The World This Week: 6th March
Basic Economic Concepts
Foreign Phone Sales in China Plunge Amid Rising Local Competition
Sales of foreign mobile phones in China plummeted 47.4% year-on-year in November, totaling just 3.04 million units, according to new data from the China Academy of Information and Communications Technology (CAICT). Apple, the dominant foreign […]
Consumer and Business Behaviour
American Brands are Feeling the Squeeze as Sales Drop in China
U.S. consumer giants are finding China a challenging market as slowing consumer spending and strong local competition impact sales. Tech titan Apple, coffee chain Starbucks, and sportswear giant Nike have all reported sales dips in […]
Balance of Payments
Nigeria’s Lithium Strategy: More Than Just Mining!
Nigeria is making strategic moves in the global lithium market. The country has tightened rules around mining its lithium minerals due to the increasing demand from foreign mining companies. The Nigerian government has mandated that […]