Luxury spending in China traditionally is correlated with home prices. That is bad news for global brands that start reporting the latest quarterly results next week.
Featured Posts Title
Explainer – Russia, China, Taiwan and Japan’s World War Two legacy dispute
Shifting US alliances push rivals China and India together
China’s wealthy brace for a widening tax net as Beijing closes in
Explainer-how China’s oil majors helped Beijing prepare for an energy crisis
In a Club of Emerging Powers, China and India Vie for Influence
China-Philippines tensions simmer after Beijing rebukes Manila over Seoul clash
Night view of Shougang Park in Beijing
Recent Posts
China’s Ghost Cities Are a Problem for Europe’s Luxury Brands, Too
China expresses concern over US chip and connected vehicle policies
China’s commerce minister on Tuesday raised “serious concerns” with U.S. Secretary of Commerce over U.S. semiconductor policies towards China and restrictions on Chinese connected vehicles, calling …
I Did Business With China, and America Won
So why can’t we move all that manufacturing to other low-wage countries? Because only China has the massive workforce (800 million strong), the infrastructure, and the natural resources to supply 380 …
Exclusive: Brussels rejected China proposal for 30,000 euro minimum sales price in EV dispute, sources say
Brussels rejected a proposal by the Chinese government for imported electric vehicles made in China to be sold at a minimum price of 30,000 euros ($32,946), three sources said, a move Beijing hoped …
China files complaint against Turkey at WTO over electric vehicle tariffs
China has taken the first step in initiating a trade dispute with Turkey at the World Trade Organization over its tariffs on imports of electric vehicles, its diplomatic mission said in a statement on …
China’s NDRC: Downward pressure on Chinese economy increasing
The National Development and Reform Commission (NDRC), China’s state planner, said on Tuesday that “the downward pressure on China’s economy is increasing.” China’s economy largely stable. China’s economy facing more complex internal, external environments. Market…
China’s Underwhelming Economic Stimulus May Drive Investors Back Into Crypto, QCP Capital Says
The Chinese government failure to introduce more economic stimulus could lead to investors returning to the crypto market, QCP Capital said.
China Bets On Massive Blockchain Infrastructure
China has embraced a “blockchain, not crypto” approach, pouring resources into blockchain technology on a mind-blowing scale.
China markets start like a lion and end like a lamb after Beijing stimulus comes up short
Shares in mainland China soared at the opening, as markets reopened after the Golden Week holidays. But they slid back as the stimulus plans provided by China’s economic planning agency seemed to …
China is menacing Taiwan with a drone swarm attack — and the US is playing catch up
Taiwan and the US lack the capacity to battle a possible Chinese mass drone attack, say analysts.
Stock market today: Wall Street points higher even as China holds off on major spending initiatives
Shares have soared in Shanghai but gave up a chunk of their initial gains as officials in Beijing outlined details of the government’s stimulus plans.
China’s stocks rally fizzles as stimulus offer disappoints
China’s stock markets roared back from a week-long break to reach their highest levels in more than two years at the open, before paring gains after officials failed to inspire confidence in stimulus …
China hits back at EU with brandy tax
China places a tax on European brandy imports in a move critics say is retaliation for recent tariffs on electric cars.
