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A rock and a hard place: India's population is growing, as China's falls

A rock and a hard place: India's population is growing, as China's falls

A rock and a hard place

There are no easy solutions for Indian authorities. India’s environmental problems play out against a backdrop of sweltering global temperatures and international pressure to reduce emissions… both of which have to be balanced against providing energy and industry for the country’s burgeoning population.

Indeed, India overtook China’s long-held position as the world’s most populous country last April, having counted over 1.4 billion residents. Looking ahead, India’s population is virtually guaranteed to keep reaching new heights for decades to come.

China saw its numbers fall for a second consecutive year in 2023, as the recent pivot to a three-child policy failed to kickstart birth rates, which have fallen to record lows. India’s population, however, is showing no signs of slowing down — and, unlike China, the US, and several other major economies, its population is actually getting younger, with some 86,000 babies born on average every day in India.

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Starbucks sells control of China business for $4 billion

Starbucks disclosed on Monday evening in a regulatory filing that it will sell control of its ailing China business to Boyu Capital for about $4 billion.

Under the agreement, Boyu will own a 60% stake in the China segment, which will become a joint venture between Boyu and Starbucks. The coffee chain will retain a 40% interest in the entity and will continue to own and license the brand and intellectual property.

Bloomberg reported earlier this year that the company was looking to sell its China segment. The American coffee giant has struggled to succeed in China, its second-largest market after the US.

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John Wayne Airport in Orange County tops the list of North America’s favorite airports

Despite a record year of passenger numbers, flight cancellations, and delays, a new survey has revealed that flyers have been increasingly satisfied about their experiences in North American airports. 

According to this year’s North America Airport Satisfaction Study from data analysts at J.D. Power, overall passenger satisfaction scores were up 10 points (on a 1,000-point scale), largely from “improvements in food, beverage and retail and ease of travel through the airport.” The annual survey measures overall traveler satisfaction across the region’s airports in seven categories (in order of importance): ease of travel, level of trust, terminal facilities, airport staff, airport departure experience, food and retail, and airport arrival experience.

Here are the regions favorites:

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