Al Jazeera reports that China has been pushing locally-made tech products, with technology at the center of major national security issues with the U.S. In 2020, ‘The Economic Observer’ reported that some Chinese government agencies…
Recent Posts
China Is Losing Its Economic Edge, Especially Over The U.S.
China accounted for a mere 13.3% of all U.S. imports during the first six months of this year. That is down from a peak of 21.6% in 2017 and the lowest percentage since 2003 shortly…
Apple pullback in China will only mean 500,000 units at worst, says Wedbush’s Dan Ives
Dan Ives, managing director of equity research at Wedbush Securities, joins ‘Closing Bell’ to discuss tech whether or not Apple’s recent headwinds from China are overblown, the estimated valuation of Apple’s services business and the…
Sen. Hagerty says ‘terrible environment’ is forcing crypto companies ‘to look overseas’ and calls for more oversight hearings with SEC’s Gensler
A s Congress returns from summer recess, Sen. Bill Hagerty (R-Tenn.) called for crypto legislation on Thursday, arguing that the lack of regulatory clarity could push the industry outside of the U.S.
Apple’s high valuation exposes it to China’s whims
In fact, state-owned China Mobile (0941.HK), on Thursday denied rumors about the company suspending the sales of iPhone models. Even so, Apple could withstand the measures being implemented as implied …
China’s widening iPhone curbs roil US technology sector
Beijing’s widening curbs on iPhone use by government staff rattled Apple and other U.S. technology stocks on Thursday as investors fretted over the financial impact of rising Sino-American tensions on …
Interview: China as “pacemaker” in technology means more opportunity for VW, says CEO
MUNICH, Germany, Sept. 7 (Xinhua) — As a pacemaker in the technology sector, China shows what will happen in the next 10 years around the world, which represents for the Volkswagen Group “a big …
Did Authoritarianism Cause China’s Economic Crisis?
China’s economy, the world’s second largest, is facing its most serious setback in a generation. During the past two years, economic growth appears to have been cut nearly in half. After emerging from the “zero…
Apple’s market value has tumbled $200 billion in in just 2 days over fears of a Chinese government crack down
“Apple’s growth story is heavily reliant on China and if the Beijing crackdown intensifies that could pose a big problem to the bunch of other mega-cap tech companies that rely on China.” The …
China’s iPhone Ban Throws Wrench In Apple Profit Engine: 30M Units At Risk, Bank Of America Warns
China restriction of iPhones could spell trouble for Apple’s earnings; Bank of America projects a potential impact of $0.34 per share.
China is pushing ahead with dedollarization, hoarding gold for a 10th straight month after slashing Treasury holdings to a 14-year low
China’s gold stockpiling comes amid the country’s bid to erode the dollar’s global dominance, as well as growing economic uncertainty within the Asian state.
The China Model Is Dead
For that, economists agreed, China would need to liberalize its financial sector and relax the hand of the state on private enterprise. Early in his tenure, Xi seemed to accept these imperatives. In …
Kelly Evans: Why China is turning into a liability for American companies
One of my bigger regrets from college is that I couldn’t — because of scheduling and other conflicts — go on a six-week trip the business school was offering to China. This was back in…