China

International Economics

US Trade War Saps China’s Economic Momentum

Photo by Getty Images via Unsplash

While a trade war bruised the US economy, China isn’t immune to the pain, and its leaders are growing more receptive to negotiation.

2 min read

Photo via Novo Nordisk

Healthcare

Wegovy Finally Gains Regulatory Approval in China

Novo Nordisk scored approval to sell its Wegovy weight loss drug in China. That’s a big win, but competitors will soon flood in.

2 min read
Photo via U.S. Patent and Trademark Office

Patent Drop

Tesla Patent Could Fix Phantom Braking as It Continues Autonomous Ambitions

Tesla wants to make sure its autonomous vehicles don’t fall for light tricks.

2 min read
Photo by Kārlis Dambrāns via CC BY 2.0

Technology

Is Huawei Becoming the Apple of China?

Huawei may be considering taking a commission on in-app purchases on its native OS — a tactic that’s bore fruit for both Apple and Google.

2 min read

Consumer

Economic Anxiety Leaves McDonald’s Digesting Biggest Sales Drop in Five Years

Photo by Jason Miraples via Unsplash

Fast-food chain McDonald’s, an economic indicator because of its mammoth global presence, posted its worst earnings report since 2020.

2 min read

Consumer

Starbucks Slings High-Speed Drinks in Caffeinated Comeback Plan

Photo by Hamza Inayat via Unsplash

Reducing beverage-wait times is part of Starbucks CEO Brian Niccol’s turnaround plan, which includes tech updates focused on efficiency.

2 min read

Photo by Vishnu Mohanan via Unsplash

Semiconductors

China Raises $47 Billion to Stoke the Global Semiconductor Arms Race

China’s DIY solution dovetails with what the West has been doing itself with huge government subsidies for manufacturing.

1 min read
Photo by Edward He via Unsplash

Banking

Jamie Dimon Seems Unfazed About JPMorgan’s Tepid China Business

Despite some business “falling off a cliff” the CEO said other operations “should hopefully grow over time.”

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photo via Lilium Media

Industries

The Future is Almost Now for Flying Cars and eVTOLs

Hundreds of aviation startups are funneling billions of dollars toward what they hope will be a new form of low-emission air travel.

6 min read

International Economics

Retailers Prep for Supply Chain Breakdown

Photo by Mick Haupt via Unsplash

To prepare for a slowdown of global trade, US retailers spent months building a massive inventory to prevent empty shelves.

2 min read

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