标题: Wall Street Journal, May 11, 2018 [打印本页] 作者: choi 时间: 5-12-2018 11:42 标题: Wall Street Journal, May 11, 2018 All of the three below are free. There is no need to read text (besides quotation), but do view graphics where available.
(1) James Hookway and Tom Wright, Fall of Malaysia's Ruling Party Shakes US Ally; In power for six decades, it was undermined by a corruption scandal; new leaders signal shift in China policy. At page A1 (front page). https://www.wsj.com/articles/fal ... u-s-ally-1525993571
Note:
(a) The online version carries photos but no graphic that appears in print. For the graphic, search images.google.com with (James Hookway and Tom Wright, Fall Malaysia) (no quotation marks); a vertical column comes up of four blue panels one stacked atop another. There is no legend in the column, so I supply here:
"Economic Progress[:] Malaysia's healthy growth has made the population better off but left them frustrated with the ruling party.
[panel 1's heading:] Gross domestic product[,] Pct [short for 'percentage'] change from a year earlier
[panel 2's heading:] Government debt as a percentage of GDP
[panel 3's heading:] GDP per capita, adjusted for price differences*
[panel 4's heading:] Pct of the population living below the national poverty line
* adjusted for purchase-power parity
Note: Estimate start in 2017 for government debt, in 2018 for GDP and GDP per capita
Sources: International Monetary Fund (GDP, debt, GDP per capita); World Bank (poverty)"
(b) Najib Razak was Malaysia's prime minister (Apr 3, 2009-May 10, 2018). Mahathir Mohamad (who started out as a rural doctor) was PM 1981-2003, followed by Abdullah Ahmad Badawi 2003-2009. All three belonged to the ruling party (but Mahathir Mohamad broke with the party to form an opposition party in 2017). In the 2008 federal election, the ruling party won but with a poor showing, so Badawi stepped down in 2009, paving the way for Razak, who led the ruling party to an electoral victory in 2013 to win a second PM term.
(c)
(i) "Malaysia is a constitutional monarchy with an elected monarch as head of state. * * * The constitutional marnach] is formally elected to a five-year term by and from the nine rulers of the Malay states (nine of the thirteen states of Malaysia that have hereditary royal rulers)." en.wikipedia.org for "Yang di-Pertuan Agong" (Malay for constitutional monarch.
(ii) "Elections in Malaysia exist at two levels: federal level and state level. * * * The Constitution of Malaysia requires that a general election must be held at least once every five years. However, the Prime Minister can ask the Yang di-Pertuan Agong to dissolve the Parliament at any time before this five-year period has expired." en.wikipedia.org for "elections in Malaysia." 作者: choi 时间: 5-12-2018 11:42
(2) Don Strumpf and Wayne Ma, As ZTE Falters, Customers Fidget. at page B1. https://www.wsj.com/articles/zte ... ustomers-1525957596
My comment:
(a) There is no need to read the rest. As for the "customers" in the title, It appears that most smartphone, as opposed to its telecom equipment, users are in US. See next.
(b) The online version does not carry a graphic that appears in print atop the title:
"Reliance on America[:]
US-based Qualcomm is by far the biggest supplier of chips for ZTE smartphones, and as shipments of those devices slow [see panel 2, due to loss of market share outside US] the US has gained importance for the handset maker.
(i) [panel 1] Share of ZTE shipments, by chipsets
First quarter, 2018[:] Qualcomm (84%), MediaTek (11%), Spreadtrum (5%)
(ii) (panel 2) Global shipments, quarterly
1Q17 (~11.3 million [of smartphones, 'around' because it is a bar chart]), 2Q17 (~9.3m), 3Q17 (~10.1m), 4Q17(~10.1m), 1Q18 ~6.4m)
(iii) (panel 3) Share of total shipments going to the US [from viewpoint of ZTE]
steady growth from 25 % at the start of 2017 to ~72% at the end of 1Q18 (ie, at the end of March 2018)
Source: Canalys" 作者: choi 时间: 5-12-2018 11:47
(3) Christina Rogers and Trefor Moss, Ford's China Push Stalls Out as New Models Warm Up. at page B3. https://www.wsj.com/articles/why ... altering-1525950005
("Ford's car sales are stalling. In 2014, the auto maker ranked as the sixth-largest by passenger-car sales in China. It plunged to 18th place in the first three months of this year, according to research firm LMC Automotive * * * Ford's car sales are stalling. In 2014, the auto maker ranked as the sixth-largest by passenger-car sales in China. It plunged to 18th place in the first three months of this year, according to research firm LMC Automotive [Ltd, based on Oxford, England]. * * * [details of loss next:] While the Chinese joint-venture operations contributed $138 million to Ford's quarterly profit, that gain was more than offset by engineering costs for future products aimed at the local market, Ford's finance chief said during an April earnings call. * * * Ford executives say new models planned for China, including a new Kuga SUV [翼虎SUV] unveiled at the Beijing Auto Show in April * * * should boost sales")