financial and economic news, in-depth features and opinion pieces. The front page starts with a news analysis on events of great significance in and outside China. The World Watch column on the … ( read…
Monthly Archives For January 2019
News Daily: China’s Moon landing and UK firms struggling to recruit staff
China has announced it’s landed a spacecraft on the far side of the Moon for the first time. The unmanned Chang’e-4 probe will study the surface geology, in what state media has described as “a…
Apple Cuts Revenue Forecast Because of Slow iPhone Sales in China
SAN FRANCISCO — Apple reduced its revenue expectations for the first time in 16 years on Wednesday because of poor iPhone sales in China, an unexpected development that underscored the slowing of Chin… ( read…
World’s Largest Cigarette Maker Plans IPO for Its International Business
In 2012, a bank that it was buying a stake in released figures that showed the cigarette giant had sales of 770.4 billion yuan and net income of 117.7 billion yuan in 2010. CICC and…
China Tobacco’s IPO Will Be Far From Smoking Hot
The Hong Kong IPO of China Tobacco International (HK) Co. is looking like a hard sell. The offshore unit of China National Tobacco Corp. is not only in a sunset industry that’s been under attack…
Censoring China’s Internet, for Stability and Profit
“Missing one beat could cause a serious political mistake,” said Yang Xiao, head of Beyondsoft’s internet service business, including content reviewing … more than 800 million internet users in Chin… ( read original story …)
Apple Cuts Revenue Forecast Because of Slow Sales in China
Apple’s surprise announcement added to concerns about the ability of American companies, particularly its technology giants, to navigate an increasingly uncertain economy and a continuing trade war be… ( read original story …)
Apple has a China problem and an innovation problem, says Recode’s Kara Swisher
China may be Apple’s biggest problem right now, but a lack of innovation isn’t far behind, said Recode’s Kara Swisher. “Obviously, China’s at the top of the line,” Swisher told CNBC’s “Fast Money” in ……
What Tim Cook left out about China in Apple’s revenue guidance
Within just two months, China, the world’s largest smartphone market, has turned from a growth driver to a weak spot for Apple. “Our business in China was very strong last quarter,” Apple CEO Tim Cook…
China’s super-rich brace for tax raid on $24-trillion wealth pile
China’s plan to cut taxes in 2019 for the masses has the nation’s super-rich running for cover; here’s how the new rules might affect the rich China’s plan to cut taxes in 2019 for the…
Apple’s China Trouble Makes Trump’s Trade War Harder to Defend
That case may be harder to defend now that the collateral damage includes one of America’s most recognizable brands. Apple Inc. on Wednesday lowered its outlook for first-quarter revenue after a large… ( read original…
Can China’s debt-ridden millennial and Gen-Z shoppers continue to prop up their favourite luxury brands?
The Chinese dream of luxury brands is largely dependent upon the nation’s millennial and Generation-Z shoppers, whom global management consultants Bain & Company estimated would account for 46 per cen… ( read original story …)
U.S.-China trade war takes toll on global manufacturing
Survey compiler IHS Markit cautioned the improvement did not herald a big change in the outlook for Britain’s stuttering economy — it was caused in large part by manufacturers stockpiling … in a si… (…
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