Bernard Arnault owns about half of LVMH, which includes luxury brands like Louis Vuitton, Dior, Tiffany & Co., and TAG Heuer, among others.
Monthly Archives For September 2024
China could be exporting a new good: Inflation
The move is also likely to have a distinct positive effect on base metals, as Chinese infrastructure spending is generally a large piece of stimulus packages. The building of roads, bridges, and …
Imperial Hypocrisy of the US-China Climate Talks
CODEPINK is a feminist grassroots organization working to end U.S. wars and militarism, support peace and human rights initiatives, and redirect our tax dollars into healthcare, education, green jobs and other life-affirming programs.
Imperial Hypocrisy of the US-China Climate Talks
CODEPINK is a feminist grassroots organization working to end U.S. wars and militarism, support peace and human rights initiatives, and redirect our tax dollars into healthcare, education, green jobs …
China-Linked Hackers Breach U.S. Internet Providers in New ‘Salt Typhoon’ Cyberattack
The hacking campaign is the latest in a series of incursions that U.S. investigators have tied to China in recent years.
China to Give Cash Handouts for the Poor in Rare Use of Aid
China said it will give one-off cash handouts to people in extreme poverty before Tuesday, in a rare announcement of direct aid just a day after unveiling a sweeping program to stimulate the world’s second-largest…
Brooks Is Opening Its First Store In Mainland China. Here’s How it Plans to Grow Market Share There
Brooks has officially opened its first store in Mainland China. The more than 1,200-sq.-ft. store, located in the Kerry Center shopping mall in Shanghai, had a soft opening in mid-July, but celebrated its official grand…
Beijing Begins To Face Demographic Reality And Raises Retirement Ages
For years, demographic concerns were far from the minds of leadership in Beijing. Now they have become imperative.
China ‘firmly opposes’ proposed ban on connected vehicles
US warns that data collected by Chinese or Russian software in connected vehicles and autonomous vehicles could pose a threat to national security
China’s rising youth unemployment signals the nation’s economic woes are far from over
As millions of Chinese college graduates have started looking for work, youth unemployment is on the rise again.
China’s Central Bank Adds to Easing Blitz With Another Rate Cut
The People’s Bank of China delivered another policy rate cut, a day after announcing a slew of monetary easing measures to aid the economy amid concerns that Beijing’s annual growth target is increasingly out of…
China’s Stimulus Package: What You Need to Know
What is the stimulus package? Is it monetary or fiscal? Monetary: These are measures taken by the central bank, the People’s Bank of China, rather than tax-and-spending moves by the government. In fact,
India’s manufacturing incentives progress amid efforts to cut China imports
India’s cash incentives to boost domestic manufacturing have attracted over $17 billion of investment since the 2020 launch of the production-linked scheme, a government official said on Wednesday, …