French Economist Calls for a New Bretton Woods;Xiangdixian Semiconductor Start-Up Faces Collapse;Pin

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Welcome to our 《Chinese Finance and Economy Briefing》 show! Today, we dive into the insights of French economist Marc Uzan, who is advocating for a restructured global financial system that reflects the changing dynamics of power, especially with China's growing influence. Uzan emphasizes the importance of international cooperation to tackle contemporary challenges and the need for reforms in institutions like the IMF to ensure fair representation.

In other news, the Chinese semiconductor start-up Xiangdixian has unfortunately collapsed amid a cash crunch, resulting in the dismissal of nearly 400 employees. This highlights the ongoing struggles within China's tech industry as it strives for self-sufficiency. Meanwhile, Pinduoduo is taking steps to address merchant dissatisfaction by offering partial refunds on service fees after promising a significant waiver, showcasing the competitive landscape of Chinese e-commerce and the need for fair practices.

Please stay tuned for more detailed coverage of these stories!

#JackMa #PBOC #Us-chinaTrade #ChinaEconomy #ChinaTrade #ChinaExports #ChinaInvestment #ChinaGDP #LiQiangChinaEconomy #Alibaba
Catégories
E commerce Divers
Mots-clés
Alibaba, China GDP, China bank

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