Venture capital finance has dried up amid political and economic pressures, prompting a dramatic fall in new company formation Tencent’s Pony Ma, left, and Alibaba’s Jack Ma, centre, helped make China a top VC market, but big-name funds such as Neil Shen’s HongShan are struggling to find lucrative investments in the country © FT montage; Getty Images
Elon Musk says Chinese EV makers will 'pretty much demolish' most competitors without trade barriers Published Thu, Jan 25 20247:12 AM ESTUpdated Thu, Jan 25 20241:50 PM EST Elon Musk said Chinese electric car makers will find "significant" success outside of China, even as his auto firm, Tesla, faces intense competition from these same companies."Frankly, I think, if there are not trade barriers
In 2023, the U.S. economy vastly outperformed expectations. A widely predicted recession never happened. Many economists (though not me) argued that getting inflation down would require years of high unemployment; instead, we’ve experienced immaculate disinflation, rapidly falling inflation at no visible cost. But the story has been very different in the world’s biggest economy (or second biggest
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