2024 APRIL ISSUE
MARKET REPORT
SHORT READ
| PART 2
Contents:
IMF Has To Refocus Itself
Report On the World Economy by IMF
Car Carriers Are Benefiting from China’s EV Export’s Surge
Wayco Recall Autonomous Vehicles Over Software Issues
Australia’s Tete-a-Tete With China
Warehousing is Taking New Approach
China’s Insatiable Appetite for Ship Building
Japan’s Robotic Stores
Chinese EV Suppliers Are Looking to Promote Their Niche
Japan is Reviving Its Chip Industry
India is Coming Up for iPhone Production
Act of Transshipment by China
China’s Dumping of Goods in International Market
Looking for Second Term in Brussels
Chinese New Year at This Time
Written by Andrew Sia
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From the Desk of the Publisher
In this writeup we have covered many areas. We mentioned IMF as its predecessors, Bretton Woods Agreement, will mark its 80th anniversary this year. It led to the formation of International Monetary Fund and the World Bank. These organizations have help to bail out of those developing countries from different averse situations especially those debt crises. We noticed that there are rooms for improvements and we hope that the leaders would have enough wisdom to help us to go through those unpleasant situations.
We continue to report about the electric vehicle and its potentials. We come to know about the car-carrying vessels that are in demand because of this niche market. We get to know about the parts supply for the EVs and took a glimpse of BYD’s factory in Hungary which is something that can be interesting.
We are happy to see that Japan has returned to the chip industry, something that they were so strong in the 1980s and 1990s. Their supply chain in the equipment and materials is still intact. It is so heartening to hear that their Nikkei 225 has returned to its highest point since 1989.
We read about Tamil Nadu in India, a province of 72 million is becoming the hub for iPhone production. Its young population can have a very bright future.
We continue to read about China going into conflicts with the Western countries. We hope that it can come into terms and work under the same value principles as the world has already very big troubles in two areas—the war of Ukraine started by Russia which is entering into its third year, and the war between the Hamas and Israelis have also been in its third months. We hope that with the Year of the Dragon can bring more meaningful policy for the country although we know that to bring them closer to the world would still have to take time and effort.
