Newsletter By 2022-04-29
【KC's Column】 Many people still believe that if there are some positive factors, then both countries could get back to their former harmonious relationship. Those who hold this view or are in a wait-and-see mood, and most of them are entrepreneurs. In addition, there is also a large group who have been trapped by certain interests and have had a long history of harmless cooperation with China, by academic or technological partnerships, or with financial investment. These relations, initially harmless, have increasingly been dangerous. Apart from that, the marriages between two countries alone involve several hundred thousand Chinese and American couples. They are very much looking forward to the normalization, or “rather re-normalization” of U.S.-China relations. Would it be possible for China to take the initiative to push the normalization of U.S.-China relations in the future? It looks rather thin, said
Kung Chan, founder of ANBOUND.
>> As COVID-19 continues to hit Shanghai, "dynamic clearing" meets major challenges. Judging from the pressures on China's economy and the development tasks it is undertaking this year, the government shall pay more attention to its growth in balancing pandemic control and the economic goal. The first-quarter economic data from Shanghai and Guangdong have delivered warning signs. What is the top priority for China to do is putting its economy in a more important position. Being a pivotal city in the country's most economically developed regions, Shanghai should have been the supporting pillar of the national economy, and not the other way around. To this end, a comprehensive policy adjustment would be carried out as sooner as better, discussed economists at ANBOUND.
>>It is crucial for the Philadelphia region to continue to adapt and support its transit services in the continuously changing economy, noted
Dr. Richard Voith, Founding Principal of Econsult Solutions Inc. (ESI), in his recent article
Post-Pandemic Philadelphia Mobility: New Challenges, New Innovations. The long-run consequences of failing to adapt would result in significant economic losses for the region, as infrastructure is inefficiently used, and congestion grows on roadways. Declining confidence in transit could result in more cars purchased, more greenspaces converted into low-density developments, and ultimately huge new infrastructure expenses to support a less-green form of development that will only exacerbate climate change challenges. Over the next few years, the agency will need to deliver quality service during both peak and off-peak hours, as well as quality service on weekends to adapt and meet flexible work and travel demands.
The present shifts in expectations and lack of investors’ confidence are mostly reflected in the A-share market's extreme volatility. The players are much concerned about the pandemic and policy changes that are causing the flow and trend of China's economy. As things stand now, it is still necessary to adopt a systemic easing strategy as quickly as feasible to reverse market and policy expectations, so as to prevent missing any opportunities. Overall, China’s economy remains to keep resilient and constructs its stable foundation. However, to achieve its growth target this year, it is required to reinforce the implementation of macro policies. This is conducive to the stability of its capital market, and also benefits all round the economic health.
>>The current business development of Walmart and Amazon, with no doubt, that e-commerce has the upper hand. From the perspective of global capital trends, the inherent laws of urban economic development, and emergency needs, physical businesses such as Walmart are likely to make their disadvantage converted, where it might even transform the existing E-business model. The worldwide contest between brick-and-mortar businesses and e-commerce will be consistently going on. Traditional retail can better satisfy consumers' shopping experiences from the standpoint of their demands, but it is also vital to explore novel and more appealing consumption patterns in the light of the advent of e-commerce and the increased competition that it brings.
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