FinanceMaster

  By Oliver Rahman Just this February, China has taken the #2 spot for soft power in the world, with the United States being first. 10 years ago, China was only #30! Why is this happening? This ranking reflects China's growing influence in culture, media, education, and sustainability, as well as its strong reputation in business and trade. With China spending billions of dollars on movies such as Ne Zhe 2 (2025), the Wandering Earth 2 (2023), and Better Days (2019) getting huge recognition outside of China with some making hundreds of millions or even BILLIONS worldwide. China's companies like BYD and Tencent, and Temu are getting more prominent worldwide. Countries in Europe and Asia have been buying Chinese cars faster than American car companies in recent years. Temu was able to break into American space and take over an in-demand industry, and Tencent continues to influence gaming worldwide owning/holding popular game companies such as Riot, Supercell, and Epic Games. Tou...

  Interesting fact! This Wednesday, the NASDAQ rose 12.2% by market close! This was the most the NASDAQ has risen since 2001. Other indexes like the S&P 500 and Dow Jones haven't rose this much since 2008 and 2020 respectively. The Nasdaq's 12.2% surge on Wednesday was largely driven by President Trump's decision to pause reciprocal tariffs on most countries for 90 days, while raising tariffs on China to 125%. This move eased investor concerns about a broader trade war, leading to a massive rally across major U.S. stock indexes. Of course, even though the markets went up Wednesday, indexes like the NASDAQ are still down 12.2% year over year. Yesterday the market also did a correction with most indexes falling ~3%. However, this rise might continue if trade wars don't get worse in the following weeks/months. If you like these posts, consider subscribing to my  Newsletter!