Newsletter By 2023-09-01
The BRICS summit was held in Johannesburg, South Africa on August 22-24, 2023. It is the first in-person meeting of BRICS leaders after the COVID-19 pandemic, and drew global media attention. There was a conversation between ANBOUND's founder Kung Chan and
South China Morning Post (SCMP) China Reporter piercing through the noises of BRICS. Please read the original notes.
>>Is the EU's Regulation 2023/1542 part of a "green trade barrier"? Obviously, it adds difficulty and costs for Chinese companies to enter the European market. Should the Chinese adapt to the higher standards of the EU market, they might upgrade to the world-class levels in the battery production field. China's industrial player shall proactively adjust themselves. In doing so, they could cultivate a more advanced and systematic industrial production capacity within the power battery industry, surpassing other nations. Admittedly, this will be a transformative journey for Chinese businesses, potentially to make considerable ones being phased out. Such a transition is beneficial to China's battery progress and industry enhancement, ultimately, boosting their global competitiveness, discussed
He Jun, Director of Macro-Economy Research Center and Senior Researcher at ANBOUND.
>>How doing social good improves business and economic performance? To analyze how firms foster social sustainability, and the benefits and challenges they face, NTT commissioned
ThoughtLab to conduct a survey in February 2023. Economists at ThoughtLab reached out to 250 senior executives from companies in eight regions. These included North America (US, Canada, and Mexico), Europe (Germany and the UK), and APAC (Australia, Hong Kong, and Singapore). They surveyed companies across five industries: manufacturing; telecoms and technology; retail and consumer goods; financial services; and healthcare and life sciences. These companies varied in size: revenue ranged from $1 billion to over $100 billion. This paper focuses largely on sustainability leaders, since they provide unique insights into the benefits of embracing social sustainability and the practices that deliver the best results. Click
here to read more.
When a police officer is placed inside a school, there are fewer fights and petty crimes. But there also appear to be more suspensions, expulsions, and arrests than there would have been without an officer present, discussed university professors, policy researcher and senior economist at the
RAND Corporation.
>>Internet rumors recently said that the central bank of China has issued new regulations regarding deposits and withdrawals, involving real-name authentication, limitations on monthly deposit amounts per individual and per company, as well as the requirement for deposits to be authenticated with real names. Are these pieces of information circulated in cyberspace true? No clear denial has yet come from official channels. Our question is based on a hypothetical scenario: if such a financial crisis is to arise, what would it be like? We are exploring the analysis on whether there are better approaches to address banking industry, said
ANBOUND’s founder Kung Chan.
>>
