Newsletter By 2024-02-09
【ANBOUND GEOPOLITICAL REVIEW】 China essentially mobilized a "financial special force" this time to stabilize the stock market, which is certainly shocking. The concern is whether, after such a stabilization act, the Chinese stock market would collapse and disappear. At first glance, many people might agree with this point.
ANBOUND’s founder Kung Chan expressed his disagreement in this regard that the relentless decline of the stock market is clearly a precursor to economic decline or collapse. This was the case in Japan, and it is also the case in China. After Japan's bubble economy burst in 1989, the Nikkei index plummeted from 38,957 to 6,694. Similarly, the spring stock market crash in China is also a prelude to economic decline. The biggest problem is that everyone is busy "sharing the cake" in the economic stock, and this cannot lead to positive economic trends.
>> Understanding the extent to which prescription drug prices are higher in the United States than in other countries—after accounting for differences in the volume and mix of drugs—is useful when developing and targeting policies to address both growth in drug spending and the financial impact of prescription drugs on consumers, discussed
researchers at RAND. Their report summarizes findings from comparisons of drug prices in the United States and other high-income countries based on 2022 data and presents results for specific types of drugs, including brand-name originator drugs and unbranded generic drugs, and from sensitivity analyses.
>>China needs to vigorously develop "systematic manufacturing" and enhance its capabilities in this area to build its competitiveness in the international market.
ANBOUND’s founder Kung Chan explains systematic manufacturing, a manufacturing model that revolves around complex industrial products, emphasizing intricate supply chain relationships and coordination of industrial processes. It involves multiple industries and requires close collaboration along the industrial chain, placing certain demands on the efficiency and ecology of the supply chain. The contrasting concept to systematic manufacturing is "singular manufacturing", which involves manufacturing activities centered around a single product, such as producing chips, cups, tools, or mineral water. For China to strengthen its systematic manufacturing, this often involves significant strategic investment decisions.
>>The progress and application of solid-state battery technology are becoming one of the focuses for industrial and financial capital. This is a sub-track in the global competition for new energy vehicles, attracting an increasing influx of capital, research institutions, and corporate entities. Being a new favorite of capital certainly contributes to developing a new track and the growth of innovative companies. In this track, the industry may need to take a rational view of when it will mature in terms of technology, industry, and commercialization. It is important to approach with caution when considering when solid-state batteries or semi-solid-state batteries can achieve iteration over existing technologies. All in all, for solid-state batteries or semi-solid-state batteries to achieve iteration over existing technologies, this still needs to be approached with caution, wrote
He Jun, Director of Macro-Economy Research Center and Senior Researcher at ANBOUND.
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