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...Zheng Wei, 61, was among the crowd and said he bought his first Apple product about a decade ago....
...The production value of AI servers already exceeded 50 per cent of the total global server market in 2023, Wei said, adding that the MIC forecast the penetration of AI servers would rise from 12.4 per cent...
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...Founder and chief executive Cheng Wei and president Jean Liu were fined an additional Rmb1mn each....
...Nio’s Chinese name, “wei lai”, translates to “blue sky coming”. Li’s motivation was not just environmental. He believed traditional carmakers had lost their way on customer service....
...Disappointing sales included that of the Chinese billionaire couple Liu Yiqian and Wang Wei at Sotheby’s in Hong Kong....
...If goods are the same or similar, competition and distortion of the relevant market can be presumed....
...This modest approach, argues Wei He of Gavekal Dragonomics, reflects the Communist party’s view that “post-Covid recoveries in other countries have taken a year or more to unfold, China’s will also, and...
...(Pimco) — The PagerDuty CEO who quoted Martin Luther King in her mass sacking email is v v v sorry....
...Wei Li, global chief investment strategist at the BlackRock Investment Institute, said “being more nimble” was important in the current investing environment....
...Industry insiders also speak of a rivalry between Xing and Didi founder Cheng Wei. In recent weeks, Meituan has decided to “streamline” its ride-hailing business operation....
...I think a lot of people were anticipating a V-shaped recovery . . . People are now waking up the realisation that volatility is going to be normal going forward.”...
...Wei warned that the global semiconductor industry will probably decline in 2023 due to a market slowdown and macroeconomic woes, but said his company could still “grow” in a downturn thanks to its resilience...
...“Markets are hoping that inflationary pressure will just magically disappear,” said Wei Li, chief investment strategist at BlackRock, the world’s largest asset manager....
...Often missing from the debate is Douyin, which is what owner ByteDance calls TikTok in its domestic market....
...Email me your thoughts at sid.v@ft.com. Latest news Amy Kazmin in Rome has a fascinating piece on why Giorgia Meloni is pushing back on Italy’s shift to digital payments....
...don’t already know may be disappointed to learn that The Anschutz Corporation (which owns AEG, which also runs Coachella) gave $75,000 to the Republican Attorneys General Association five days after Roe v....
...But markets will eventually tire of waiting. (Ethan Wu) One good read Ah, youth....
...The antitrust fines were handed out by a different regulatory body, the State Administration of Market Regulation....
...Didi Chuxing’s founders Cheng Wei and Jean Liu, who have retreated from the limelight, hope exiting the US market will spur Beijing to wrap up the regulatory probe....
...The Korean Wave opens September 24, V&A ‘Make, Break, Remix: The Rise of K-Style’ by Fiona Bae, (Thames & Hudson), will be published in the UK & Ireland on 22 September 2022...
...A version of this article was first published by Nikkei Asia on February 14 2023. ©2023 Nikkei Inc. All rights reserved....
...The V&A in London is also in difficulties over treasures in its recent wonderful exhibition of Fabergé eggs, which ended some weeks ago....
...Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...“This may not be the right time for the government to go to the market to raise money, as there is so much vulnerability in stock markets,” said V Upadhyay, adjunct professor of economics at the Indian Institute...
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