Xi’s comments, seen in a report released in the wake of the two-day conference, offer essential guidance for policymakers – and for observers, clear signs the country’s top leader sees movement has been lacking. You cannot procrastinate, dragging on small things until they become big ones, and delaying big things until they explodeXi Jinping “To … Read more
China’s annual two-day central economic work conference, which concluded on Tuesday, laid down expansive policy priorities for the world’s second-largest economy to carve out a stronger recovery path in 2024. From boosting business sentiment to better coordination among ministries, the 4,355-character readout of the meeting chaired by President Xi Jinping contained a long to-do list. … Read more
Taiwanese consumers like Hsu often buy gear from mainland China when prices are low and device efficacy is sufficient to satisfy their needs, a quality widely described as cost-performance value, or just “CP value”. If not, politics may intrude. “Even though there are some geopolitical tensions, consumers in Taiwan still buy made-in-China products as long … Read more
JD.com founder and chairman Richard Liu Qiangdong has urged his staff to take more proactive actions to fend off competition and fix management problems or else there would be “no way out” for the e-commerce giant. The Chinese billionaire entrepreneur made those comments in a a thread on JD.com’s internal discussion board, where an employee … Read more
