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Summary China’s largest automakers—including BYD, Geely, Nio, Xpeng, Li Auto, Xiaomi, GAC, FAW, Changan, and Chery—have pledged to pay their suppliers within 60 days. The move comes in response to government directives and growing industry concerns about protracted payment cycles exacerbated by aggressive price-cutting tactics in the EV market. What’s Driving the Change Industry Voices…
The Panama Canal, a critical artery for global trade, is facing unprecedented scrutiny as a $23 billion deal involving the Mediterranean Shipping Company (MSC) threatens its longstanding principle of neutrality. ⚓ The Deal: A Game-Changer in Global Shipping Led by MSC and supported by BlackRock, the consortium aims to acquire 43 ports worldwide from Hong…
In a noteworthy turn of events during the ongoing US–China trade and export-control discussions in London, Huawei founder Ren Zhengfei made candid remarks downplaying his company’s semiconductor prowess. Navigating Heightened US–China Tech Tensions During a front-page interview in China’s People’s Daily, Ren emphasized that Huawei’s single-chip architecture still lags one generation behind U.S. rivals, explicitly…
Less than a year after coming out of retirement, Kelly Ortberg stepped in as CEO of Boeing in August 2024 amid turmoil—deep financial losses, reputational damage, and a fractured corporate culture. Ten months into his mandate, he’s steering the company through a critical transformation: 🔧 Stabilizing finances & boosting production 🤝 Rebuilding trust with regulators,…
The Organisation for Economic Co-operation and Development (OECD) has issued a stark warning: the global economy is poised for its weakest growth since the COVID-19 pandemic. In its latest Economic Outlook, the OECD projects global GDP growth to slow to 2.9% in both 2025 and 2026, a significant downgrade from previous forecasts and below the…
Trump-Xi Call Fails to Resolve Looming Critical Mineral Shortage A recent phone call between U.S. President Donald Trump and Chinese President Xi Jinping aimed to ease trade tensions and address the ongoing critical mineral shortage. While both leaders agreed to resume trade talks, the conversation did not yield concrete solutions to the pressing issue of…
