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Japan Times
10-07-2025
- Business
- Japan Times
Taking GDP out of the China equation
China still has the capacity for surprise. While growth is far slower than the clip that prevailed during the three-decade-long boom, recent data suggest a recovery of sorts might be in the offing. The health of global commerce hinges on whether this is a blip or heralds a return to a stronger footing. Unfortunately, there was a rush to evaluate the indicators based on whether President Xi Jinping's target for gross domestic product will be met, missed or surpassed. Beijing's goals hinge on a metric that, at the best of times, has flaws. Underlying conditions matter more and the recent numbers are encouraging. There are problems with looking at China's vitality through the GDP lens — the data is widely perceived to be finessed by officials. In a one-party state, the political incentives to achieving objectives set from the top are great, rarely more so than now. Leaders want an increase in GDP of around 5% in 2025 and are likely to, at least, come very close. As nice as that would be in a challenging global economy, it's a long way from a perfect report card. The real estate sector is still troubled, employment is lackluster and deflationary pressures persist. But let's not be too churlish. The second quarter ended on a reasonably positive note. Manufacturing shrank by a smaller margin than forecast, buoyed by an uptick in new orders, while the central bank made a more optimistic appraisal of conditions. The better factory performance followed figures showing a big jump in consumer spending, driven partly by subsidies on the purchase of household electronics. Traders have gone from debating the scale of any further stimulus to wondering whether authorities will do much at all. (The central bank has trimmed interest rates, but the cuts have been modest.) The developments beg questions fundamental to the health of the world economy. Is the downswing that China has endured the past few years about to make way for something better? Or do the latest numbers obscure the bleak projections that will accompany a prolonged trade tussle with the U.S.? At least some of the factory output in June reflects a rush to get stuff out the door and onto ships and planes before the suspension in American tariffs is lifted, according to Bloomberg Economics. Look for more of the same this month. If the worst is over for China, it would ease some of the burden that's fallen on the U.S. in recent years to support global growth. While China has languished, the American economy has done well — or at least it did prior to the imposition of harsh import levies. On the last working day before Trump was sworn in, the International Monetary Fund raised its forecast for the world expansion this year to 3.3%. The upgrade was attributed largely to a robust U.S. outlook. Much will depend on what relief Washington grants exporters to the U.S. in any final trade deal between Xi and U.S. President Donald Trump. And if the agreement sticks. Beyond this short-term positioning, GDP may not tell us much. While interpretations have always been particularly problematic in China, the measure is getting some welcome broader scrutiny. As a gauge of an economy's dynamism, it has some serious shortcomings as the definitive guide to how a country is traveling. The yardstick emerged from the 1940s and reflected the pressures of that unique moment, according to Diane Coyle, a professor at the University of Cambridge and author of the new book "The Measure of Progress: Counting What Really Matters." That era has passed and new ways to quantify well-being and progress are required. For example, advances in medicine that have boosted lifespans and quality of life ought to be given their due — as should dangers presented by environmental degradation and conflict. Advanced economies should pay heed, not just emerging markets. Veneration of GDP can be traced to the time "when physical capital was the binding constraint on growth in the postwar era, natural resources seemed free, and the pressing economic policy challenge was seen as effective demand management so the Great Depression could never recur,' Coyle wrote. "Now, nature is the binding constraint. Extreme weather will destroy much physical and human capital ... and new zoonotic diseases seem likely to emerge as humans press harder on natural habitats.' Her observations couldn't have come at a better time. China's economy may have bottomed. That doesn't mean a return to the stellar performance of the 1990s or early 2000s is remotely feasible. It might be time to dial back the worship of the growth target and how the objective is framed. That would be a real decoupling — and a pleasant surprise. Daniel Moss is a Bloomberg Opinion columnist covering Asian economies.
Yahoo
08-07-2025
- Business
- Yahoo
Supply Chain Management (SCM) Market worth $58.42 billion by 2030- Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., July 8, 2025 /PRNewswire/ -- The global Supply Chain Management Market size is projected to grow from USD 38.51 billion in 2025 to USD 58.42 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 8.7% during the forecast period, according to a new report by MarketsandMarkets™. The increasing complexity of global commerce, along with the growth in eCommerce use, is driving organizations to deploy flexible supply chain management solutions capable of handling dynamic inventory levels, real-time order processing, and cross-border transportation. These platforms provide centralized visibility, ensure regulatory compliance, and support last-mile delivery tracking, enabling businesses to meet rising online consumer demand while navigating international supply networks. As a result, companies can maintain operational efficiency, minimize disruptions, and achieve timely fulfillment across domestic and global markets. Browse in-depth TOC on "Supply Chain Management Market" 340 – Tables 58 – Figures361 – Pages Download PDF Brochure @ Scope Of the Report Report Metrics Details Market size available for years 2019–2030 Base year considered 2024 Forecast period 2025–2030 Forecast units Value (USD Million/USD Billion) Segments Covered Offering, deployment mode, organization size, vertical, and region Geographies covered North America, Europe, Asia Pacific, Middle East & Africa, and Latin America Companies covered Major vendors in the global Supply Chain Management Market include SAP (Germany), Oracle (US), Infor (US), Descartes (Canada), Manhattan Associates (US), IBM (US), Logility (US), Kinaxis (Canada), Blue Yonder (US), Körber (Germany), Coupa (US), Epicor (US), OMP (Belgium), E2open (US), JAGGAER (US), Zycus (US), GEP (US), o9 Solutions (US). Generix (France), ValuTrack Corporation (US), Tive (US), Freightify (Singapore), Lobb (India), Kale Logistics Solutions (India), Advantive (US), and Exiger (US). Based on offering, the software segment accounts for the largest market size during the forecast period. The software segment holds the largest market share within the offering segment of the SCM Market due to its critical role in automating and optimizing end-to-end supply chain operations. By enabling seamless execution of procurement, sourcing, production, and logistics, the software enhances overall operational efficiency. Its adaptability across industries, combined with features such as supplier relationship management, inventory control, and warehouse optimization, makes it indispensable for modern enterprises. The rising shift toward SaaS-based models, growing online commerce, and advancements in business intelligence further drive adoption. Moreover, faster deployments, improved decision-making, reduced operational costs, and enhanced scalability position SCM software as a foundational tool for enterprises aiming to achieve streamlined, resilient, and data-driven supply chain ecosystems. Request Sample Pages@ By organization size, SMEs account for the highest market growth during the forecast period. Small and medium-sized enterprises (SMEs) are projected to grow the fastest in the Supply Chain Management Market due to their increasing adoption of flexible, cost-effective cloud-based solutions. With limited capital and technical resources, SMEs prefer the pay-as-you-go deployment model to efficiently manage IT infrastructure and scale operations based on business needs. Intense competition from larger enterprises pushes SMEs to adopt SCM tools that enhance responsiveness, streamline decision-making, and boost productivity. The growing need to safeguard customer data, reduce operational costs, and improve supply chain visibility further accelerates adoption. SCM solutions offer SMEs the agility to adapt quickly, gain real-time insights, and remain competitive, positioning them as a high-growth segment within the overall SCM Market during the forecast period. By region, Asia Pacific accounts for the highest market growth during the forecast period. Asia Pacific has the fastest supply chain management (SCM) market growth due to its unique combination of rapid digital change, complicated trade networks, and rising eCommerce. The region is adopting IoT technologies—such as RFID sensors and real-time tracking systems—to enhance visibility and decision-making across fragmented and intermediary-rich supply chains. Additionally, mergers and acquisitions among logistics and SCM companies are hastening regional digitization. For example, E2open's acquisition of BluJay Solutions has expanded its global reach and deepened transportation and trade compliance capabilities, strengthening SCM infrastructure across Asia Pacific. The internet and smartphone penetration surge has further empowered platforms like Lazada, Shopee, and Amazon, while the increasing short-sea shipping demands robust SCM systems. These factors collectively drive widespread software and service adoption in the region. Inquire Before Buying@ Top Key Companies in Supply Chain Management Market: Major vendors in the global SCM Market include SAP (Germany), Oracle (US), Infor (US), Descartes (Canada), Manhattan Associates (US), IBM (US), Logility (US), Kinaxis (Canada), Blue Yonder (US), Körber (Germany), Coupa (US), Epicor (US), OMP (Belgium), E2open (US), JAGGAER (US), Zycus (US), GEP (US), o9 Solutions (US), Generix (France), ValuTrack Corporation (US), Tive (US), Freightify (Singapore), Lobb (India), Kale Logistics Solutions (India), Advantive (US), and Exiger (US). Browse Adjacent Markets: Information Security Market Research Reports & Consulting Related Reports: Cybersecurity Market- Global Forecast to 2030 Industrial Control Systems Security Market - Global Forecast to 2030 Email Encryption Market - Global Forecast to 2030 Quantum Key Distribution Market- Global Forecast to 2030 Identity and Access Management Market- Global Forecast to 2029 Privileged Access Management Market- Global Forecast to 2028 Get access to the latest updates on Supply Chain Management Companies and Supply Chain Management Industry About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter , LinkedIn and Facebook . Contact: Mr. Rohan SalgarkarMarketsandMarkets™ INC.1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Website: Logo: View original content: SOURCE MarketsandMarkets Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Reuters
03-07-2025
- Business
- Reuters
Alibaba looking to raise $1.53 billion through exchangeable bonds for cloud, commerce push
July 3 (Reuters) - Chinese tech giant Alibaba Group ( opens new tab said on Thursday it is seeking to raise around HK$12 billion ($1.53 billion) through exchangeable bonds to boost investments in cloud infrastructure and global commerce operations. The bonds link to Alibaba Health Technology ( opens new tab, the group said. Investors can later exchange these bonds for shares in Alibaba Health, and the bonds will not pay interest over time. Alibaba Group holds more than 44% of Alibaba Health. The debt sale follows Alibaba's $5 billion dual-currency bond in November, which was the largest deal of its kind in Asia-Pacific during 2024. Thursday's offering comes as more investors tap the Asian credit market after monetary and fiscal stimulus by Beijing policymakers improved the region's debt appeal.. Hong Kong-listed shares of Alibaba Group closed 2.9% lower at HK$106.20 on Thursday, while Alibaba Health stock ended down 2.8%. ($1 = 7.8496 Hong Kong dollars)


Zawya
03-07-2025
- Business
- Zawya
Alibaba looking to raise $1.53 billion through exchangeable bonds for cloud, commerce push
Chinese tech giant Alibaba Group said on Thursday it is seeking to raise around HK$12 billion ($1.53 billion) through exchangeable bonds to boost investments in cloud infrastructure and global commerce operations. The bonds link to Alibaba Health Technology, the group said. Investors can later exchange these bonds for shares in Alibaba Health, and the bonds will not pay interest over time. Alibaba Group holds more than 44% of Alibaba Health. The debt sale follows Alibaba's $5 billion dual-currency bond in November, which was the largest deal of its kind in Asia-Pacific during 2024. Thursday's offering comes as more investors tap the Asian credit market after monetary and fiscal stimulus by Beijing policymakers improved the region's debt appeal.. Hong Kong-listed shares of Alibaba Group closed 2.9% lower at HK$106.20 on Thursday, while Alibaba Health stock ended down 2.8%. ($1 = 7.8496 Hong Kong dollars) (Reporting by Rishav Chatterjee in Bengaluru; Editing by Tasim Zahid)
Yahoo
03-07-2025
- Business
- Yahoo
Alibaba looking to raise $1.53 billion through exchangeable bonds for cloud, commerce push
(Reuters) -Chinese tech giant Alibaba Group said on Thursday it is seeking to raise around HK$12 billion ($1.53 billion) through exchangeable bonds to boost investments in cloud infrastructure and global commerce operations. The bonds link to Alibaba Health Technology , the group said. Investors can later exchange these bonds for shares in Alibaba Health, and the bonds will not pay interest over time. Alibaba Group holds more than 44% of Alibaba Health. The debt sale follows Alibaba's $5 billion dual-currency bond in November, which was the largest deal of its kind in Asia-Pacific during 2024. Thursday's offering comes as more investors tap the Asian credit market after monetary and fiscal stimulus by Beijing policymakers improved the region's debt appeal.. Hong Kong-listed shares of Alibaba Group closed 2.9% lower at HK$106.20 on Thursday, while Alibaba Health stock ended down 2.8%. ($1 = 7.8496 Hong Kong dollars) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data