Estée Lauder cited weak demand in China as it warned fiscal 2024 adjusted per-share earnings could fall as much as 33% versus earlier projections.
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Anthony Albanese soon will be the first Australian prime minister in 7 years to visit China
Anthony Albanese will soon become the first Australian prime minister in seven years to visit China in recognition of improving bilateral relations.
It’s U.S. vs. China in an Increasingly Divided World Economy
For decades, the U.S. and other Western countries sought to make China both a partner and a customer in a single global economy led by the richest nations. Now trade and investment flows are settling…
China’s Millions of Communist Party Officials Warned Against Investing in Private Equity
Clamping down on corruption in the sprawling party that controls China has been a signature issue of President Xi Jinping since he took power a decade ago.
China’s wine market ready to welcome likely return of Aussie wine as ties improve
News that punitive tariffs on Australian wine introduced by China in 2021 would be reviewed as part of a push to improve the relationship between the two countries was cheered by many, including Campbell Thompson.
Elon Musk says good for UK, US and China to align on AI safety
Elon Musk said it would be good for Britain, the United States and China to be aligned on the safety aspects of artificial intelligence at an event with British Prime Minister Rishi Sunak in London…
China hunts for new industrial ‘pillars’ to replace a wobbly property market
With the property sector, formerly a steady driver of GDP growth, no longer able to deliver, new industries will have to take its place But there is no one sector which can be simply swapped…
Global Finance Chiefs to Face Tougher China Questions at Hong Kong Summit
The Global Financial Leaders Investment Summit, a flagship event hosted by the Hong Kong Monetary Authority, begins on Monday with participants including Goldman Sachs Chief Executive David Solomon, …
China service sector growth underwhelms in Oct- Caixin PMI
This was particularly apparent by weakness in the services sector, which is otherwise a stalwart supporter of business activity. Still, China is set to issue about 1 trillion yuan ($136 billion) in government bonds this…
China set for abrupt switch from warm to freezing weather in year of extremes
Temperatures in northern China are set to plunge as much as 20 degrees Celsius (68 Fahrenheit) after summer-like conditions in the final days of autumn, state forecasters said on Friday, extending a year-long trend of…
ASML’s China Export Sanctions Came Too Late, Contends Dutch Politician
The Dutch government finally restricted the sales of the Twinscan NXT:2000i and more advanced DUV litho machines to China starting September 1, 2023. As a result, ASML now has to apply for an export …
Xinhua China news advisory — Nov. 3
China Focus: China International Import Expo to open, highlighting wider openness and cooperation — Xinhua Commentary: Xinjiang “forced labor” fallacy exposes hypocritical Western human rights …
Fauci-Run Lab In Montana Experimented With Coronavirus From Wuhan A Year Before Pandemic
U.S. taxpayer money was used to conduct experiments on coronaviruses from the Wuhan lab in China, which is believed to be the source of the COVID-19 pandemic. The National Institutes of Health (NIH), …