Kenneth Ho, head of Asia credit strategy research at Goldman Sachs, says “if there are government policies directed more towards cleaning up the excess inventory in the real estate sector, we think …
Tagged By beijing
Sam’s Club, Lululemon Among Brands Defying China Consumption Dip
Amid anemic consumer demand in China, some brands are still seeing double-digit sales growth in signs that it’s not all gloom and doom in the world’s no. 2 economy.
Blacklisted Chinese AI GPU champ Biren preps for IPO at $2.19B valuation
Nvidia’s China-based rival Biren hires an investment bank to prep for an IPO at a $2.19 billion valuation while being blacklisted by the U.S. government.
China’s secretive space plane has returned to Earth. Its mission? Unknown
A Chinese “reusable experimental spacecraft” believed to be the country’s secretive space plane has landed back on Earth after more than eight months in orbit – the latest development in a largely …
China’s Xi Jinping to visit Russia next month for the BRICS summit
MOSCOW (AP) — Chinese leader Xi Jinping will visit Russia next month for a summit of the BRICS bloc of developing economies, China’s Foreign Minister Wang Yi confirmed Thursday, a move that comes as …
China’s business climate floundering, India a key de-risking alternate for USA Inc, says this report
It is increasingly getting riskier to do business in China, according to a report by American Chamber of Commerce in Shanghai.
China’s plan to boost consumption by encouraging trade-ins has yet to show results
Several major cities and provinces have only in the last few weeks announced details on how the trade-in program would work for residents.
China’s defence minister asks major countries to take lead in safeguarding global security
China’s defence minister Dong Jun said on Friday that major countries must take the lead in safeguarding global security.
Kantar ranks China’s most valuable brands
The total value of the 2024 Kantar BrandZ Top 100 Most Valuable Chinese Brands Ranking falls by 4 percent this year, a welcome leveling-off since the previous two years saw double-digit percentage …
China’s ‘point running’ crypto scams, pig butchers kidnap kids: Asia Express
A new type of cryptocurrency scam is rising in China, with locals losing money to a scheme known … The term “point running” refers to the practice of moving crypto through various accounts. Often …
China could soon have more pets than toddlers. Why that’s a headache for Beijing
And even now, pet ownership remains comparatively low, according to Goldman Sachs. Last year, the percentage of dog-keeping households in Chinese cities stood at 5.6%, significantly lower than its …
U.S. Firms See Record-Low Profits in China: Report
A new report says U.S. companies in China are seeing record-low profits, amid U.S.-China tensions and a slowing Chinese economy.
China Will ‘Crush’ Foreign Incursions in Its Territory, Says Military Official – TaiwanPlus News
A Chinese military official says China will “crush” any foreign incursions into its territory, including in the South China Sea. Lieutenant General He Lei was speaking on the sidelines of the annual …
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