Taylor Swift is slated to give a $320 million boost to a single US county - more than WeWork's entire market value | China’s Stalling Economy Puts the World on Notice | The All-American Myth of the TikTok Spy

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You Might Like � � � You Might Like � � � � � � � � � Don't like ads? Go ad-free with TradeBriefs Premium Taylor Swift is slated to give a $320 million boost to a single US county - more than WeWork's entire market value - Business Insider    Six nights of Taylor Swift concerts are worth more than the entire market value of WeWork, a new study finds. The Eras Tour will give a $320 million boost to Los Angeles County's gross domestic product (GDP), the California Center for Jobs & The Economy estimates. WeWork shares have plunged by 97% in the past year to trade as low as 15 cents on Thursday, giving the shared-workspace company a market capitalization just below $320 million. Swift's shows in Inglewood, Los Angeles promise to create 3,300 jobs and lift local earnings by $160 million, the new report finds. It assumes six nights of sold-out attendance at the roughly 70,000-seat SoFi stadium, an average ticket price of around $700, the average concertgoer spending more than $1,300, and an average hotel-room rate of just over $300 on concert nights. Continued here China's Stalling Economy Puts the World on Notice -     As China’s economy flashes indications of decline, the consequences pose perils for countries around the globe. For more than a quarter-century, China has been synonymous with relentless development and upward mobility. As its 1.4 billion people gained an appetite for the wares of the world — Hollywood movies, South Korean electronics, iron ore mined in Australia — the global economy was propelled by a seemingly inexhaustible engine. Now that engine is sputtering, posing alarming risks for Chinese households and economies around the planet. Long the centerpiece of a profit-enhancing version of globalization, China has devolved into the ultimate wild card in a moment of extraordinary uncertainty for the world’s economy. Continued here You Might Like � � � � � � � � � The All-American Myth of the TikTok Spy - WIRED    The form reached my inbox as part of routine paperwork, but I sensed a tinge of accusation. I had been invited to speak at a national laboratory. In order to access the facility, I was required to attest that I wasn’t a participant in a foreign talent recruitment program. China, my birth country, topped a short list of “countries of risk.” I found the vigilance slightly amusing. I was going to give a talk! In a dash of mischievousness, I thought of scrawling over the form: “D-I-S-S-I-D-E-N-T!” I have never liked the word “dissident” or claimed to be one, though others have labeled me as such. The point of the story is not that I’m special, but that I should have nothing to prove in the first place. No amount of public critique of Beijing’s policies or the personal cost dissent exacts can spare me from the extra scrutiny. As a Chinese person living in the US, I’m often treated as a potential spy before I’m seen as a human being. Continued here

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