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Breakingviews - China’s economic slouch will rattle cult of Xi

The cult of Xi Jinping is due to weaken alongside China’s $12 trillion economy. His muddled policies will keep growth slouching toward 6 percent. That could embolden a long-subdued reform faction to push back. Investors would get more defaults, fewer crackdowns on tech titans, and faster market opening.

Breakingviews - Didi seizes the wheel of a Chinese carmaker

China's Didi Chuxing will seize the wheel of a carmaker in 2019. Similar to global peers, the $56 billion ride-hailing unicorn has tied up with traditional manufacturers. Falling valuations in China's car sector will inspire boss Cheng Wei to buy a brand.

Breakingviews - Indian unicorns will feast on richer pastures

Indian unicorns will feast on richer pastures in 2019. Restaurant search firm Zomato, ride-hailing firm Ola and hotel-rooms aggregator Oyo are leading the charge overseas by the country’s largest tech companies. A complex home market, a big diaspora and deep-pocketed backers will ensure success rarely achieved by Asian startups in far-flung lands.

Breakingviews - Facebook might be the JPMorgan of the tech world

If Facebook can negotiate a difficult year ahead, it may be on its way to becoming Silicon Valley’s version of JPMorgan. A decade ago, financial firms were taking a whipping from politicians, just as tech companies are today. As Jamie Dimon’s bank shows, those who survive the process can end up even stronger.

Breakingviews - Canada faces off against vampire squid to south

Canada’s biggest economic threat is sitting across the border. Even though the country managed to salvage a trade deal with its southern neighbor and Mexico in 2018, aggressive economic policies have turned the United States into Canada’s own vampire squid. Forecast GDP growth of 2 percent in 2019 is Prime Minister Justin Trudeau’s to lose.

Breakingviews - The Exchange: Gary Shteyngart

To create the hedge fund manager character Barry Cohen – the protagonist in his latest novel “Lake Success” – Shteyngart spent lots of time with real-life financiers, from quants to activists. He discusses what he learned about Wall Street and the money business with Rob Cox.

J&J’s talc crisis will linger for years

Johnson & Johnson's talc crisis will linger for years. Investors erased $40 billion of its market value on Friday, after Reuters revealed the U.S. healthcare giant knew for decades its baby powder was sometimes tainted by asbestos. The company says the story is an “absurd conspiracy theory” as “every method available to test J&J’s talc for asbestos has been used by J&J, regulators, or independent experts, and all of these methods have all found th

China’s social credit poses rising risk to CEOs

China’s “social credit” system is another worry for executives, as tensions spike over the arrest of a Huawei executive at U.S. behest. The government's plan to blacklist people and companies for misbehaviour is widely misunderstood. But its implications for business should raise eyebrows. By holding executives accountable for their company's misdeeds, it blurs the already fuzzy Chinese line between corporate and personal interests.

Breakingviews - Review: The attack of the killer fridges has begun

The world is ever more connected via the internet, from cars and power grids to home appliances and toys. That means ever more things are dangerously hackable, security expert Bruce Schneier writes in “Click Here to Kill Everybody.” The title is hyperbolic, but not by much. In some ways, the attack of the killer fridges has already begun.

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