Starbucks shares fell 3% in the after-hours session after the company lowered its sales growth forecast for China, its second-largest market outside the U.S. The Seattle-based coffee giant said its …
Featured Posts Title
Belgium’s arrest of Chinese alleged chip-tech thief fuels European fear of Beijing
Beijing expands funding tools to support food security, rural modernization
Speech in China is in the deep freeze
China says it will pump $54 billion into banks and insurers — but their stocks still fell
Asia-Pacific Media Forum opens in Shenzhen, building a bridge of understanding and coexistence through media
Rare Beijing spy series highlights real-life intelligence drama with Taiwan
Ahead of Xi’s US visit, China’s soybean crushers face high costs, weak margins
Recent Posts
Starbucks shares fall on reduced China outlook
Chinese stocks are now among Asia’s worst-performing as Beijing crackdown spooks investors
Days of heavy selling in Chinese stocks have left two major indexes in the country as the worst-performing markets of Asia-Pacific.
Top Olympic Sponsors Grilled on China Human Rights Abuses Ahead of Beijing Games
Top U.S. corporate sponsors of the Beijing 2022 Olympics dodged two hours of questions from a bipartisan U.S. government commission Tuesday to avoid directly condemning China’s human rights abuses …
China’s Q2 Smartphone Shipments Down 11% – IDC Data
Smartphone shipments in China were down 11% in the second quarter, mainly due to a decline in Huawei’s business in the aftermath of U.S. sanctions on the Chinese company, data from research firm …
Beijing’s Big Tech Crackdown Means a Bad Summer for Investors Everywhere
Beijing’s continuing crackdown on Big Tech will have ramifications around the world. It’s going to be a bumpy ride.
China sets yuan midpoint at weakest in over 3 months
China’s central bank on Wednesday dragged its official yuan midpoint to the weakest level in more than three months to reflect broad weakness in the spot market a day earlier following a sharp …
IMAX China Reports Half-Year 2021 Financial Results
IMAX China delivered a strong revenue rebound to US$53.4 million for the first half of 2021, up from US$6.7 million a year ago, including technology sales and maintenance revenue of US$31.7 million, …
China Bond Bulls Unfazed by Xi’s Crackdown on Capital Markets
While Chinese markets might look bleak at the moment, the biggest government bond selloff of 2021 has some investors salivating at a buying opportunity.Risk aversion swept the country and spread …
China Shares May Open Under Continued Pressure
The China stock market has finished lower in three straight sessions, plummeting more than 190 points or 5.5 percent in that span. The Shanghai Composite Index now rests just above the 3,380-point …
China Soft Ahead of Fed, Big Tech Earnings. Transports Lower
Markets are lower in afternoon trading in New York today. China fears have created uncertainty, and why we looked to short the Transports yesterday. It seems like …
China floods: Sports brand Erke gear flies off the shelves after US$7.7 million donation to Henan flood relief
A little-known brand in China is enjoying a boost in popularity after donating 50 million yuan to Henan flood relief efforts …
Global Investors Blindsided by China
Beijing’s moves have already wiped out $1 trillion in value from mainland and Hong Kong stocks this month alone. Investors now being split on whether that presents an opportunity to buy in. Bloomberg …
China’s Yunnan reports 2 locally transmitted confirmed COVID-19 cases
Southwest China’s Yunnan Province reported two locally transmitted confirmed COVID-19 cases on Tuesday, the provincial health commission said Wednesday. Both cases were discovered during a nucleic …
