The demand for power from data centers is projected to triple by 2030, largely driven by the rapid expansion of artificial intelligence technologies. According to a report by Mizuho Securities, this surge in power demand will reach 400 terawatt hours annually, equivalent to 50 gigawatts, and will account for approximately 9% of total electricity demand
The private jet industry is experiencing a significant shift, marked by a 15% decline in private jet flights in the first half of the year compared to the peak in 2022. This downturn comes as the industry grapples with changing consumer preferences and a new competitive landscape for high-end travel. Despite a brief surge during
Governor Pan Gongsheng of the People’s Bank of China recently stated in state media interviews that China’s financial risks have decreased. He specifically mentioned a drop in local government debt, which has been a major concern for international institutions. Pan emphasized that the central bank, along with the Ministry of Finance, is committed to helping