Review: ‘The Billionaire Raj’ Offers Reasons for Optimism in India’s Gilded Age

Review: ‘The Billionaire Raj’ Offers Reasons for Optimism in India’s Gilded Age

Get the DealBook newsletter to make sense of main enterprise and coverage headlines — and the power-brokers who form them.__________ For near a century main as much as its independence in 1947, India operated beneath a system of British governance often called the Raj, taken from a Sanskrit phrase that means “kingdom” or “rule.” Then, […]

Xiaomi, a Chinese Technology Darling, Slumps After I.P.O.

Xiaomi, a Chinese Technology Darling, Slumps After I.P.O.

HONG KONG — Xiaomi, the Chinese smartphone maker, fell about four % in its buying and selling debut in Hong Kong on Monday, in a sluggish begin for the primary of what could also be a slew of Chinese expertise firms promoting shares to the general public there in coming months. The firm, which makes […]

Opinion

Opinion

But NATO shouldn’t be a golf membership, and cash, the one factor Mr. Trump prizes, is only one, slim measure of the prices and advantages of belonging. This president has proven no understanding of the facility of partnership, and the reciprocal nature of its bonds, in an alliance that stands for one thing far greater […]

Inside China’s Dystopian Dreams: A.I., Shame and Lots of Cameras

Inside China’s Dystopian Dreams: A.I., Shame and Lots of Cameras

ZHENGZHOU, China — In the Chinese metropolis of Zhengzhou, a police officer sporting facial recognition glasses noticed a heroin smuggler at a prepare station. In Qingdao, a metropolis well-known for its German colonial heritage, cameras powered by synthetic intelligence helped the police snatch two dozen prison suspects within the midst of a giant annual beer […]

Opinion

Opinion

Trump’s declaration that “trade wars are good, and easy to win” is an prompt basic, proper up there with Herbert Hoover’s “prosperity is just around the corner.” Trump clearly believes that commerce is a sport by which he who runs the most important surplus wins, and that America, which imports greater than it exports, due […]

Opinion

Opinion

The crush on the entrance to Shanghai Disneyland was significantly chaotic, even for China. Squeezed and jostled, I cursed underneath my breath. It didn’t look like this was going to be the happiest place on earth if everybody stored attempting to chop in line. But as soon as contained in the park, the crowds modified […]

Trump Starts a Trade War, but the Path to Success Remains Unclear

Trump Starts a Trade War, however the Path to Success Remains Unclear

WASHINGTON — The United States and China hit each other with punishing tariffs on Friday as the 2 nations tipped right into a long-feared commerce warfare that’s solely anticipated to escalate. President Trump has mentioned that commerce wars are “easy to win.” Now, as he opens a world skirmish with allies and adversaries alike, the […]

Mercedes-Benz will check self-driving vehicles on public roads in Beijing

The check autos use expertise from Daimler’s partner Baidu Apollo, they usually needed to undergo rigorous closed-course testing in Beijing and Hebei earlier than Chinese authorities granted the license. The vehicles will nonetheless have human drivers behind the wheel able to take over if something goes unsuitable. Daimler says Beijing has “unique and complex urban […]

Byton’s car of the future will be a ‘next-gen smart device’

Byton’s automobile of the longer term will probably be a ‘next-gen good system’

“We think it was perfect what Steve Jobs said a decade ago, that a revolution of the user interface will change everything,” stated Henrik Wenders, advertising VP of China-based automotive startup Byton. “So just like the iPhone put the entire mobile phone industry upside down, we predict that we have to interpret this strategy for […]

Trade War Between U.S. and China Moves From Threat to Reality

Trump’s Trade War Against China Is Officially Underway

WASHINGTON — A commerce warfare between the world’s two largest economies formally started on Friday morning because the Trump administration adopted via with its menace to impose tariffs on $34 billion price of Chinese merchandise, a major escalation of a battle that might harm corporations and shoppers in each the United States and China. The […]