2024 OCTOBER ISSUE
MARKET REPORT
SHORT READ
| PART 1
Contents:
Bangladesh After the Presidential Election
Japan is Experiencing Its 11th Wave of COVID-19
BYD is Offering Hybrids With 1,300 Mile Driving Range
The U.S. National Debt
Bangladesh’s Prime Minister Hasina Fall From Grace
Sluggish China Demand is Affecting Global Businesses
PDD’s Business is Taking a Deep Dive
Global Fashion Business Moves Away from Bangladesh
Situation of Youth Unemployment in Asia
China’s Trade Policy is Hitting the Wall
China’s Trade War on Key Minerals
Panama Canal’s Situation After the Last Drought
Political Aspect About Tariffs on Imports from China
Robotaxis in China
The Real World of Shein
Written by Andrew Sia
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From the Desk of the Publisher
In this report, what is happening in Bangladesh has caught our attention, and we reported three times as the country is playing the number two role in the global garment supply. The riots in Bangladesh were due to the social injustice as works are given to the preferred families of the veterans during the revolution in 1971. It was also the time the country’s economy went into depression that led to the high rate of unemployment especially it affected the young people. The country is waiting for an election to bail it out from this difficult time.
In fact the youth unemployment is almost everywhere—China, India, Bangladesh, Indonesia and Malaysia. It affected the people between the age group of 15 and 24, which is also half of the global total in that age range. In Europe the situation is not better in Spain and Italy.
There were several reports about China which we would wait for you to explore. As the world’s largest manufacturing country, China is close to a third of global factory output. To see that China can come into terms with the free world and to trade on a fairer ground is many people’s wish.
