Last week, the White House announced a 100% Section 232 tariff on large drones and critical components, citing their dual-use applications. The duties are set to take effect on September 3.
Recently, several media sources reported that Liaoning province had been fabricating its economic data from 2011 to 2014. As reported by the state-run People’s Daily newspaper, city- and county-level governments altered economic data, including exaggerating their fiscal revenues by at least 20 percent. Previously, the official news agency Xinhua reported that one county in Liaoning had overstated its fiscal revenues by 127 percent in 2013. This incident strengthens longstanding suspicions of data manipulation and methodological inadequacies distorting China’s economic performance.Therefore, making sense of China’s economic data poses challenges for foreign investors, who invariably need accurate statistics to make informed business decisions.
As the shortage in the Asian executive talent pipeline continues to pose a major business challenge for multinational companies, a majority of female Asian leaders at multinational corporations feel trapped in regional roles, according to a new study by Heidrick & Struggles.
