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On January 15, 2026, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, met with Canadian Foreign Minister Anand in Beijing. Wang Yi stated that Prime Minister Carneys visit to China marks the first visit by a Canadian prime minister in eight years, and is of pivotal and symbolic significance for bilateral relations. The two leaders will hold meetings and talks, which he believes will open new prospects for bilateral relations. China is willing to strengthen communication with Canada, enhance trust, eliminate interference, deepen cooperation, and promote the steady, solid, and sound development of bilateral relations under the new circumstances. Wang Yi stated that both sides should view each other rationally, amicably, and inclusively, handle issues with mutual respect, focus on the cooperation agenda, release positive messages, provide positive expectations for the development of bilateral relations, inject more confidence, and jointly build a new type of strategic partnership between China and Canada. Anand stated that the new Canadian government attaches great importance to its relations with China. Prime Minister Carney looks forward to in-depth communication and exchanges with Chinese leaders during this visit, clarifying the direction of bilateral relations, restarting dialogue in various fields, promoting more mutually beneficial outcomes, strengthening coordination and cooperation on multilateral affairs, and further developing the strategic partnership between the two countries.A Reuters poll showed that 52% of economists said the risk of the Bank of Japan falling behind the inflation curve was neither high nor low.A Reuters poll showed the median forecast for the Bank of Japans interest rate peak at 1.50%, up from 1.00% in a February 2025 survey.A Reuters poll showed that 60% of economists expect the Bank of Japan to raise interest rates once in 2026, while 31% expect two rate hikes.A Reuters poll showed that 97% of economists (65 out of 67) expect the Bank of Japan to keep interest rates unchanged until March.

Tesla Shares Decline As Investors Criticize Musk's Twitter Activity

Aria Thomas

Dec 15, 2022 10:59

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On Wednesday, Tesla (NASDAQ:TSLA) shares reached their lowest level in more than two years as investors, including a "fanboy" of CEO Elon Musk, criticized Musk's diversion from the electric vehicle firm after his purchase of Twitter.


Tesla, the most valuable automaker in the world, has been one of the worst performing stocks among major automakers and tech companies this year. Investors are concerned that Musk's purchase of Twitter could divert his attention away from Tesla, and that he may sell more Tesla shares to prop up the struggling social media company.


Investors are also growing concerned that his actions could harm the reputation and sales of Tesla, the leading electric vehicle manufacturer in the world, which is facing increased competition.


KoGuan Leo, who identifies himself as Musk's "fanboy," tweeted on Wednesday, "Elon abandoned Tesla and Tesla has no working CEO." Leo is the third-largest individual stakeholder in Tesla and sees himself as Musk's "fanboy."


"Are we simply Elon's naive bagmen?" he asked. A Tim Cook-like executioner is required, not Elon.


After plunging as much as 3.2%, Tesla shares traded down 1.4% to $155.88 a share, the lowest level since November 18, 2020.


Tesla shares have declined 55% so far this year, underperforming GM, Ford, Apple (NASDAQ:AAPL), and Amazon.com.


Musk stated without elaboration on Tuesday that he will "ensure Tesla shareholders receive long-term benefits from Twitter."


Even Tesla bulls and devoted fans were dissatisfied with Musk's inflammatory statements.


"Elon is an incredibly gifted business leader. Gary Black, a Tesla bull, tweeted on Wednesday, "He will learn soon (if not already) that his controversial political views are affecting customer perceptions of $TESLA EVs."


"Clients do not want their automobiles to be controversial. They want to be damned proud to drive them, not ashamed."


Tuesday, Goldman Sachs (NYSE:GS) decreased its price target for Tesla shares and its expectations for the company's fourth-quarter deliveries and gross margins due to weaker supply and demand.

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