After 40 years of explosive growth, China’s economy is now in deep distress — with no turnaround in sight. Here’s everything you need to know: …
BUSINESS
Old wine in new forms: China’s baijiu brands look to chocolates, coffee and NFTs to attract the young
Consumers in China are more “experimental” when its comes to food and beverage products, says one expert. Read more at straitstimes.com.
Calls for China to cut US Treasuries persist despite 14-year low
At a summit in Shanghai, an academic has echoed some of his peers by recommending the dumping of US Treasuries – a move that they say would help ensure the safety of China’s overseas assets.
Honda JV becomes the first foreign partnership to launch a new EV brand in China
Although several automakers, including Volkswagen, Toyota, and others, have joint ventures in China that have launched electric cars, Honda’s JV launched an entirely new EV brand. Dongfeng-Honda said …
Asia Gold-Price dip buoys demand in India; China premiums ease
Physical gold buying in India improved this week on a retreat in domestic prices, while premiums in top consumer China pulled back from record highs, attributed to an easing of bullion import …
US ambassador to Japan calls Chinese ban on Japanese seafood ‘economic coercion’
TOKYO (AP) — U.S. Ambassador to Japan Rahm Emanuel accused China on Friday of using “economic coercion” against Japan by banning imports of Japanese seafood in response to the release of treated …
Why 1 Potential IPO Stock Could Lift China’s Whole Market
Yet the recent IPOs of other tech companies in the U.S. and U.K. suggest … Yet as the Chinese stock market has struggled and the broader economy has slowed, it appears that China is more…
Autoliv China Joins Forces With Great Wall Motor For Automotive Safety Solutions
Autoliv China, a part of Autoliv, Inc. (NYSE … Nansen Third-Party Affiliate Suffers Phishing Attack, Blockchain Addresses Exposed One of the anticipated outcomes of this joint venture is the …
Nike’s Recovery in China, North America to be a Central Theme When It Reports Q1 Earnings Next Week
More from Footwear News The 16 Best Trail Running Shoes of 2023, Tested by Experts Oregon Football Will Wear Color-Changing Nike Dunk Cleats for Its Game Against Colorado “China recovery uncertainty …
Shein shifts shipping strategy to bring China-made goods closer to U.S. shoppers
The move also marks a strategy shift for Shein, which has traditionally flown goods directly from China to shoppers. Shein lacks any physical stores in the U.S. According to the import data seen by …
Here’s why Jim Cramer believes that fears about Starbucks in China are overblown
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Stocks rose Friday, but Wall Street is …
EU says up to 70% of hi-tech imports ‘killing Ukrainians’ are reaching Russian military via China
The European Union estimates that up to 70 per cent of sensitive, hi-tech products reaching the Russian military are coming via China. Officials in Brussels are currently wrestling with how to stem …
EU trade chief to tell China that retaliation is a bad idea
Some European businesses fear an outsize reaction from China that they worry could come in the form of its own tariffs or other trade curbs that could target industries beyond just cars.