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India’s electronics industry is surging

To witness India’s growing role as a manufacturing hub, dodge Bangalore’s notorious traffic and head north. Around 45km outside the city, amid the dust and debris of construction, Foxconn, a Taiwanese contract...

Palmer Luckey and Anduril want to shake up armsmaking

Palmer Luckey owns six helicopters. He would like a seventh: a Chinook, the workhorse of Western armed forces. When your guest Schumpeter, meeting Mr Luckey in London, suggests that the British Army...

China’s giant solar industry is in turmoil

In a factory in a smoggy corner of China’s inland Shaanxi province, the country’s world-leading solar industry is on display. Robots scoot around carrying square slices of polysilicon, a crystalline substance usually...

A price war breaks out among China’s AI-model builders

PRICE WARS are ten a penny in China. The emergence of hundreds of lookalike companies seemingly overnight is pushing down retail prices of everything from electric vehicles to bike-sharing and bubble tea....

The rise of the far right alarms German business leaders

When the Alternative for Germany (AfD, from its German initials) was launched in 2013, it was a pro-business, classically liberal party created by German intellectuals opposed to the single European currency. Hans-Olaf...

How Gen Zs rebel against Asia’s rigid corporate culture

WHEN A GAGGLE of Generation-Z employees from Seoul, Shanghai, Singapore and Tokyo gets together in one place, the ensuing conversation will usually be conducted in decent English. The participants are all equally...

What Indian business expects from Modi 3.0

HOW MUCH is one-party rule worth to India Inc? Judging by the market reaction to the results of the general election, the figure is around $400bn. That is the total market value...

The EU hits China’s carmakers with hefty new tariffs

One satisfaction of buying a new car is the distinctive aroma within. The smell that emanates from the Chinese electric vehicles (evs) that are increasingly common on Europe’s roads is, for the...

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