Arnault’s good fortune is largely tied to recent economic developments in China, one of LVMH’s largest markets. Significant stimulus measures announced by China’s central bank earlier this week have …
Featured Posts Title
The Battle for Truth: How Beijing Rewrote the COVID-19 Narrative
No-drone zone: DJI, consumers grapple with Beijing sales ban and registration rule
Taiwan expresses concern after China calls the island biggest risk in US-China relations
Hongkongers flock to Shenzhen for ‘better’ Labour Day dining and attractions
China Building ‘Super Soldiers’ With Help From Harvard Scientist Convicted Of Lying To US
Beijing bans drone sales to tighten security in capital
China warns US about Taiwan ahead of Trump’s visit to Beijing
Recent Posts
Bernard Arnault’s Fortune Is Soaring on China Stimulus—LVMH’s Actual Business Is Another Story
Bernard Arnault’s Fortune Is Soaring on China Stimulus—LVMH’s Actual Business Is Another Story
Arnault’s good fortune is largely tied to recent economic developments in China, one of LVMH’s largest markets. Significant stimulus measures announced by China’s central bank earlier this week have …
China’s industrial profit growth swings back to decline in August
China’s industrial profits swung back to a sharp contraction in August, official data showed on Friday, adding to a recent spate of bleak readings that point to mounting pressure on the economy.
China Stocks Add To Century’s Best Rally Ahead Of weeklong Shut Down
China returned to the business of exerting influence over global markets this week, announcing a significant round of stimulus actions. The move was backed by pledges for further support and just ahead of the Shanghai…
Stock market today: Indexes rally on China stimulus, promising labor-market data
Indexes rallied Thursday amid a surprise fall in jobless claims and promises from China to further invigorate the country’s sluggish economy.
After TikTok, Micro Drama Series Could Be China’s Latest Disruptive Contribution to Global Entertainment
The company closed down six months later having consumed nearly $1.5 billion of capital. Fast forward four years and the global market (excluding China) for micro-dramas, or ultra short fiction content made for consumption on…
China’s Presence Grows on US Doorstep
The U.S. Coast Guard said it met presence with presence when strategic competitors operate in and around U.S. waters.
After U.S. and China ‘panic,’ world market cap set to hit new record, says Bank of America
Global stock-market capitalization is set to surpass its highest level in three years after the Federal Reserve slashed interest rates and China began stimulating its economy.
Sensodyne maker Haleon to raise stake in China JV
(Reuters) -British consumer healthcare company Haleon said on Friday it has agreed to increase its stake in its Chinese joint venture to 88% from 55% for 4.47 billion yuan ($637.35 million). The joint …
Bitcoin Prices Show Positive 30-Day Correlation With China’s Central Bank Balance Sheet
The new inflow of cash could indirectly push up the price of bitcoin, particularly in the long term perspective,” one analyst said.
Musk’s Robots Are Too Friendly, China’s Are Armed And Dangerous: GOP Senator
China’s humanoid robots may soon be “infiltrating our businesses, schools, communities and homes,” a Republican senator has warned.
China’s Nuclear-Submarine Mishap Points to Challenge of Catching Up With U.S.
Building a potent nuclear submarine force would help China tighten control over its peripheral waters and improve its ability to seize Taiwan.
LG’s China LCD plant sold for $1.5 billion — focus moves to OLED
Once a thriving business to replace the traditional CRT displays from the top of our desks, the LCD technology is seemingly now a liability for South Korean companies like LG and Samsung. This week LG…