You can blame China, Trump, Apple, and Nvidia.
Monthly Archives For July 2024
China’s fitness enthusiasts exercise caution as they look to make their yuan go a long way
In China’s wellness industry, which is expected to cross 100 billion yuan (US$13.8 billion) in 2026, only the fittest will survive.
They used to work for China’s biggest companies. Now they’re doing manual labor
Conglomerates in China are slowly losing their appeal as economy faces headwinds. Some workers resign themselves to blue-collar jobs for work-life balance.
Shenzhen tech giants deepen rift as Huawei app store list snubs Tencent’s video games
Video game titles from Tencent have disappeared from the top lists of the app store of Huawei, in sign of a deepening dispute between the two Shenzhen-based tech giants.
Why China’s Commodity Imports Rise amid Struggling Economy
Chinese purchases of LNG, coal, copper, and iron ore jumped in the first half of the year compared to year-ago levels.
Chinese officials expect bumpy ride for economy after policy meeting
By Joe Cash and Liangping Gao BEIJING (Reuters) -Chinese officials acknowledged on Friday the sweeping list of economic goals re-emphasised at the end of a key Communist Party meeting this week …
Russian oil exports to China rise by 5% in first half of 2024
Russian oil exports to China increased by 5% in the first half of 2024. Oil refiners, under pressure from weakened margins, chased barrels at discounted prices. Source: Reuters Details: Reuters …
A new round of Trump tariffs on China would drastically slow its economy
Taking into account the effects of Trump’s 2018 China tariffs, economists from UBS offered a simplified model of what a new round would do, assuming that China doesn’t retaliate, other countries don’t …
Exclusive: Hit by client exits, PwC to slash China partners’ pay
PricewaterhouseCoopers (PwC) has asked its China-based partners to take a pay cut of up to 50%, two people with knowledge of the matter said, as a regulatory probe into the firm and departure of some…
How China swerved worst of global tech meltdown
Additionally, China is not as reliant on Microsoft as the rest of the world. Domestic companies such as Alibaba, Tencent and Huawei are the dominant cloud providers. So reports of outages in China, …
Fears of a ‘Fast and Furious’ Trump Trade War on China
The possibility that former President Donald Trump could win a second term has spurred China watchers to map out potential consequences for the world’s No. 2 economy: in particular, what happens if …
Africa’s trade deficit shrinks as exports to China surge – but experts say it won’t last
Exports from Africa to China have soared in the first half of the year, while imports from China fell slightly China’s imports from Africa rose by 14 per cent year on year to reach US$60.15…
China reveals first-of-its-kind passenger train with game-changing features: ‘Towards a greener, low-carbon future’
China is the world’s leader in high-speed rail … “In the field of rail transit, a key technology is to reduce the vehicle’s body weight and its energy consumption while ensuring vehicle performance …
