☕️ Good morning, friends,

We in Shanghai are also feeling the effects of the new political escalation between China and Japan.

From now on, we have to eat more meat and less fish and seafood. China has banned the import of Japanese shrimp, crabs and lobsters. 🦞

Jokes aside, this measure hits Japan hard. At its peak, Japan exported seafood worth about 600 million USD to China. Now it is almost nothing.

Highlights: After a choppy November, Asian markets went looking for the reset button on Wednesday. Tokyo was held back by China tensions and worries over Japan’s fiscal outlook, and Seoul also continued to slide. Investors were closely watching for Nvidia’s AI earnings and the next round of US data.

TOP BIT

🥊 DJI vs Insta360: The new tech showdown

Whether it is electric vehicles, smartphones or home appliances, the Chinese market is a bullfighting arena. Countless players charge in, there is a bloodbath, and in the end only two or three survive.

The newest battlefield is the drone and camera industry. DJI and Insta360 are fighting one of the fiercest battles China’s consumer-tech scene has seen in years. What was once a niche has become a highly profitable billion-dollar market.

The Details

🚁 Drones with full-circle vision: Both companies are working on …