China’s recent stimulus measures have primarily targeted its monetary policy, which focuses on banks and money supply rather than “spending its way out” of a downturn. Among …
Tagged By beijing
Visitors find robotic fake whale shark in China aquarium
An ocean aquarium in the southern Chinese city of Shenzhen found itself in hot water after visitors found out that the “whale shark” there was actually a robot. The “whale shark” was caught on camera…
Stellantis CEO Warns Chinese Brands Setting Up Shop In Europe Could Lead To Local Factory Closures
Tavares believes that new factories in Europe by Chinese carmakers will increase the “manufacturing overcapacity” in the region
LVMH Sales Drop as Chinese Demand for Costly Handbags Cools
LVMH’s sales of fashion and leather goods fell for the first time since the pandemic as the industry’s biggest player was hammered by a slump in demand from Chinese consumers whose appetite for high-end purchases…
China Market Update: Patience Is Needed Until The NPC
Asian equities were mixed overnight, though the most significant event was Taiwan Semiconductor’s blowout earnings beat after the close.
China’s retirement crisis is here, and Beijing will be forced to keep raising the retirement age, demographer says
People 60 years and older are expected to make up nearly half of China’s population by 2050, according to estimates from the United Nations.
China woes drag down Pernod Ricard first quarter sales
French spirits maker Pernod Ricard said it still expected to return to sales growth in the 2024/25 fiscal year, despite reporting a bigger-than-expected fall in first quarter sales, caused partly by weakness in China.
China Releases Footage of Pacific and Arctic Training With Russia
On September 28, the United States Coast Guard spotted the Chinese vessels in the Bering Sea near Alaska as they transited northward to the Arctic Ocean. This is the northernmost location where the …
Apple secretly worked with China’s BYD on long-range EV battery
Apple worked with Chinese automaker BYD for years, developing batteries that helped lay the groundwork for tech used today, according to people familiar with the situation.
Iron ore price slumps toward $100 after housing briefing in Beijing
Iron ore rallied from a two-year low below $90 in late September to above $110. But prices have faded as a series of government briefings on economic policy fell short of expectations. China’s economy …
UK’s Lammy visits China in bid to reset London-Beijing ties
British Foreign Secretary David Lammy will visit China this week, Beijing and Downing Street said Thursday, marking the first by a senior UK official since the election of Prime Minister …
Soaring Sales Send China EV Stocks Sky-high As US And EU Automakers’ Shares Get Shaky
One sign of the success of China EV companies in their own country and rising success elsewhere is the return it has given investors. For fossil fuel auto manufacturers, the opposite is true. Great …
China: Drone show celebrates 75th anniversary of PRC on National Day in Shenzhen
Shenzhen, Guangdong Province, China – October 01, 2024 On October 1, 2024, @ooh shared a video of a drone show in Shenzhen, Guangdong Province, China, held to celebrate China’s National Day and the …
