Daily commentary-每日见闻-2022.9.18 Global environment:Politics:US: Domestically US focused on pushing through acts to create jobs and lower living costs for citizens. Internationally US is challenging potential rivals in key industries to keep US's edge on key industries. What is key industry for US? They are chips, biotech, new energy. Why these three industries are very important? Since these products could greatly improve productivities.China: Domestically China focused on coming 20th communist congree. Internationally China trys to establishmore allies to counter the pressure from US.

Daily commentary-每日见闻-2022.9.13 Global environment:Politics:-US: Domestically US is still preparing for Midterm election. Democrats are trying to pass more bills to benefits residents. Republicans are tring to blocking these acts. Internationally, US is strengthening its tie with allies to curb the growths of potential threats such as Russia and China. US are rolling out more cooperation agreements with NA and EU countries and leave Russia and China out.-China: Domestically China is still preparing for the coming 20th communist congress. Governments are trying to boost economy while reducing therisk of covid outbreak. Internationally, China is trying to expand its cooperation with different countires to strengthen its exports.-UK: Domestically UK is still immerced in grief of lost Queen Elizabeth II. The new Prime Minister try to keep the economy at high growth paceas well as keep energy price low for citizens. Internationally, UK is lining up with US to boycott Russia and potentially China.Economy:-US: US economy remain strong in q3 2022 and may extend this trend to 2023. -China: China is struggling with downward pressure due to Covid and competition from other countries.

Daily commentary-每日见闻-2022.8.18 World environment:1.Politics:US is trying to keep its China is still focusing on maintain its social advantage of mutual prosparity. 2.Economics:US:China:The way to fufil this is to boost the income for most of people.In order to boost the income for most of people, government need to boostthe industry that will benefit most of people, such as construction and e-commerce. Market is waiting for more stimulus come from 

Daily commentary-每日见闻-2022.7.31 As China is still recovering from previous covid lockdown, Chinese gov needs to boost Chinese economy big bigger dose including give consumer stimulus which should be the biggest part due to its weights on economy, then gov also needs to enlarge its investment. There are signs that

Daily commentary-每日见闻-2022.7.28 US:Politics:Biden administration still focusing on getting votes for mid-term election. The best way to getting votes is to complete what he committed and win glory for its citizens. US citizens want to live a better life.Economics:Since Fed signals that it may slow down its rate hiking, stock market and debt market are cheering this potential change. Market priced in about 3% rate hike already. If Fed hike rate more than this, market may further correct. Culture:People are care more about how to make money and how to enjoy life. Also people are more divided.Technology:US passed a bill to boost the chip industry.Health:US is working on a deal to cut medicine cost for care plan.Education:US is delay the payment for students loans.China:Politics:Chinese Political Bureau is asking for stable political and economical environment for 2H 2022 with more focus on people's living. Government is pledged to protect people's right on house, daily living, working, and enjoying life. What is matter to people's daily life? Eat, wearing, house, necessaries, cars/bike. These are the basic need of people. People need to work to get salary to have a beter life. So government need to help people get employed first.Economy:Chinese economy contracted by about 2.6% in Q2 2022 qoq. So society production is reduced and people's income also reduced. Government need to put more money to the society to make it work to generate more products and services. This would generate more work and income for citizens. Fiscal stimulus include enlarge investment on new fundamental infrastructure, which include transportation, next energy, new computing, new material