coal-generated electricity is consumed in just three countries. China is the top user of coal, making up 53.3% of global coal demand, followed by India at 13.6%, and the U.S. at 8.9%.
Burning coal—for electricity, as well as metallurgy and cement production—is the world’s single largest source of CO2 emissions. Nevertheless, its use in electricity generation has actually grown 91.2% since 1997, the year when the first global climate agreement was signed in Kyoto, Japan.
However, even as non-renewables enjoy their time in the sun, their days could be numbered.
In 2022, renewables, such as wind, solar, and geothermal, represented 14.4% of total electricity generation with an extraordinary annual growth rate of 14.7%, driven by big gains in solar and wind. Non-renewables, by contrast, only managed an anemic 0.4%.
The authors of the Statistical Review do not include hydroelectric in their renewable calculations, even though many others, including the International Energy Agency, consider it a “well-established renewable power technology.”
With hydroelectric moved into the renewable column, together they accounted for over 29.3% of all electricity generated in 2022, with an annual growth rate of 7.4%.
Source - https://energynow.ca/2023/09/infographic-what-electricity-sources-power-the-world-see-them-here-visual-capitalist/
Stock Market Analysis and Commentary for WE September 9 2023.pptxpaul young cpa, cga
What did the markets tell us this week?
1. Housing supply and costs continue to plague countries around the world.
2. Gasoline prices are on the rise that puts pressure on central banks ability to hit their core inflation targets.
3. ESG adoption by both the private and public sector is leading to both funding concerns and the overall cost of implementing ESG policies.
4. Adopting technology as part of increasing food production is facing both capital and operational funding concerns.
5. Strike at LNG facility in Australia is leading to concerns around a supply chain disruption of natural gas for EMEA and Asia.
6. The threat of China dumping batteries into markets - https://www.ft.com/content/b6038e51-7b5b-4f97-a5da-9202e71562fc
7. Adoption of generative AI has been facing many challenges related to security, privacy, and ethical issues.
8. Lack of biodiversity planning as part of the overall climate mitigation including sustainable mining, forestry, oil, gas, agriculture, and housing
9. Geopolitical issues continue to impact supply chain.
10. The concerns of recession continue to plague both the private and public sector.
11. Productivity issues continue to plague governments around the world.
Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...paul young cpa, cga
The mining, oil, gas, agriculture, forestry, and mining continue to face environmental, social, and governance policy review including reporting of key metrics as part of ESG reporting cycle.
There is more focus on profitability and investment returns as part of the integrated planning and reporting cycle.
Summary:
The global economy faces what at least one forecaster is calling a mild trade recession as shipments from China slump and German factories downshift.
China’s export declines extended into August, though there were signs that the worst of a world trade slowdown may be over for the leading exporter.
Overseas shipments from China fell 8.8% in dollar terms from a year earlier while imports contracted 7.3%, both better than economists’ estimates and significantly less severe than July’s downturn.
Other data have suggested trade may be stabilizing after weakening for most of this year. Exports from South Korea also declined at a more moderate pace in August than the previous month.
Source: https://www.bloomberg.com/news/newsletters/2023-09-07/supply-chain-latest-world-trade-faces-a-shallow-recession?srnd=economics-v2
Additional sources and links:
Lithium - https://source.benchmarkminerals.com/article/falling-lithium-prices-challenge-potential-cost-advantages-of-sodium-batteries
Oil Production - https://www.cnn.com/2023/09/06/business/oil-price-goldman-sachs/index.html
Natural gas - https://www.fxstreet.com/news/natural-gas-holds-up-as-markets-in-limbo-over-strikes-202309070956
Lumber - https://www.fastmarkets.com/insights/sawmill-capacity-closures-reshape-us-lumber-supply
Critical metals - https://www.wasterecyclingmag.ca/feature/how-recycling-could-solve-the-shortage-of-minerals-essential-to-clean-energy/
Agriculture - https://www.morningagclips.com/economists-forecast-positive-end-of-year-crop-outlook-despite-warmer-midwestern-climate/
ESG - https://www.skadden.com/insights/publications/2023/09/the-informed-board/the-eus-new-esg-disclosure-rules
Ports - https://www.marketscreener.com/quote/stock/HAPAG-LLOYD-AG-24857717/news/Hapag-Lloyd-chief-warns-of-rougher-seas-ahead-for-container-shipping-44789017/
Top destination for reshoring - https://www.thenationalnews.com/business/economy/2023/08/29/uae-in-top-10-most-powerful-passports-for-investment-opportunity/
Global Trade - https://phys.org/news/2023-09-opinion-broke-global-climate-finish.html
What is next for the Forestry Sector and Lumber Production - September 2023.pptxpaul young cpa, cga
Lumber production in Canada continues to face many hurdles
Canada forest management practices are some of the bests in the world
Canada planted over 440M in seedlings back in 2018. It is now 2022 which means close 2M seedlings have been planted.
All levels need to put more focus on urban and rural planning solutions
More work including spending on wildfire and forest fire mitigation
Canada and USA need to find a path forward to resolve the softwood lumber dispute
There needs to a better balanced between climate change policies and growing the economy in a sustainable way
3D printing for housing needs to become mainstream
More protection needs to happen with key ecosystems like wetlands, forest, and peatlands.
There is a risk of debt default if interest rates are hike over the next few months
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...
China - What is next?
1. WHAT IS THE FUTURE
FOR CHINA
Paul Young CPA, CGA
May 4, 2020
2. PAUL YOUNG - BIO
• CPA, CGA
• Financial Solutions
• SME – Business Process Changes
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
• Academia – Advance Accounting, Public
Finance and Advanced Management Systems
Contact information:
Paul_Young_CGA@Hotmail.com
3. SUMMARY
▪ China is important country due to its size
▪ Caution needs to be taken when dealing with China. China has specific business
controls as it relates to business
▪ China growth is ½ what it was in the 1990s. India is now growing faster than China
▪ China is looking at investment outside of China into Africa.
▪ China is pushing forward with the one-belt road to move goods to Europe
▪ China is moving more and more to electrical market for vehicles.
▪ China needs to clean up its labour, health and safety and environmental policies.
▪ The new USMCA agreement has one is refer to the China clause.
4. AGENDA
▪ GDP Growth
▪ Debt
▪ Consumption
▪ Climate Change
▪ Canada and China
▪ USA and China
5. CHINA AND GDP GROWTH
Scotiabank – http://www.gbm.scotiabank.com
https://www.statista.com/statistics/263616/gross-domestic-
product-gdp-growth-rate-in-china/
• Trudeau has been unable to forge more trade with China - https://www.macleans.ca/politics/canada-drops-charade-
of-progressive-trade-with-china/- or https://www.scmp.com/economy/china-economy/article/3075136/coronavirus-
chinas-premier-shrugs-likely-first-quarter Countries are tired of Trudeau and his lack of coherent strategy for foreign
policy - https://www.slideshare.net/paulyoungcga/policy-foreign-aid-and-affairs-canada
6. CHINA GROWTH WILL ACCELERATE AS IT
GETS LEADERS WHO AREN'T SCARED:
FORMER PBOC ADVISOR
Source - http://www.cnbc.com/2017/06/27/china-growth-will-accelerate-as-it-
gets-leaders-who-arent-scared-former-pboc-adviser.html
CNBC – June 27, 2017
7. CHINA AND EMERGING MARKETS
Source - http://marketrealist.com/2017/04/will-dragon-cause-worry-
global-markets/
China, of course, is a key source of concern in the EM space. A continued
slowdown in China will have a cascading effect on trade, commodity
prices, and investor confidence.
Meanwhile, rising interest rates in the US could make it harder for EM
economies to attract investments and could also lead to the local currency
(HEFA) depreciation.
At the same time, more geopolitical tensions could give rise to a sudden
spurt of risk aversion, which could cause a contagion in the EM space,
driving investors to flock toward safe-havens.
Marketrealist – April 18, 2017
8. CHINA – DEBT TO GDP, PRIVATE CONSUMPTION
Source -
https://tradingeconomics.com/china/government-debt-
to-gdp
Source - https://tradingeconomics.com/china/domestic-
credit-to-private-sector-percent-of-gdp-wb-data.html
9. CHINA AND HOUSEHOLD
DEBT
Source - https://www.caixinglobal.com/2018-11-06/chart-of-the-day-chinas-growing-
household-debt-101343512.html
• China’s household debt has built up rapidly over the
past decade as its gross domestic product (GDP) has
surged. The country’s household-debt-to-GDP ratio
increased from 17.9% in 2008 to 49% at the end of
2017, according to the 2018 financial stability
report published by the People’s Bank of China. In
the report, the central bank said that policymakers
need to keep a close eye on the country’s rapidly
increasing household debt. However, China’s overall
household debt doesn’t stand out when compared
with that of other countries.
• Chinese consumer debt-to-income ratio rose to 92
per cent at the end of last year, up from only 30 per
cent in 2008, according to the Institute of
International Finance The ratio is higher than the 86
per cent in Germany and close to the levels of 97
per cent in the United States and 100 per cent in
Japan - https://www.scmp.com/economy/china-
economy/article/3021816/chinas-household-debt-
has-grown-so-much-trade-war-stimulus
10. CHINA DEBT
• China / Debt holders - https://hbr.org/2020/02/how-much-money-does-the-world-owe-china “In total, the
Chinese state and its subsidiaries have lent about $1.5 trillion in direct loans and trade credits to more than 150
countries around the globe. This has turned China into the world’s largest official creditor — surpassing
traditional, official lenders such as the World Bank, the IMF, or all OECD creditor governments combined.”
• China and Bankruptcies - https://supchina.com/2020/04/09/more-than-240000-chinese-companies-declare-
bankruptcy-in-the-first-two-months-of-2020/
• USA and China - https://www.thebalance.com/u-s-debt-to-china-how-much-does-it-own-3306355 “The U.S.
debt to China was $1.09 trillion through February 2020.1 That's more than 15% of the $7.06 trillion in Treasury
bills, notes, and bonds held by foreign countries. The rest of the $24 trillion national debt is owned either by the
American people or by the U.S. government itself.”
• Chinese Bonds - https://asiatimes.com/2020/04/bond-investors-swarm-to-china-a-safe-harbor/
11. CHINA DEBT AND TRADE
Source - https://www.industryweek.com/economy/china-growth-momentum-stalls-debt-campaign-and-trade-war-bite?NL=IW-07&Issue=IW-07_20180814_IW-
07_208&sfvc4enews=42&cl=article_5&utm_rid=CPG03000001519274&utm_campaign=28515&utm_medium=email&elq2=0f9d987d06354a3b9299297513af16ca
China’s economy hit a mid-year rough patch as efforts to curb risky lending and excessive debt collided
with a deepening trade war, adding to concerns about global growth.
Fixed-asset investment in the world’s largest developing economy rose at the slowest pace in two
decades in the first seven months of this year, while infrastructure spending slumped to a quarter of
the pace of a year earlier. Factory output, retail sales and credit creation in July all trailed estimates.
China’s economy is now losing momentum just as it braces for a protracted trade conflict with the U.S.,
and those pressures show no sign of dissipating. Officials have vowed to boost lending to smaller
companies and support for infrastructure investment, but the pressure is mounting on them to do
more.
"The Chinese economy will get worse before getting better," said Lu Ting, chief China economist at
Nomura International Ltd. in Hong Kong. "It takes several months to turn around. Beijing will step up
credit easing and fiscal measures to deliver a recovery and prevent financial troubles such as a rise of
bond defaults."
12. CHINA GDP AND INCOME GROWTH
▪ Morgan Stanley and Michael Pettis differ on what China’s sustainable economic growth rate is over the
next ten to fifteen years China. Morgan Stanley, however, proposes that China can manage to grow at
an average annual rate above 5 percent for the next ten years, which suggests that they think this
sustainable growth rate today is around 6 percent or a little less. Pettis thinks China is unlikely to
manage growth rates above 3 percent on average, and probably much lower.
▪ Key Metrics for China’s future economic growth
▪ A* China’s Debt to GDP is about 260% now – China can keep pushing GDP growth until debt to GDP
is about 350% of GDP. Then it will be whatever the natural sustainable GDP growth rate level is
▪ * The Sustainable growth rate for the next 10-15 years seems to be between 3 to 5%
▪ * If China can get private consumption up from about $5 trillion now to $12-15 trillion in 2025 then
China will be able to sustain a higher GDP growth rate level
▪ Morgan Stanley thinks that by 2030, household disposable income will reach $8,700; the median
age will rise to 43, and internet penetration will increase to 75%; compared to $5,000, 37 years old,
and 52%, respectively, in 2016.
Next Big Future – April 30, 2017
13. CHINA DEBT
▪ March’s 2.1 trillion renminbi increase in debt was part of a 7.0 trillion renminbi
increase in debt in the first quarter of 2017, an amount equal to an astonishing 39
percent of the country’s first quarter GDP. Part of this increased lending was used
simply to roll over bad debt that is not being recognized. But most of it went to fund
a 13.6 percent increase in public sector investment.
▪ Pettis thinks the increase in debt was needed to add the 3–4 percentage points. He
assumes this is the minimum gap between China’s sustainable growth rate and its
actual growth rate. Morgan Stanley—and anyone else who believes that China can
manage a decade or more of 5 percent growth is saying the large debt boosts
growth by only one percentage point above the rate China can achieve anyway
without relying on debt.
Next Big Future – April 30, 2017
14. SLOW GDP GROWTH
Source -
https://www.canadianmanufacturing.com/manufacturing/chinas-
economic-slowdown-deepens-weighing-on-global-growth-240612/
15. CHINA / DEBT
Source - https://www.bloomberg.com/news/articles/2018-02-13/china-s-debt-laden-dealmakers-eyed-by-restructuring-specialists
Chinese deal makers that racked up debts for overseas deals and are now reversing course to pay down
borrowings have attracted the attention of restructuring specialists.
As President Xi Jinping steps up leverage curbs, borrowing costs in China have jumped.
The nation’s most high-profile deal makers including HNA Group Co. have come under mounting
regulatory scrutiny, and have been selling assets as they try to rein in borrowings. HNA missed
payments to several Chinese banks and its bond yields have in recent months traded at times at levels
that are often considered distressed.
“Chinese companies have been active in overseas acquisitions in recent years and some of their
investments have not panned out,” said Damien Whitehead, partner at law firm Ashurst, without naming
any specific companies. “Some of these companies are in a tight liquidity situation and their debt may
need to be restructured.”
17. CHINA AND PRIVATE INVESTMENT
▪ More reforms in the energy sector as part of re-focus on energy
▪ More P3 when it comes infrastructure spending
▪ More reforms in other areas as part of accessing more Foreign Direct
Invest (FDI)
18. GLOBAL PROTECTIONISM
▪ http://www.insurancebusinessmag.com/ca/news/breaking-news/rise-in-global-
protectionism-could-adversely-affect-the-global-economy--report-66056.aspx
Zurich Insurance also warned businesses that benefit from global trade that
they may be pushed into restructuring their supply chains in order to address
potential disruptions to their manufacturing and retail operations.
“We are in a period of geopolitical uncertainty, which can create a volatile
business environment for companies connected to global markets, whether it is
as a multinational corporation with overseas manufacturing and retail facilities
or a regional operation with global suppliers,” said Bryan Salvatore, head of
specialty products for Zurich North America.
19. CHINA AND CANADA
Source - http://dawsonstrat.com/2017/06/12/the-canada-china-trade-relationship/
Currently, China is Canada’s third largest trading partner, with two-way bilateral trade between
the countries totaling $85.9 billion in 2015. Prime Minister Justin Trudeau has indicated a desire
to double trade between Canada and China before 2025, and steps have been taken to that end.
In February 2017, an inaugural round of talks on a potential free trade agreement between
Canada and China took place.
The Canada-China FIPA lays the groundwork for an eventual Free Trade Agreement (FTA) between the two
nations. It is suggested that such an FTA would increase Canadian exports to China by almost $7.7 billion, as
well as Canadian GDP by approximately $7.8 billion (or 0.14 percent) by 2030. This would translate to the
creation of 25,000 Canadian jobs across all skill levels.
Though engagement in exploratory talks does not guarantee a Canada-China FTA, it is evident that both
countries are working to strengthen the relationship and recognize the potential advantages of stronger ties
with each other.
20. CANADA AND CHINA - FIPA
Source - https://thetyee.ca/News/2012/10/19/Chinese-Trade-Deal/
Canada signed a FIPA deal with China in 2012. FIPA deals are important as they build in
protection for businesses. No trade deal can be completed unless FIPA is part of the deal
• Not once does Trudeau ever mention FIPA
• China wants access to Canada’s Natural Resources, i.e. Oil, LNG, Metals, Forest Products, lithium, vanadium, etc.
• Canada lacks the capacity to exports. Trudeau government continues to moved forward with C69 (more regulation
when it comes to approving Natural Resources Projects)
• The new USMCA agreement has clauses - https://www.cbc.ca/news/politics/usmca-nafta-china-trade-1.4852269
• China has not embraced WTO as they claim they are still an emerging market -
https://www.scmp.com/news/china/article/2168402/will-china-change-its-trade-behaviour-us-representative-wto-
sceptical
• China and Canola - https://www.cbc.ca/news/politics/wheat-canola-china-canada-trade-1.5263313
21. CANADA AND CHINA MERCHANDISE
Source -
http://www5.statcan.gc.ca/cansim/a26?lang=eng&retrLang=eng&id=2280069&&pattern=&stByVal=1&p1=1&p2=31&t
abMode=dataTable&csid=
22. TRADE WARS / CHINA
Source - https://www.canadianmanufacturing.com/manufacturing/china-tries-to-defuse-trade-pressure-says-world-benefits-215270/
China’s government defended its trade record as a benefit to the world in a new effort Thursday to defuse
U.S. and European pressure over market access and technology policy.
A Cabinet report repeated promises to cut tariffs and open more industries to investment. But it didn’t
address complaints about plans to create Chinese global technology competitors that are at the heart of a
spiraling trade dispute with U.S. President Donald Trump.
China’s growth “has brought great opportunities to trading partners all over the world,” Deputy Commerce
Minister Wang Shouwen said at a news conference.
The report highlights the clash between Beijing’s insistence it has honoured market-opening promises
made when it joined the World Trade Organization in 2001 and arguments by Washington, Europe and
others that Beijing improperly hampers access to emerging industries and steals or pressures foreign
companies to hand over technology.
Trump’s threat of tariff hikes on up to US$450 billion of Chinese products reflects fears Beijing’s plans are
a threat to American technological leadership and prosperity. China has tried to recruit Europe as an ally in
the dispute but faces complaints by Germany and other governments that it bars purchases of Chinese
assets while its own companies are on a global acquisition spree.
23. BLOG – CHINA AND CANADA TRADE
▪ http://business.financialpost.com/opinion/terence-corcoran-trudeau-cant-land-a-trade-deal-because-hes-no-free-trader
▪ Hi Lauren
▪ Trade and FIPA agreements are federal government responsibility. There is a big picture in play with Trudeau and Wynne:
▪ https://www.facebook.com/ShannonLakeland/videos/1766348470050268/
▪ Hint: Rudi is funny as she does not live in reality!
▪ Here are things that Rudi did not get the memo when it comes to PM Selfie’s trip to China:
▪ Trudeau was told shut up about human rights which was all but ignored by MSM - https://youtu.be/03mogIdp-vA
▪ Trump went to China with a plan which resulted in $250B worth of business. Trudeau went with a plan to get social issues dealt with
by China. China told Trudeau that they were not interested in discussion of social policies -
https://www.bloomberg.com/news/articles/2017-11-08/trump-team-said-to-plan-250-billion-in-deals-from-china-visit
▪ McKenna try to force coal banning on China as such was told to bud out! Source - http://www.nsnews.com/cmlink/gmg-glacier-
media-group/2.2062/china-not-able-to-join-canada-u-k-coal-phase-out-alliance-mckenna-1.23113168
▪ You must walk a balance with China - https://www.slideshare.net/paulyoungcga/china-future-november-2017
▪ Liberals are consistent that is mislead people with information as way to muddy the water to what happen with either their policies or
their meetings with business leaders and/or other governments.
24. CHINA AND TRUDEAU
Trudeau admires China basic dictatorship
• China tells Trudeau to stop on human
rights issues
https://globalnews.ca/news/3948597/chi
na-cant-stand-justin-trudeaus-talk-of-
human-rights-diversity-ian-bremmer/
• Trudeau also pissed off India with his
approach to foreign policy
https://www.cbc.ca/news/politics/andrew
-scheer-india-trip-1.4793154
• Trudeau has pissed of two economies that
will see growth 6%. Trudeau does not
seem to care who he pisses off
25. BLOG – CHINA AND CANADA TRADE
▪ Here is a bit more on Trade:
▪ I am for supporting trade as long those deals are fair and equitable to Canada. Here are things to consider when deal with China in terms of investment and Trade:
▪ Canada has a trade deficit of $16-17B with China - http://www.statcan.gc.ca/daily-quotidien/170504/dq170504c-eng.pdf
▪ Trudeau and Protectionism - https://www.spencerfernando.com/2017/12/06/deception-trudeau-purposefully-trying-deceive-canadians-china/
▪ No more admiration - https://globalnews.ca/news/3899392/trudeau-admires-most-not-china/
▪ China wants Canada natural resources - https://www.nrcan.gc.ca/19698/ China has abysmal environmental record - https://www.ft.com/content/e22dd988-3ed9-11e7-9d56-25f963e998b2
▪ Manufacturing sector is already under pressure as such trade agreements with countries like china that have poor labour and environmental regulations only handcuffs Canadian companies in
their ability to compete - http://www.newswire.ca/news-releases/canada-china-trade-deal-would-decimate-canadian-workers-industries-628447033.html
▪ China has no interest with Trudeau’s social agenda - https://www.spencerfernando.com/2017/12/04/fool-naive-trudeau-tricked-china-press-conference-cancelled-last-minute/
▪ McKenna tried to push anti-coal on China and China said no - http://www.ctvnews.ca/politics/china-not-able-to-join-canada-u-k-coal-phase-out-alliance-mckenna-1.3708186
▪ China is moving forward with their own plans in terms of accessing key raw materials like oil - https://www.slideshare.net/paulyoungcga/why-does-government-keep-gold-reserves
▪ China wants Canadian oil - http://www.cbc.ca/news/canada/calgary/china-investment-oilsands-jim-carr-1.4152520. The problem is getting oil to China - https://www.bnn.ca/kinder-morgan-
canada-down-4-after-more-potential-pipe-delays-1.935031 (Kinder Morgan is no further along then it was when approved in late 2016)
▪ Trump went to China as such completed deals - https://www.bloomberg.com/news/articles/2017-11-09/breaking-down-the-250-billion-china-deals-trump-got-for-america as compare to
Trudeau who got nothing done - https://globalnews.ca/news/3894897/justin-trudeau-canada-china-trade-talks/
▪ Australia and China Trade Agreement -“One of the main sticking points was a temporary worker memorandum of understanding in the agreement, which caused a backlash from parts of the
Australian population that feared an influx of cheap Chinese labour” http://news.xinhuanet.com/english/2017-11/15/c_136752488.htm or https://www.asiapacific.ca/canada-asia-
agenda/china-australia-free-trade-agreement-lessons-canada
▪ China is important market, but any further advancement into trade agreements needs to be done in careful manner. https://www.slideshare.net/paulyoungcga/china-future-november-2017
26. CHINA AND CARBON TAX
▪ http://www.industryweek.com/leadership/top-polluter-china-unveils-nationwide-carbon-market?NL=QMN-01&Issue=QMN-
01_20171220_QMN-
01_859&sfvc4enews=42&cl=article_3&utm_rid=CPG03000001519274&utm_campaign=23897&utm_medium=email&elq2=b159
e52f60444cb0b1d06ae130cd0ab6
▪
▪ There has been issue with business corruption in China. http://reneweconomy.com.au/qa-how-will-chinas-new-carbon-trading-
scheme-work-57769/ Carbon trade systems have been fraught with corruption in the past -
http://www.leviathanjournal.org/single-post/2018/01/21/Carbon-Trade-Fraud
▪ China has made changes to help reduce emissions through shutting down of plants, but emissions are still a big issue -
http://www.climatechangenews.com/2018/02/12/china-counts-emissions-growth-shaken-free-carbon/
▪ You cannot talk environment unless you look at the three main pieces: a) Land Management b) Water Management c) Air Quality
-
https://www.google.ca/search?rlz=1C1CHBF_enCA759CA759&biw=1536&bih=759&tbs=qdr%3Am&ei=ugaEWuvwGeupjwTz9Kf4
Cg&q=china+environmental+ranking&oq=china+environmental+ranking&gs_l=psy-
ab.3..0i22i30k1.1655.7520.0.7680.22.16.0.6.6.0.91.1096.16.16.0....0...1c.1.64.psy-
ab..0.22.1126...0j46j0i67k1j0i131k1j0i131i67k1j0i46k1j33i22i29i30k1j33i160k1j33i21k1.0.wx2gx0oi-PE - China is ranked 120th
▪
27. CHINA AND USA
▪ https://www.uschina.org/reports/us-exports/national
28. CHINA AND VIRUSES
1. Bats and Viruses - https://www.scientificamerican.com/article/how-chinas-bat-woman-
hunted-down-viruses-from-sars-to-the-new-coronavirus1/ “The epidemic is one of the
worst to afflict the world in recent decades. Scientists have long warned that the rate of
emergence of new infectious diseases is accelerating—especially in developing countries
where high densities of people and animals increasingly mingle and move about.”
2. China and Government control -
https://www.nytimes.com/2020/03/29/world/asia/coronavirus-china.html
29. CHINA AND WORLD SUPPLY CHAIN
▪ Businesses moved their models to low costing producing countries as part of the
overall supply chain. The problem is too many low-cost producing countries have issues
with their environment, water, land, forest management –
▪ Source - https://www.bostonglobe.com/2020/03/30/opinion/end-global-supply-chain/
30. TRAINING AND DEVELOPMENT
▪ If you like to learn more
about trade and/or other
subjects as part of your
professional learning and
development then feel
free to review my
material on
https://www.udemy.com
/ (search Paul Young CPA
CGA)
▪ These subjects address
how to fixed issues with
housing and/or systemic
issues related to
economy including
government policies
31. SUMMARY
▪ China has become more and more isolated from the world due to is internal politics -
https://www.scmp.com/economy/global-economy/article/2168294/attempt-isolate-china-world-trade-
system-will-not-work-says
▪ WTO needs to stop calling China an emerging market as such needs to get tougher when it comes to China’s
labor, environment and other unfair business practices - https://theconversation.com/myth-busted-chinas-
status-as-a-developing-country-gives-it-few-benefits-in-the-world-trade-organisation-124602
▪ China is one of the top consuming countries of raw materials. China leads the world in emissions -
https://www.eia.gov/tools/faqs/faq.php?id=709&t=6 or https://www.pbs.org/newshour/science/only-2-
countries-are-meeting-their-climate-pledges-heres-how-the-10-worst-could-improve (Dirty Coal and other
bad practices when it comes to the environment
▪ China needs to be more open and transparent when it comes to handling of viruses – WHO needs to do
more in terms of audits - https://foreignpolicy.com/2020/03/25/blame-china-and-xi-jinping-for-
coronavirus-pandemic/
▪ More and more countries need to re-look at how they source and produce product within their own border
including their taxation, regulation, skills trades, etc. https://www.industryweek.com/the-
economy/trade/article/21121070/reshoring-at-record-levels-is-it-enough