China’s appetite for gold, amid slowing growth and a floundering stock market, drove up demand for the commodity in 2023.
Featured Posts Title
Robot decapitated in world’s first-ever humanoid UFC fight
Rescuers race to find survivors in the rain after a landslide in China kills at least 8
Trump spares Beijing in probe of alleged Chinese election plot
Trump alleged China took US election data. Its leader is still planning for a lavish state visit to the US
Trump says China seized 220 million voter files. What the documents say
China’s Latest A.I. Breakthrough Threatens America’s Lead
US restores preferential trade privileges for Hong Kong, drawing thanks from China
Recent Posts
China’s Gold Sales Surge As Economic Confidence Crashes
Shou Zi Chew, CEO of ByteDance-owned TikTok, had to confront claims about ties to China in the U.S. Senate: ‘Senator, I’m Singaporean’
T ikTok was one of several social media companies present at Wednesday’s U.S. Senate hearing on online safety for children. But CEO Shou Zi Chew had to face a barrage of questions
Apple’s sales plunged in China — these are the iPhone giant’s 5 biggest problems right now
Apple is facing challenges in China from cautious consumer sentiment to intense competition, in particular from a rejuvenated Huawei.
Tesla is upgrading its Model Y’s self-driving features in China amid fierce competition from BYD
The move comes amid heightened competition for Tesla in China. Chinese EV company BYD overtook Tesla as the world’s biggest EV maker last year.
Apple’s China Slump Deepens Even as Total Sales Grow Again
Apple Inc. reported a deepening slump in China during the holiday quarter, even as total iPhone sales were stronger than expected and the company returned to revenue growth.
China gaming: Beijing approves Dungeon & Fighter Mobile among imported titles, giving Tencent a boost
In a surprise move, China’s gaming regulator approved a new batch of foreign video games on Friday, including hit title Dungeon & Fighter (DnF) Mobile to be operated in China by Tencent Holdings, as …
ICBC chairman Chen Siqing resigns as Chinese banking industry undergoes leadership reshuffle
The world’s third-largest lender by market capitalisation has announced a key change at the top, the latest in a slew of leadership reshuffles in the country’s banking sector this year.
China regulator urges banks to improve credit management
China’s financial regulator on Friday issued measures that urge commercial banks to further improve credit management, to better serve the real economy.
Apple’s China sales tumble highlights waning clout as local brands gain
Apple’s weak China sales performance may have shocked investors, but customers and analysts have been noting the rising challenges the company faces in its third-largest market. Intensifying …
China’s EV makers continue to make inroads in Southeast Asia, as they double their market share in Thailand—the ‘Detroit of Asia’
It’s the latest country where China’s cheap electric cars are challenging established automakers, many of which were slow to embrace the EV transition.
Fast-fashion retailer Shein eyeing Wall Street IPO facing dozens of lawsuits: report
Shein, which apparently has aspirations to list shares on Wall Street, has had nearly 100 copyright cases filed against it to date, the Financial …
CEOs are worried about China risks, but they’re learning that leaving the market is easier said than done
Dig a little deeper, you’ll find the top concern among geopolitical risks, for most, is not war in Europe, or missiles in the Red Sea, or widening conflict with Iran. It’s China. A decade ago,…
China’s Investors Take Shots at State Media Spin as Stocks Fall
The Communist Party’s mouthpiece ran an editorial declaring China was brimming with “optimism” on Friday. Within hours, stocks tumbled and internet users clapped back with sarcasm.Most Read from BloombergDonald Trump Loses London Case Against Ex-MI6…
