Estimates: Analysts predict earnings jumping 10% to 65 cents per share in the second quarter. Wall Street sees revenue also growing 10%, to $8.41 billion. Same-store sales are expected to grow 7.3%, …
Monthly Archives For May 2023
Ambitious ZHA-designed project to connect three skyscrapers in China
Many of Zaha Hadid Architects’ (ZHA) most ambitious projects have been located in China lately, including the Infinitus Plaza and Beijing Daxing International Airport. This trend continues with an …
Luohu Port in Shenzhen handles large customs clearance volumes as May Day holiday ends
A police officer handles exit formalities of tourists at Luohu Port in Shenzhen, south China’s Guangdong Province, on May 3, 2023. The port is handling large customs clearance volumes as the five-day …
China’s Garment Industry Under Pressure as Western Imports Tumble
China’s textile and apparel exports face “significant growth pressure” this year after shrinking 6.8% year-on-year to $67.2 billion in the first quarter, with shipments to major markets including the …
Blockchain in Manufacturing Market Global Developments 2023 with Industry Changing Aspects 2031
Global Blockchain in Manufacturing Market Research report provides detailed insight into different segments based …
Meta shuts down network of fake accounts that ‘signal a shift’ in China-based influence efforts
Facebook’s parent company Meta announced Wednesday that it has taken down a network of more than 100 China-based accounts that posed as organizations in the US and Europe and pushed pro-Beijing talking points.
Pro-China Internet Trolls Just Got Busted for Doing Something Wild
The “New Europe Observation” looked just like another far-right online media outlet. But something more sinister was at work
US-China rivalry could trample Panama underfoot
American hackles were raised in 2017, when Panama suddenly switched its diplomatic allegiance from Taiwan to China. Around the same time, many Chinese-backed projects were announced, including a cruise ship terminal, a high-speed rail line…
Finance chief Paul Chan signals optimism about Hong Kong economy and predicts growth of up to 5.5 per cent this year if global situation remains stable
Chan upbeat about city’s prospects after Legco approves Lee administration’s first budget by 82-0 majority Finance secretary says more support for domestic consumption on the cards as city fights to …
Cat Discovered Alive in Parcel Posted From China to Canada
When Canada Border Services Agency officers looked into the box they were shocked to see a pair of eyes staring back.
Yum Brands earnings miss estimates despite KFC and Pizza Hut’s recovery in China
Yum Brands on Wednesday reported quarterly earnings that fell short of analysts’ expectations, despite a China sales rebound for KFC and Pizza Hut. Yum joins the growing list of companies that …
Estee Lauder sees bigger drop in annual sales, profit on slow China recovery
Estee Lauder Cos Inc forecast a bigger drop in full-year sales and profit on Wednesday, hurt by a slow recovery in major market China and reduced inventory levels by retailers in the United States.
Biden finds a new friend in the fight against China
President Biden has found a somewhat surprising new friend in the fight against China. When Philippines President Ferdinand Marcos Jr. took office in June, it was unclear how the son of a former …
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