The rise of a manufacturing giant In 2000, China ranked seventh among the world’s exporters, contributing $249 billion to global merchandise trade. Just over two decades later, it stands atop the leaderboard, with exports reaching a staggering $3.4 trillion in 2023. That’s a 13.6x leap, compared
Huawei’s launch of its ultralow-latency cloud data center in Saudi Arabia represented more than a technological milestone, it was a bold declaration in the global race for digital dominance, shaking the foundations of a market long ruled by Western giants. Over the last six months, Chinese cloud providers have
Across the global economy in 2025, interest rates around the world are telling very different stories. In Russia, businesses face a 14.5 percent real interest rate, a signal of a tight monetary tightening. In contrast, Japan’s negative 2.1 percent rate reflects years of effort to spark demand
In 2021, Dunzo was the face of convenience in India promising deliveries in under 15 minutes and redefining last-mile logistics. Backed by Google and Reliance, it embodied the promise of quick commerce: speed, convenience, and scale. By early 2025, the same company was collapsing under the weight of unpaid employees,
Last month, U.S. retail sales rose by 1.4 percent, with a 4.2 percent increase year-over-year. At first glance, these numbers might signal strong consumer confidence. But a closer look reveals a more urgent and complex story, one driven by anxiety rather than optimism. Consumers are not spending
Unpacking the financial, strategic, and market implications of training large-scale AI models In recent years, the cost of training large-scale AI models has surged, signaling a dramatic shift in the AI landscape. Google's Gemini 1.0 Ultra model cost $192 million to develop, reflecting the increasing financial barriers
In the corridors of global pharma strategy meetings, one country’s name keeps surfacing: India. And with good reason. By the end of 2025, India’s pharmaceutical industry is expected to reach $65 billion, up from $32 billion just five years ago. This is not a routine growth trajectory. It
Vietnam, once celebrated as a rising manufacturing powerhouse in the wake of U.S.-China trade tensions, now faces mounting uncertainty. At the heart of the issue is a proposed 46% U.S. tariff on Vietnamese exports part of a broader push to address perceived trade imbalances and crack down
The U.S. has long allowed packages valued under $800 to enter the country free of tariffs through the de minimis exemption which was a critical advantage for platforms such as Shein and Temu. This exemption facilitated a wave of ultra-affordable imports, reshaping how American consumers engage with fashion. With
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India is quietly rewriting the economics of ride-hailing, and the rest of the world should be paying attention. While platforms like Uber and Lyft have traditionally relied on commission-based models, where drivers give up a percentage of each fare, the dynamics in India are forcing a rethink. In response to
In Argentina, the electric vehicle (EV) market is undergoing a quiet transformation with far-reaching implications. A recent government decision to slash import tariffs on electric and hybrid vehicles has not only opened the gates for foreign competition, it has revealed a deeper, more strategic shift in consumer behavior and global
Recent growth in China's artificial intelligence (AI) sector demonstrates a notable resilience and adaptability in response to international restrictions on advanced AI chips. Despite facing limitations on access to high-end semiconductors, Chinese companies have accelerated domestic innovation and diversified their strategies to sustain AI development. In the first