Daily commentary-每日评论-2023.4.18 Global environment:Politics:Overall, US try to isolate China and crash Russia. EU minize the conflict with China. APEC coutries moved close to US and increase competition with China.China:Externally,EU:Externally, EU preparing for a united policy on China from its members.UK:Internally Prime Minister Sunank is under investigation on his false financial filing. If he conviced wrong doing, he will face pressure to step down.Economy:Overall global economy is still strong even Fed rate hike loomed the economy growth forecast.China:Chinese economy expanded @ 4.5% rate yoy, which is higher than economist expectation of 4%. Agriculture industry and service industry increased more than expected. Manufacturing industry also grew strongly.UK:UK wage continue to rise in the three months February. It rose 5.9%yoy, above the expectation of 5.1%. Finance sector and construction sector increased the most. After deducting inflation,real wage growth was negative.Culture:US:Internally US people more prefer remote working.Milleniums enjoys life more.China:Internally Chinese gov boosts national culture confidence. Elevated the good traditional merits, such as respect old and respect others. Chinese milleniums more oriented towards cyber culture, which is selfish, cute, enjoy life.Education:China:Internally, Chinese education resources are more concentrated to rich classes.Technology:China:China is focusing on leverage latest digital-tech to increase the productivity of all industry.This would need a lot of CPU and GPUs.

Daily Commentary-每日见闻-2023.04.17 Global environment:Politics:US:Externally,US is luring Vietnam to enhance military ties to curb growth of China. Internally Desantis try to make a case on abortion to winsupports in GOP. Trump deal with court on potential charges. Biden pushed through several acts he signed to try to get more supports.China:Externally,China is ehancing relationship with France and Brazil to confront competition from US. Internally, China focused on EU:EU is seeking Chinese and US supports to end Russia-Ukraine conflicts.Japan:Japan is standing stronger against China on the rise of Chinese military threats.Germany:German government is underpressure to decoupling from China.India:India is avoiding to critisize Russia and curbing Chinaese growth and military threats.UK:Internally, UK government faced strikes from labor union calling for pay increase.Canada:Trudu faced investigation on accepting election donation from China.South Korea:Internally, South Korea government faced protests againstUS surveilience on South Korea.Markets Overview:VC:VC investment is getting to a higher level from 2022.

Daily commentary-每日见闻-2023.2.11 Global environmentPolitics:US:GOP is using House to block Democrates' efforts of raising debt ceiling. Republican is focusing on review the challenge from China and keepUS competitive. US put sanctions on 5 Chinese companies, who produced ballon which traveled to US. Fights between Trump and Biden is escalating before the eletion start.China:EU:Japan:India:UK:Canada:South Korea:Economy:Culture:Education:Technology:Healthcare:Big eventsRussia-Ukraine: Russia is agree to proceed cease-fire talk with Ukraine. Not sure what is the requirement for the negotiation from Russia yet. But this is a positive signal that Russia -Ukraine war may finish soon. Currently, Russia is still attacking Kyiv and southern cities. Russia is using missles and drones to carry out attacks.Energy crisis: Russia announced to cut 500k barrels crude oil production since March after consulting OPEC. This is about 0.5% global daily production. Global demands haven't change much since Jan.2023. Due to high oil pice, OPEC expect price may curb global energy demands.Natural gas price continue to be weak in US after 100% decrease in Dec 2022. As EU has a mild winter, demands for natural gas didn't spike as expected.Overall energy supply would still be tight in 2023.Jet-Fuel price jumped in Fed due to tavels rebound in China.Food crisis:Climate changes:Chat-GPT:

Daily commentary-每日见闻-2022.11.25 Global environment:Politics:US:GOP is on the way to block Democrats' actions. Democrats still challenge Trump on his tax return and Mar-a-Largo files.China:Gov is stick to covid-zero policy. But there are signs of easingcovid-zero policy. There are signs of relaxing covid-zero policy, but not sure how long it will take to remove the policy. China gov is focusing on enhance its allience globally.EU:EU failed to reach agreement on natural gas cap price and Russian oil cap price. Germany argue low cap price would hurt supply of energy to EU.Japan:Japan tries to strengthen its reEconomy:US:US economy is still strong and expect to continue to grow in 2023 and 2024. US economy is driving globe now.China:China economy bottomed and expect to stay in bottom for next 2-3 years due to strong intervene from government on economic growth.EU:EU economy kept growing, although at slow paces. EU economy would keep growing in next 2-3 years due to strong demands from US and other countries.Japan:Japan economy is stable.

Daily commentary-每日见闻-2022.11.23 Global environment:Politics:US:GOP is on the track to block Biden's action. However, competition with China is unchangeable due to US citizen's interests. Senate put pressure on Biden to provide drones to Ukraine to fight down Russia.China:China local politics is very stable now and gov focuses on form more allies to boost regional politics.UK:New Prime Minister works to restore confidence from citizens. Theyalso worked on tax increase and gov spending cuts.New government need to convince people that they are capable of restore credibility of the UK gov.EU:EU agreed to put a price cap on natural gas price.Japan:Japan focused on South Korea:Economy: