For the first time in more than two decades, Mexico last year surpassed China as the leading source of goods imported by the United States …
Monthly Archives For February 2024
China’s VC playbook is undergoing a sea change as U.S. IPO exits get tougher
The Chinese venture capital world that once hoped for giant U.S. IPOs similar to Alibaba’s is changing drastically. Geopolitics, slower growth and regulation are forcing VCs in China to look for …
McDonald’s seeks to open 1,000 new stores in China by the end of the year as demand for fast food surges in the country amid economic troubles
McDonald’s will open 1,000 new outlets in China by the end of 2024. The expansion effort is part of its goal to have 10,000 stores in China by 2028.
Man with ties to China arrested for stealing blueprints on US nuclear missile launch sensors
According to court documents obtained by USA TODAY, over 3,600 files were transferred from the company that has contracts with the Defense Department.
China’s prices fall at fastest rate in 15 years as economy battles deflation
The fall, which was steeper than a 0.5 per cent drop forecast by a Reuters poll of analysts and a 0.3 per cent decline in December, comes as China’s economy contends with an extended property…
Mexico overtakes China as US’ top source of merchandise imports
For the first time in more than two decades, Mexico last year surpassed China as the leading source of goods imported to the United States. The shift reflects the growing tensions between Washington …
China’s consumer prices suffer steepest fall since 2009 as deflation risks stalk economy
China’s consumer prices suffered their steepest fall in more than 14 years in January while producer prices also dropped, underscoring the persistent deflationary risks facing the world’s …
US farm exports hit three-year low in 2023 as China slows buying -Braun
That volume was down 17% from 2022, the largest year-on-year tumble since 1985. Last year’s U.S. bulk commodity exports were still a 10-year low even when subtracting China’s portion, though the …
China producer prices dip in January for a 16th month; consumer prices slip again
China’s producer prices declined for a 16th month in January, while consumer prices slipped for a fourth month. The data underscore the depth of the challenge that Beijing faces in reflating the world …
China’s consumer prices fall 0.8% y/y, factory deflation persists
China’s consumer prices extended their decline for a fourth month in January while producer prices also dropped, underscoring deflationary risks facing the world’s second-biggest economy as it …
For China’s new globetrotters, group tours are out and Northern Lights are in
As Chinese travellers gear up for the Lunar New Year holiday, which this year runs from Feb. 10 to 17, more of the people who can afford to travel abroad are eschewing the group tours…
Chinese firm behind ‘news’ websites pushes pro-Beijing content globally, researchers find
More than 100 websites disguised as local news outlets in Europe, Asia and Latin America are pushing pro-China content in a widespread influence campaign linked to a Beijing public relations firm, …
Philippine president angers Beijing by congratulating Taiwan’s president-elect
Manila is lining up with US war plans against China hoping to gain access to resources in the South China Sea while also seeking to direct domestic social tensions outwards.
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