Shiseido’s Fall, Japanese Cosmetics, & Did You Know China Has an Industrial Policy for Lipstick?

This article examines Shiseido's significant loss in 2023, attributing it to both geopolitical factors and internal strategic failures. It highlights China's industrial policy for cosmetics, emphasizing the importance of domestic market strength and strategic flexibility in navigating the challenges of operating in China.

China Wins as Trump Cedes Leadership of the Global Economy

China's birth rate hits record low as population continues to shrink

China's birth rate hit a record low in 2025, falling to 5.63 per 1,000 people, as the country's population fell for the fourth consecutive year. Despite government efforts to encourage more births, including scrapping the one-child policy and offering financial incentives, the population continues to shrink. The country's fertility rate remains low, with an average of one birth per woman, and experts predict the population will decrease further by 2100.

Photos Capture the Breathtaking Scale of China’s Wind and Solar Buildout