Mercedes’ team principal Toto Wolff acknowledged that “we got the physics wrong” after new regulations were introduced last year. He said the team’s goal is to “come back and fight for the championship.”
Zhou Bo, senior fellow at Tsinghua University’s Center for International Security and Strategy and a retired officer of the People’s Liberation Army, discusses the outcome of U.S. Secretary of State Antony Blinken’s visit to Beijing, saying the relationship between the two countries has been on a downward spiral for some time.
Naohiko Baba, chief Japan economist at Goldman Sachs, says that’s if the central bank is “not yet convinced by the sustainability of the inflation rate.”
On the other hand, unemployment across all age categories in China is still quite low, suggesting that the overall situation is not as dire as what young people are facing, CNBC’s Evelyn Cheng reports.