China, the world’s second largest economy, likely expanded at more than 6 percent last year, reflecting a slowdown from years past and, in recent months, its most tepid rate since the depths of the gl……
FINANCE
Apple’s slowdown in China ripples through global financial markets
Global markets shuddered Thursday after Apple said China is buying fewer iPhones, amplifying fears that the world’s second-biggest economy is fading. Apple chief executive Tim Cook pointed to the unfo… ( read original story …)
Apple is trying to steal business from China’s homegrown smartphone players
Cook blamed the macroeconomy and U.S.-China trade tensions, but said the company won’t “sit around waiting for the macro to change” in an interview with CNBC. The iPhone maker has come up with what it…
China makes ‘US$102 billion’ move to aid slowing economy, but will it be effective?
The effectiveness of a move by China’s central bank to inject up to an expected 700 billion yuan into the world’s second largest but worryingly slowing economy is difficult to calculate given the lack ……
Why is Apple struggling in China?
The US-China trade war has hurt the wider Chinese economy, but some analysts believe it has affected Apple’s sales directly. A surge in patriotism since the beginning of the trade battle — and especia… (…
Here’s what Apple’s China nightmare scenario looks like
Amid Apple’s problems in China, U.S. stock futures were tumbling as of 7:57 A.M. ET. The company is expected to report results for the fiscal first quarter of 2019 after market close on January 29.…
China Is Said Back for American Soy as Trade Talks Planned
(Bloomberg) — China is back in the market for U.S. soybeans after taking a holiday break as Washington and Beijing plan more trade discussions. On Wednesday, Cofco Corp., China’s biggest food company … ( read…
China Easing Expected as $625 Billion ‘Liquidity Hole’ Opens Up
(Bloomberg) — Sign up for China Rising, a new weekly dispatch on where China stands now and where it’s going next. China will cut the reserve requirement ratio and improve funding conditions this mon… (…
China Lands Probe on Far Side of the Moon in a World First
(Bloomberg) — Sign up for China Rising, a new weekly dispatch on where China stands now and where it’s going next. China landed a lunar probe on the far side of the moon, the first…
China lands probe on far side of moon: state TV
Chang’e-4 is carrying six experiments from China and four from abroad, including low-frequency radio astronomical studies — aiming to take advantage of the lack of interference on the far side. ( read original story …)
It’s more than just the trade war. Apple’s China business has been under pressure for a while
“We believe the economic environment in China has been further impacted by rising trade tensions with the United States,” Cook said in a letter to investors. “As the climate of mounting uncertainty we… ( read…
China Daily launches global edition
financial and economic news, in-depth features and opinion pieces. The front page starts with a news analysis on events of great significance in and outside China. The World Watch column on the … ( read…
Apple has a China problem and an innovation problem, says Recode’s Kara Swisher
China may be Apple’s biggest problem right now, but a lack of innovation isn’t far behind, said Recode’s Kara Swisher. “Obviously, China’s at the top of the line,” Swisher told CNBC’s “Fast Money” in ……
