UNIA President General Michael Duncan gives a tour of the successful restaurant owners depot business where over 200 New York City restaurants are supplied with goods.

Chinese Buyers are deserting German Brands - this will end in disaster.

In recent years, the Chinese automotive market has undergone a significant transformation. Once dominated by German brands like Volkswagen, BMW, and Mercedes-Benz, the landscape is now shifting as Chinese consumers increasingly favor domestic brands. The story of why Chinese car buyers are increasingly choosing to move away from German car brands is one that reflects changing trends, technological advances, cultural shifts, and the ever-evolving automotive landscape in China.

For years, brands like BMW, Mercedes-Benz, and Audi held a unique position in the Chinese market. They were symbols of prestige, success, and quality, viewed as the ultimate choices for those who wanted a car with both style and a legacy of engineering excellence. The German reputation for quality, particularly in the luxury segment, drew countless Chinese buyers who wanted the best. Owning a German car was seen as a statement and a way to demonstrate economic success. However, a noticeable shift has been taking place in recent years. Chinese buyers, who once strongly preferred these established German brands, are now increasingly looking towards domestic alternatives and new players in the automotive world, including electric vehicle (EV) companies that align more closely with the country’s direction.

China's automotive industry has seen rapid growth and development over the past decade. One of the most significant reasons behind this shift is the rise of competitive Chinese automakers. Brands like BYD, Nio, Xpeng, and Geely have emerged as strong contenders, especially in the EV segment. As these brands continue to improve their products, they’re gaining the respect and interest of local buyers who are impressed with both the performance and technology offered by these vehicles.

Chinese automakers have taken bold steps in innovation, investing heavily in electric technology, smart car features, and even autonomous driving capabilities, all of which align well with the desires of the modern Chinese consumer. This is especially true in an era where young buyers, who are often more tech-savvy and environmentally conscious, make up a significant part of the market. These younger consumers are often more interested in the latest technology and eco-friendly options rather than traditional luxury status, making local EV brands even more appealing.Another key factors driving the success of Chinese brands is their focus on electric vehicles. China has been a global leader in the adoption of EVs, supported by government policies and incentives aimed at reducing pollution and promoting sustainable transportation. As a result, Chinese automakers have been able to capture a significant share of the EV market, outpacing their German counterparts.

What has been my experience in Ghana for nearly 2 years, this is part 2…
🔥Grab ‘How I Live On £300 a month in Accra’. (Price Break Down)
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⏰ Timecodes ⏰

00:00 Introduction
00:14 What are the opportunities like for starting a business in Ghana?
01:49 What industries seem to be booming, and which ones are more challenging to enter?
05:25 How do you navigate the local bureaucracy, especially with things like business registration and licences?
06:27 Is it easy to find employment, and what is the job market like for diasporans?
07:26 What advice would you give to someone wanting to relocate and start a business in Ghana
10:15 Have you found it easy to make friends and build a social network?
12:32 How do you stay connected with your family and friends back in the West?
12:51 What cultural differences have surprised you the most since moving to Ghana?

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Tour and Relocation Community is dedicated to sharing engaging, authentic and current info on life in Africa.

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What if I told you that one man's vision could transform an entire nation's agriculture? What if this transformation didn't just promise food security, but also symbolized a bold move toward real independence? Ibrahim Traoré, the young and dynamic leader of Burkina Faso, is making waves with his groundbreaking initiative to bring 2,000 tractors to revolutionize his country's agricultural sector. This isn’t just about machines—it’s about empowering rural communities, tackling food insecurity, and pushing Burkina Faso, along with the broader Sahel States, toward true independence from former colonial powers like France. Agriculture is the backbone of many African economies, and it’s time for countries like Burkina Faso to stop relying on outdated farming methods and foreign imports. Ibrahim Traoré’s tractor initiative is poised to change that, giving farmers the tools they need to increase productivity and reclaim control of their land and future. Stay with me as we dive deep into how this ambitious project is unfolding and why it could be a game-changer, not just for Burkina Faso, but for the whole of Africa. Burkina Faso’s agriculture, like much of sub-Saharan Africa, has long struggled under the weight of traditional farming practices, climate change, and a lack of resources. The country’s agricultural sector still relies heavily on manual labor, with farmers working with basic tools, outdated methods, and minimal technological support.

Venture Capital and Private Equity firms poured tens of billions of dollars were poured into shares of farm equipment makers, fertilizer companies, and even indoor vertical farms and cropland. Conventional wisdom was that these were very safe investments that would yield outsized returns as the world struggled to feed itself over coming decades.

That investment thesis has now collapsed, amid plunging global food prices and soaring farm productivity. The ag sector of the developing world produced record crops, and did so without the expensive equipment produced by major Western farm equipment makers, such as John Deere and Case New Holland.

As VC and PE firms are now seeing double-digit annual declines in cash flows from their investments into the agriculture theme, we should expect them to sell their positions, and return to tech sector investment.

Resources and links:

Deere Announces More Layoffs
https://www.dtnpf.com/agricult....ure/web/ag/news/equi

John Deere announces more Midwest layoffs
https://www.agriculture.com/jo....hn-deere-announces-m

John Deere announces another round of layoffs, this time of 287 workers in Quad Cities
https://www.desmoinesregister.....com/story/money/busi

Bill Gates Portfolio: 7 Best Stocks to Buy Now
https://money.usnews.com/inves....ting/articles/bill-g

Barrons, World Hunger Is on the Rise. These Companies Have Solutions.
https://www.barrons.com/articl....es/companies-solving

Politico, The world food crisis is about to get worse
https://www.politico.eu/articl....e/world-food-crisis-

McKinsey, A reflection on global food security challenges amid the war in Ukraine and the early impact of climate change
https://www.mckinsey.com/indus....tries/agriculture/ou

The World Is Headed for a Food Security Crisis. Here’s How We Can Avert It
https://time.com/5216532/globa....l-food-security-rich

Who Will Feed China?: Wake-Up Call for a Small Planet (Worldwatch Environmental Alert)
https://www.amazon.com/Who-Wil....l-Feed-China-Environ

Bill Gates Increases His Stake in Deere to More than 10%
https://www.rermag.com/earthmo....ving/article/2095500

Investment firms are buying more farmland
https://www.morningbrew.com/da....ily/stories/investme

Reuters, Investment funds stocking up on US farmland in safe-haven bet
https://www.reuters.com/market....s/commodities/invest

Average Chinese national now eats more protein than an American: UN food agency
https://www.scmp.com/news/chin....a/science/article/32

China factory sourcing website:
www.made-in-china.com

What does vertical farming mean to investors?
https://avisomo.com/vertical-farming-investors/

The vertical farming boom is over (for now). What went wrong?
https://sifted.eu/articles/ver....tical-farming-boom-o

U.S. Agricultural Land Values and Cropland Cash Rents Reach Record Levels Amid Falling Commodity Prices
https://www.fb.org/market-inte....l/u-s-agricultural-l

Land Report: Bill Gates nation’s largest private owner of farmland
https://landreport.com/land-report-100/bill-gates

An exhibition in central Japan showcases tens of thousands of parts, stripped from the world's top-selling models. Japanese car parts manufacturers were stunned at the advances of Chinese brands BYD and Nio.

Chinese carmakers hold costs down through engineering advances in parts assembly, and with a far higher degree of vertical integration of production. Chinese companies integrate multiple components into one part, and then standardize those integrated parts across multiple car models. This results in far fewer parts per car, faster manufacturing time, and lower vehicle weight.

Industry insiders are increasingly critical of top executives in the US, Europe, and Japan who have been blindsided by Chinese ascent and near-domination of the global car industry. Consultants and engineering experts in China have reported for years on Chinese monopolies of supply chains, engineering breakthroughs, and product quality. Yet the CEO's and top officers of legacy car brands were seemingly unaware of key developments that were upending their own industry, and which now threaten their survival.

Resources and links:

Nikkei, Japanese tear down Chinese EV’s and don’t like what they see
https://asia.nikkei.com/Busine....ss/Automobiles/Elect

Wall Street Journal, What Scared Ford’s CEO in China
https://www.wsj.com/business/a....utos/ford-china-ev-c

Small, well-built Chinese EV called the Seagull poses a big threat to the US auto industry
https://apnews.com/article/chi....na-byd-auto-seagull-

Wired, How China’s EV Boom Caught Western Car Companies Asleep at the Wheel
https://www.wired.com/story/ho....w-chinas-ev-boom-cau

Inside China Business, Ford Motor CEO visits China, sees existential threats and opportunities, and overhauls the company
https://www.youtube.com/watch?v=1LOgURuanrU

Company page, Sino Auto Insights
https://www.sinoautoinsights.com/

Closing scene, Lijiang Park, Yunnan

⁣Welcome back, ABIBITUMI Kmtyw family!
If you're passionate about African development, sovereignty, and leaders who take bold steps to change the game, you're in for a treat today. We have an exciting update on a project that could reshape the economy of Burkina Faso and perhaps even set a blueprint for other African nations. We're talking about President Ibrahim Traore and the MASSIVE tomato processing factory that is finally complete! Can you believe it? This project is a game-changer, and in today’s video, we’re going to dive deep into what this means for the country and the region. Stick around because you won’t want to miss the details. Now, let’s start with a question: Do you think it’s possible for a single factory to revolutionize an entire nation’s economy? Think about that for a moment because this isn't just about tomatoes—it’s about independence, empowerment, and reclaiming control of resources that have long benefited outsiders rather than the people of Burkina Faso.

The United States has a decades-long problem of shortages for affordable medicines that treat serious diseases, including cancer and diabetes. But hundreds of plants in China and India are ready to supply low-cost drugs to the American market, just as they do for hospitals across Asia and the world.

Drug companies, hospitals, and clinics in the US are highly incentivized to run shortages of the least expensive medicines, as patients have no choice but to switch to more costly treatments. And regulators and inspectors for the Food and Drug Administration are highly recruited by drug companies, which reduces how many inspectors are available, and how many foreign plants can be inspected and approved. The FDA is currently short of hundreds of plant inspectors, most acutely so in Asia, which is where all the low-cost drugs are made.

Resources and links:

Drug shortages hit record high, pharmacists warn
https://abcnews.go.com/Health/....drug-shortages-hit-r

Cancer drug shortage is forcing doctors to decide which patients get treatment
https://abcnews.go.com/Health/....cancer-drug-shortage

Drug shortage can put patients' lives at risk, experts warn
https://abcnews.go.com/Politic....s/drug-shortage-put-

Drug shortages reach record high in US
https://www.cnn.com/2024/04/12..../health/drug-shortag

As drug shortages reach record highs, regulators weigh next steps
https://www.biopharmadive.com/....news/drug-shortages-

Nearly 2,000 drug plants are overdue for FDA checks after COVID delays, AP finds
https://www.pressherald.com/20....24/09/05/nearly-2000

The revolving door swings again as Lupin hires an FDA official who oversaw problems at a key plant
https://www.statnews.com/pharm....alot/2022/04/28/fda-

FDA's revolving door: Companies often hire agency staffers who managed their successful drug reviews
https://www.science.org/conten....t/article/fda-s-revo

US drug shortages reach all-time high: Cancer and diabetes patients waiting 'deadly' amount of time for lifesaving drugs
https://www.dailymail.co.uk/he....alth/article-1329804

Closing scene, Shenzhen River, Guangdong province

Research and Development (R&D) is a major profit center for the top universities in the United States. Besides the nearly $100 billion they earn in grants from the US government and private sources, university-based researchers create patents and inventions that generate many more billions annually.

China is the largest foreign source of scientists and researchers, and they are concentrated in the hard sciences and in engineering, where over 95% of R&D spending takes place. But since 2018, Chinese scientists are increasingly deciding to return to China to set up new research departments. Of those who are still in the US, over 60% admit they are strongly considering moving, and over half now refuse to work on projects that involve funding by US government sources.

To American universities, the loss of these scientists, along with future contributions to scientific research and commercial applications and market value, are incalculable. But losses probably already exceed a trillion dollars, given the departures of so many top scientists in Artificial Intelligence, Big Data, medicine, biochemistry, materials science, nanotechnology, and quantum computing.

Resources and links:

More Chinese Students Are Staying in China to Study
https://erudera.com/news/more-....chinese-students-are

Surge in Chinese Scientists Leaving US for Home Institutions
https://erudera.com/news/surge....-in-chinese-scientis

Caught in the crossfire: Fears of Chinese–American scientists
https://www.pnas.org/doi/10.1073/pnas.2216248120

Scientists of Chinese descent leaving the US at an accelerating pace
https://www.chemistryworld.com..../news/scientists-of-

Reverse Brain Drain? Exploring Trends among Chinese Scientists in the U.S.
https://sccei.fsi.stanford.edu..../china-briefs/revers

Resources on the Patent Revenue Budget Model
https://financeandbusiness.ucd....avis.edu/bia/budget/

R&D Expenditures at U.S. Universities Increased by $8 Billion in FY 2022
https://ncses.nsf.gov/pubs/nsf24307

South China Morning Post, Nanotech pioneer Wang Zhonglin leaves US to work in China ‘full time’
https://www.scmp.com/news/chin....a/science/article/32

SCMP, The Chinese scientists leaving top US universities to take up high-profile roles in China, boosting Beijing in its race for global talent
https://www.scmp.com/news/chin....a/science/article/32

Closing scene, Suzhou, Jiangsu