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☆ NYC's EV revolution is riding on Uber and Lyft drivers
▼ + stars: | 2024-04-22 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +13 min

For Uber and Lyft drivers, time is money, so widely accessible charging is key to the EV switch. A study by the US Department of Energy found that 1,000 fast chargers were needed for every 20,000 EV drivers on the road. A mad dash for EV licensesThe transition is getting an early test this year now that thousands more ride-hailing drivers have licenses. AdvertisementIn October, the Taxi & Limousine Commission opened applications for this gig work for the first time in five years — but for EV drivers only. In exchange, Uber drivers will get up to a 25% discount when they charge.

Persons: Manhattan, Tesla, Eric Adams, Bobby Familiar, Revel, Michael Replogle, David Do, Aeraj Qazi, Qazi, Guillermo Fondeur, Uber, he's, Fondeur, Adams, EVs, Con Edison, Flo, Replogle, it's, Josh Gold, Uber's, that's, Do, we've, Juliana Kaplan Organizations: EV, US Department of Energy, Business, NYC's Department of Transportation, Chargers, Taxi, Limousine Commission, TLC, New York Taxi Workers Alliance, Rentals, Department of Transportation, DOT, LaGuardia Airport, Tesla, Gravity, Green, Initiative Locations: New York City, Queens, NYC, Canadian, Canada, EVs, Manhattan, America

☆ Economic impact of U.S. tripling tariffs on Chinese steel would be minimal: China Beige Book
▼ + stars: | 2024-04-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEconomic impact of U.S. tripling tariffs on Chinese steel would be minimal: China Beige BookShehzad Qazi, chief operating officer of China Beige Book International, discusses U.S. President Joe Biden's push to triple tariffs on Chinese steel and aluminum.

Persons: Qazi, Joe Biden's Locations: China

☆ China Beige Book’s Qazi: We are heading toward another trade war between the U.S. and China
▼ + stars: | 2024-04-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina Beige Book’s Qazi: We are heading toward another trade war between the U.S. and ChinaShehzad Qazi, chief operating officer at the China Beige Book, joins 'Squawk Box' to discuss the latest data on China's economic picture, whether China can hit the stated growth target, and more.

Persons: China Shehzad Qazi Organizations: U.S Locations: China

☆ The US is headed for a much more aggressive trade war with China regardless of who is president next year, economist says
▼ + stars: | 2024-04-11 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +3 min

A more intense trade war between the US and China is unavoidable, China Beige Book's Shehzad Qazi said. China would have many ways to sidestep heightened US restrictions in the event of a new trade war, Shehzad Qazi. AdvertisementA fiercer trade war between the US and China is inevitable, no matter who wins the presidential election in November, a top China expert said. "Our view is we're headed toward another trade war, regardless of who's president next year. Even in the face of a more aggressive trade war with the US, China has ways to skirt any restrictions, the COO said .

Persons: Qazi, Janet Yellen's, Shehzad Qazi, —, They're, Trump, Yellen, That's, Fitch Organizations: Service, Communist Party Locations: China, Beijing, Mexico

☆ 'Positive story' of China's first quarter may not last: China Beige Book International
▼ + stars: | 2024-04-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Positive story' of China's first quarter may not last: China Beige Book InternationalShehzad Qazi, chief operating officer at China Beige Book International, discusses the outlook for the country's economy.

Persons: Shehzad Qazi Locations: China

☆ China's economy is on track for 'strong' March performance, survey says
▼ + stars: | 2024-03-27 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

Employees work on a battery production line at Jiangsu Yongda Power Supply Co. on March 26, 2024 in Suqian, Jiangsu province of China. BEIJING — China's economy is ending the first quarter on a "strong" note, according to a business survey published by the China Beige Book on Thursday. China's official data on retail sales, industrial production and fixed asset investment for January and February beat expectations across the board. The China Beige Book said it surveyed 1,436 businesses between March 1 and 23, split roughly between state-owned and non-state-owned firms. "China Beige Book's March data show the economy poised for a strong end to Q1," the report said.

Persons: H, Qazi Organizations: Jiangsu Yongda Power Supply Locations: Jiangsu, Suqian, China, BEIJING, U.S

☆ China will only allow investments from companies that directly benefit them, says Shehzad Qazi
▼ + stars: | 2024-03-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina will only allow investments from companies that directly benefit them, says Shehzad QaziShehzad Qazi, Chief Operating Officer at China Beige Book International, discusses the growing threat to foreign investments in China.

Persons: Shehzad Qazi Shehzad Qazi Organizations: China Locations: China

☆ China needs Apple even as it tries to push foreign firms out, economist says
▼ + stars: | 2024-03-25 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

China is unlikely to push Apple out of the country, Shehzad Qazi of China Beige Book told CNBC. "In sectors where they think reliance on American firms — software, hardware, anything talked about — is going to become a national security threat, they want American companies out. "In essence Apple needs China and China needs Apple despite all the noise," he said. "With 90% of the supply chain cemented in China Apple will over time move some manufacturing to India, Vietnam, and other regions. However, the vast majority of its iPhone production and suppliers will remain in China and this trip was Apple essentially doubling down on China."

Persons: Shehzad Qazi, Wedbush's Dan Ives, —, Qazi, disinvestment, Dan Ives, Tim Cook, Ives Organizations: CNBC, Apple, Service, Micron, Intel, AMD, Wedbush Securities, China Development, China Apple Locations: China, Beijing, That's, India, Vietnam, Shanghai

☆ Evergrande's liquidation crisis won’t be China’s ‘Lehman moment,’ China Beige Book COO says
▼ + stars: | 2024-01-31 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +4 min

China Evergrande Group's logo is displayed on a phone screen in this illustration photo taken on September 27, 2021. Jakub Porzycki | Nurphoto | Getty ImagesA liquidation order to property giant China Evergrande liquidation crisis this week deepened concerns about China's struggling real estate sector — but analysts say the spillover will likely be contained, with one saying it might actually be "good news." On Monday, a Hong Kong court issued a liquidation order to the embattled property developer after it failed to reach a restructuring deal with creditors. China Evergrande, once among the country's largest property developers, is the world's most indebted company — with more than $300 billion in liabilities. Still, questions remain on whether China will recognize the Hong Kong court order for Evergrande's liquidation — since most of the company's assets are in the mainland.

Persons: Jakub Porzycki, Shehzad Qazi, Lehman, Qazi, CNBC's, It's, China Evergrande, Evergrande, Linda Chan, Charlene Chu, we've, Chu Organizations: Nurphoto, CNBC, Lehman Brothers, Hong, Hong Kong Stock Exchange, China macrofinancial, Autonomous Research Locations: China, Hong Kong, Commerzbank

☆ Evergrande's liquidation crisis won’t be China’s ‘Lehman moment,’ China Beige Book CEO says
▼ + stars: | 2024-01-31 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +3 min

China Evergrande Group's logo is displayed on a phone screen in this illustration photo taken on September 27, 2021. Jakub Porzycki | Nurphoto | Getty ImagesA liquidation order to property giant China Evergrande liquidation crisis this week deepened concerns about China's struggling real estate sector — but analysts say the spillover will likely be contained, with one saying it might actually be "good news." On Monday, a Hong Kong court issued a liquidation order to the embattled property developer after it failed to reach a restructuring deal with creditors. In other words, no massive credit event," Qazi told CNBC. China Evergrande, once among the country's largest property developers, is the world's most indebted company — with more than $300 billion in liabilities.

Persons: Jakub Porzycki, Shehzad Qazi, Lehman, Qazi, CNBC's, It's, China Evergrande, Evergrande, Linda Chan, Charlene Chu Organizations: Nurphoto, CNBC, Lehman Brothers, Hong, Hong Kong Stock Exchange, China macrofinancial, Autonomous Research Locations: China, Hong Kong

☆ Evergrande: Beijing policymakers don't really care about credit or interest, says China Beige Book
▼ + stars: | 2024-01-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEvergrande: Beijing policymakers don't really care about credit or interest, says China Beige BookShehzad Qazi, chief operating officer of the research firm, discusses the Evergrande liquidation order, and says the main concern of mainland China's policymakers is "making sure that folks that have paid for their homes ultimately get a house or an apartment that they're waiting on," adding that their desire is to "ultimately put a floor under the property market to stabilize the situation and to stabilize the overall economic growth, because that's the real problem."

Persons: Qazi Locations: Beijing, China

☆ Pakistan accuses India of extrajudicial killings on its territory
▼ + stars: | 2024-01-26 | by ( Sophia Saifi | Rhea Mogul | ) edition.cnn.com time to read: +3 min

CNN —A top Pakistan official on Thursday accused India of killing two Pakistani nationals on its soil, citing what he called “a pattern” of alleged Indian assassination plots overseas and raising tensions between the two nuclear-armed rivals. India has long accused Pakistan of harboring terrorists, particularly in the disputed and heavily militarized region of Kashmir, which both countries claim in its entirety. Qazi on Thursday compared the alleged killings in Pakistan to other purported recent Indian assassination plots in North America. India and many other countries have publicly warned Pakistan cautioning that it would be consumed by its own culture of terror and violence,” MEA spokesperson Randhir Jaiswal said. The Indian government has denied involvement in the American and Canadian cases and has set up a high-level committee to investigate the accusations in the US.

Persons: Muhammad Syrus Sajjad Qazi, Muhammad Riaz, Shahid Latif, ” Qazi, –, Qazi, “, Randhir Jaiswal, Justin Trudeau Organizations: CNN, Pakistan, India’s, External Affairs, Canadian, American Locations: Islamabad, Pakistan, Kashmir, Sialkot, New Delhi, India, North America, Canada, United States, American

☆ Chinese consumers are 'very cautious' now, China Beige Book says
▼ + stars: | 2023-11-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChinese consumers are 'very cautious' now, China Beige Book saysShehzad Qazi, managing director of the research firm, says consumers are pulling back from discretionary spending and "sticking to the staples."

Persons: Shehzad Qazi Locations: China

☆ China's economy is performing much better than markets think, says Shehzad Qazi
▼ + stars: | 2023-10-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's economy is performing much better than markets think, says Shehzad QaziShehzad Qazi, Chief Operating Officer at the China Beige Book International, discusses the outlook for the Chinese economy.

Persons: Shehzad Qazi Shehzad Qazi Locations: China

☆ Companies aren't being told what the red lines are of doing business in China, says Shehzad Qazi
▼ + stars: | 2023-09-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCompanies aren't being told what the red lines are of doing business in China, says Shehzad QaziShehzad Qazi, China Beige Book International COO, joins 'Squawk Box' to discuss the state of U.S.-China relations, the risk of doing business in China, whether companies should divest, and more.

Persons: Shehzad Qazi Shehzad Qazi Organizations: Companies Locations: China, U.S

[1/2] Lawyers, some of them look on television screen, dispaying the live broadcast of the proceeding from the Supreme Court of Pakistan, at the Sindh High Court Bar Association in Karachi, Pakistan September 18, 2023. The move marks the beginning of the tenure of new Chief Justice Qazi Faez Isa as Pakistan's top judge. Isa's first move as the top judge was to open proceedings for live broadcast. "It is a majority consensus decision to telecast live," Isa said at the start of proceedings shown live by state-run broadcaster Pakistan Television. Previous attempts to broadcast proceedings live had been blocked by the court.

Persons: Akhtar Soomro, Qazi Faez Isa, Isa, Umar Ata Bandial, Isa's, Shehbaz Sharif, Anwar ul Haq Kakar, Imran Khan, Faiz Hameed, Asif Shahzad, Mark Potter Organizations: Court Bar Association, REUTERS, Rights, Pakistan Television, Inter - Services Intelligence, Former, Thomson Locations: Pakistan, Sindh, Karachi, Rights ISLAMABAD

☆ China's property market story will be with us for at least the next few years, says Shehzad Qazi
▼ + stars: | 2023-08-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's property market story will be with us for at least the next few years, says Shehzad QaziShehzad Qazi, China Beige Book International COO, joins 'Squawk Box' to discuss China's economic downturn, why new data may be telling a more upbeat story about the Chinese economy, the property crisis, and more.

Persons: Shehzad Qazi Shehzad Qazi Locations: China

☆ China's economy isn't on the verge of collapse, and markets are overlooking these indicators, China Beige Book says
▼ + stars: | 2023-08-31 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Chinese consumer spending rebounded in certain sectors, Shehzad Qazi told Bloomberg TV. But the managing director at China Beige Book added that property markets will remain a concern. "There's a dangerous consensus out there right now that China is on the verge of collapse. And while Qazi dismissed warnings about China's economy collapsing, he acknowledged it faces major headwinds. Qazi predicted that the real estate sector will remain a thorn for the Chinese economy in the longer term, as it undergoes a multi-year restructuring.

Persons: Shehzad Qazi, Qazi Organizations: Bloomberg, Service, CNBC Locations: China, Wall, Silicon

☆ Top China expert weighs in on China's latest inflation numbers
▼ + stars: | 2023-08-09 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTop China expert weighs in on China's latest inflation numbersShehzad Qazi, China Beige Book managing director, joins 'Fast Money' to talk inflation in China, Biden's executive order on China investing and more.

Persons: Qazi Locations: China

ReutersBEIJING – International investment firms have changed their China GDP forecasts nearly every month so far this year, with JPMorgan making six adjustments since January. Here are some winners to watch The U.S. investment bank most recently cut its China GDP forecast in July to 5%, down from 5.5% previously. In June, the World Bank raised its forecast for China's growth this year to 5.6%, up from 4.3% previously. The International Monetary Fund in April raised its forecast for China's GDP to 5.2%, up from 4.4% previously. Among the six investment firms CNBC looked at, the highest China GDP forecast so far this year was JPMorgan's 6.4% figure — when the bank adjusted for the second time in April alone.

Persons: Morgan Stanley, Nomura, Goldman Sachs, Logan Wright, Shehzad Qazi, Qazi Organizations: Reuters, Reuters BEIJING – International, JPMorgan, CNBC, Citi, Beijing, Citi's, UBS, National Bureau, Statistics, U.S, Chinese Communist Party . Investment, Bank, International Monetary Fund, Monetary Fund Locations: Lianyungang, Jiangsu province, China, Reuters BEIJING, U.S, Beijing, New York

"Need to reach positive cash flow before we have the luxury of anything else," Musk wrote in response to a tweet. Musk took over Twitter in October of last year in a deal valued at around $44 billion, including about $13 billion in debt. He also claimed at that time that the company was "roughly breakeven," and expected to become cash flow positive within the next quarter. A number of widely followed accounts on Twitter posted that they were dismayed they did not qualify to earn income from the program yet. It's not clear how much Twitter paid creators in total in this first round of payments.

Persons: Elon Musk, Porte, Alain JOCARD, ALAIN JOCARD, Musk, Linda Yaccarino, Comcast's NBCUniversal, NBCUniversal, Twitter, Andrew Tate —, Tate, influencers, Omar Qazi, Sawyer Merritt, Brian, Ed Krassenstein Organizations: SpaceX, Twitter, Porte de, Getty, BBC, CNBC, Internet Hall of Fame, of, X Corp Locations: Paris, AFP, Romania

☆ Elon Musk plans Tesla and Twitter collaborations with xAI, his new startup
▼ + stars: | 2023-07-14 | by ( Lora Kolodny | ) www.cnbc.com time to read: +5 min

Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe. Tesla CEO Elon Musk said on Friday that he plans for his newest venture, the artificial intelligence startup xAI, to collaborate with the automaker both on the "silicon front" and on the "AI software front." Musk also said, during Friday's live audio session on Twitter Spaces, that xAI will use Twitter data for training the "maximally curious" artificial intelligence systems and products he hopes to build there. Musk did not specify whether and how much Twitter will charge xAI or his other companies for its data. A Tesla fan and promoter, Omar Qazi (known as Whole Mars Catalog on Twitter) asked Musk a few questions about how he plans for xAI to work with Tesla during the Spaces event.

Persons: Elon Musk, Musk, Twitter, Tesla, Omar Qazi, Walter Isaacson, Jonathan Vanian Organizations: Twitter, SpaceX, U.S . Securities, Exchange, Alpha, Nvidia, Optimus, Tesla Locations: Texas

☆ China Beige Book International discusses Wall Street banks and China
▼ + stars: | 2023-07-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWall Street banks are very interested in selling the China rally: China Beige Book InternationalShehzad Qazi, managing director of the research firm, says "but when it's based on faulty numbers, you end up in a problem [you see] today, where the economy goes into a completely different direction."

Persons: Shehzad Qazi, it's Organizations: China Locations: China

☆ Qazi: China is becoming an information desert, which is bad for the economy
▼ + stars: | 2023-07-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailQazi: China is becoming an information desert, which is bad for the economyShehzad Qazi, Managing Director at China Beige Book International, discusses the outlook for Chinese equities and the country's economy.

Persons: Qazi Organizations: Qazi Locations: China

☆ China's previous monetary stimulus 'just isn't working,' a private survey shows
▼ + stars: | 2023-06-30 | by ( Clement Tan | ) www.cnbc.com time to read: +3 min

"For months, analysts have pumped the idea that Beijing has little choice but big-bang monetary easing," said Leland Miller, chief executive of China Beige Book. Shehzad Qazi Managing director, China Beige BookAs the report pointed out, "We already have monetary stimulus, it just isn't working." Major Wall Street banks — from Goldman Sachs and Bank of America to UBS and Nomura — recently cut their China growth projections. China Beige Book's survey involved 4,604 respondents in China across two periods: in mid-April, and from mid-May to mid-June. Derek Scissors Chief economist, China Beige Book

Persons: Leland Miller, it's, Shehzad Qazi, Goldman Sachs, Premier Li Qiang, Derek Scissors Organizations: Getty, People's Bank of China, China, Bank of America, UBS, Nomura, realtors, Premier Locations: China, Beijing, U.S

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