The Economy Markets

Two-thirds of companies plan workforce cuts or freezesGrowth increasingly driven by technology, not labor

EU eases carbon-fiber rules for cars as it shifts its policy course ‘2035 ban on sales of new ICE cars’ also effectively headed for rollback Amid industry pushback, EU delays AI Act rollout; possible slowdown for DMA and DSA also raised The Eur

Local-Government Debt Expansion Amid a Property Downturn China’s “Lost Decades” Risk Intensifies China’s Debt Ratio Breaks Above 300% of GDP for the First Time China’s local governments are sharply ramping up issuance of asset-backed

Semiconductor Capital Expenditure Sets New High on Expanding AI Demand Global Top Three Accelerate Investment Amid Advanced-Node Competition China Emerges as a Key Variable Shaping Cycle Sustainability Capital expenditure across the global semi

Security industrial policy now shapes what schools can access and teach Education must build resilience without shutting down openness Strategy will fail without skills pipelines and smart campus rules By October 15, 20

The Central Asia green transition will follow the fastest, cheapest supply chains The EU can lead on standards, skills, and grid readiness, even if China supplies hardware Central Asia keeps control by demanding open data and local capacity in every deal

Stories outlast statistics, and feeds reward that Viral politics runs on heroes, villains, and anger Teach narrative literacy, and push for cleaner platform data A study found that the impact of a statistic on belief decreased by 73% after j

Emphasis on expanding domestic demand dominanceClear disconnect between export indicators and consumer sentiment

Limited FX-Market Reaction Despite BOJ Policy-Rate Hike Last Week Global IB Warning of Large-Scale Liquidation Risk on Early-Year Yen Appreciation Entrenchment of Yen Carry Capital Amid Persistent Early-Year Yen Weakness Despite the Bank of Japan’s

Moves to Ease the Burden of a Prolonged CrisisAbsence from hearings fuels accusations of responsibility evasion

U.S.

Revision Passed at Final NPC Standing Committee Session of the Year Enhanced Capacity to Engage in Trade Disputes With the U.S., Japan, and the EU Supply-Chain Anxiety Spreads Beyond Rare Earths to Intermediate and Consumer Goods China has revise

“Dollars must return home, listings under review”Expanded control scope steers firms toward Hong Kong listings

China’s Debt Ratio Climbs to 302.3% by End-September, Liabilities Top 400 Trillion Yuan Surge in Local Government Debt and Deflation-Driven Nominal Growth Slowdown Push Ratio Higher Authorities Move on Debt Rollovers and Demand Stimulus, but Doubts Linger Over Short-Term Impact

Shortened construction timelines lead to additional investment and renewed expansionMoves to address both advanced logic processes and memory simultaneously

Chinese Chipmakers Rush Into IPOs Moore Threads, MetaX and Others Notch IPO Pops of Up to 6x Tech Self-Reliance Surges — Driven by U.S.

China overcapacity is designed, not accidental Cheap exports depress prices and spark tariffs Teach managed markets; hedge buys; build skills In 2024, China churned out over three-quarters of the world's battery cells.

2022 proved the nonlinear Phillips curve under tight labor Use two-speed budgets: inflation >4% and v/u >1 trigger Teach regime-switching to keep small misses small After the pandemic, inflation surged: in Europ

SVB proved digital runs can topple banks fast Real-time diversification is the best defense Faster, targeted supervision blunts coordinated risk In March 2023, the future of financial oversight looked grim.

Memory-wide “supercycle” reaffirmedChina’s shifting HBM roadmap emerges as the biggest variable