World Bank data shows the gap between the top two economies widened last year. China’s was just two-thirds the size of the U.S.’s down from 70 percent in 2022 and 76 percent in 2021.
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Nike is hurting in China, but Lululemon isn’t: Analyst explains
Lululemon (LULU), and Starbucks (SBUX) are under pressure as slowing growth in China weighs on profit margins. TD Cowen managing director of retail and consumer brands John Kernan joins Catalysts to discuss how consumer weakness…
NexGen raises sub-goal P529 million from IPO
NexGen Energy Corp. led by businessman Dexter Tiu closed more than 1 percent above its IPO price during its stock market debut on Tuesday despite not raising its target amount, reflecting a …
China’s second-largest car dealer faces forced delisting as investors snub its shares
China Grand Automotive Service is set to be expelled from the Shanghai Stock Exchange after its shares traded below their par value for 20 straight days, the latest sign of cracks appearing in the …
China strives to lure foreign tourists, but it’s a hard sell for some
Guilherme Carvalho made his first visit to China this month, and the Italian said one of the main factors behind the trip was the post-pandemic policy to scrap entry permits for some tourists.
US dollars exit China’s VC market, ending two-decade marriage that enabled rise of start-ups
A sea change is taking place in China’s venture capital industry as the two-decade marriage between US investors and mainland start-ups comes to an end, casting a shadow over the country’s tech …
China tycoon Guo Wengui found guilty of fraud in US
Self-exiled Chinese businessman, Guo Wengui, has been convicted by a US court of stealing hundreds of millions of dollars from online followers. He was found guilty on nine out of the 12 criminal …
Trump’s VP pick Vance points to tough China policy, analysts say
Donald Trump’s choice of populist Ohio Senator J.D. Vance as his vice presidential running mate provides more evidence of what would be a tough U.S. stance on China in a second Trump administration, …
US dollars exit China’s VC market, ending 2-decade marriage that enabled rise of start-ups
International investors in China’s most successful unicorns, including TikTok owner ByteDance and fashion giant Shein, are still waiting to cash out A sea change is taking place in China’s venture …
China’s shipbuilding industry soars in H1, solidifies global leading position
The MIIT’s data also demonstrates China’s dominant position in the global shipbuilding market. In the first half of this year, the country’s shipbuilding completions, new orders, and order book as …
Shenzhen to offer affordable self-driving minibus rides
The commercial application of self-driving technology is gaining momentum in China, with Shenzhen, a metropolis in Guangdong province, preparing to launch a fleet of 20 autonomous minibuses this year …
China’s exports to prevail amid headwinds in 2H
China’s foreign trade will continue its quality upgrade in the second half of the year, bolstered by its industrial chain advantages, robust innovation momentum and strong policy support, exporters and market watchers say.
Expectation Acquisition Files for $60M IPO
Expectation Acquisition Corp. filed for an initial public offering valued at $60 million.
