Gold’s rising role as a safe-haven investment in China has made it the world’s top buyer while traditional assets such as real estate and stocks are seen as more risky.
BUSINESS
Hybrid Blockchain Altcoin Surges by More Than 20% As Project Announces New Partnership With a Venture Studio
The native altcoin for an under-the-radar public blockchain project surged more than 20% on Friday, outpacing the vast majority of the crypto market.
“The TopBrand 2023 World’s Top 500 Brand Figures” Released, Elon Musk, Bill Gates, and Taylor Swift Rank in the Top Three
In terms of industry distribution, the arts sector has the most individuals on the list, totaling 71, with Taylor Swift, Robert Downey Jr., and Katy Perry leading the industry. The technology sector ranks second with…
Apple Sees First Quarterly Revenue Increase in a Year
Apple has had plenty of challenges to start the year. The Apple Watch has been altered by patent lawsuits, the App Store has come under fire from developers, and the iPhone has faced renewed competition…
The IPO Market Isn’t Playing Ball With Amer
The owner of Wilson and Arc’teryx didn’t get a first day bounce. Analysts had previously told Inc that last year’s paltry returns would likely continue in early 2024.
China is reportedly scrubbing the internet of negative coverage of its economy
Beijing has been grappling with severe real estate troubles and a deep bear market in stocks. Reports this week say critics are being censored.
Great Wall Teases Big Luxury Sedan From A New Brand In China
Great Wall Motors is preparing to launch yet another EV brand and has teased its first model, taking the form of a long luxury sedan.
China’s 2024 Growth to Slow to 4.6%, Dragged by Weak Exports, Property Slump, Says IMF
KEY TAKEAWAYS The IMF expects China’s GDP growth to slow to 4.6% in 2024 from around 5% last year, with weak exports and real estate problems dragging down activity.China’s GDP growth could fall to …
China’s chances of staging an economic rebound this year look slim
Experts see a narrow path for Beijing to pull off a rebound as policy remains uncertain and the real estate crisis deepens.
Apple’s sales plunged in China — these are the iPhone giant’s 5 biggest problems right now
Apple is facing challenges in China from cautious consumer sentiment to intense competition, in particular from a rejuvenated Huawei.
Apple’s China sales tumble highlights waning clout as local brands gain
Apple’s weak China sales performance may have shocked investors, but customers and analysts have been noting the rising challenges the company faces in its third-largest market. Intensifying …
China’s EV makers continue to make inroads in Southeast Asia, as they double their market share in Thailand—the ‘Detroit of Asia’
It’s the latest country where China’s cheap electric cars are challenging established automakers, many of which were slow to embrace the EV transition.
Fast-fashion retailer Shein eyeing Wall Street IPO facing dozens of lawsuits: report
Shein, which apparently has aspirations to list shares on Wall Street, has had nearly 100 copyright cases filed against it to date, the Financial …
