China’s economy is expected to have slowed in the third quarter, dragged by a prolonged property downturn and weak consumption, maintaining pressure on policymakers as they consider more stimulus …
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China expected to post slowing growth as economic woes drag
China is expected to post its slowest growth in a year and a half on Friday, as Beijing struggles to steady an economy shaken by sluggish spending and persistent property sector woes. Analysts surveyed by…
‘Really squeezed’: Why drivers in the world’s largest food delivery market are having meltdowns
A food delivery rider suddenly loses it in the middle of the road, smashing his cellphone on the pavement after getting a negative review from a customer.
Expat community uneasy 1 month after killing of Japanese boy in China
Students of a Japanese school in the southern Chinese city of Shenzhen and their parents were still haunted by the fatal st …
IMF’s Georgieva says China can no longer rely on exports for growth
International Monetary Fund Managing Director Kristalina Georgieva told Reuters on Thursday that China is too large to continue relying on exports to drive its economy and faces dangerously slower …
White House warns China using overproduction for global dominance
China is making far more goods than it needs in order to dominate global markets, White House official Daleep Singh said on Thursday, adding the Asian giant has amassed growing market power that it …
Families of fentanyl victims ask U.S. for China tariffs over opioid crisis
A group of families whose loved ones died of fentanyl overdoses filed a petition with the office of U.S. Trade Representative Katherine Tai on Thursday, requesting a probe into China’s alleged role in …
US says China making far more goods than it needs to overtake global markets
Data showed that China had a significant overcapacity and was making far more goods than it needs in order to overtake global markets, White House official Daleep Singh said on Thursday. Singh added …
Global Autonomous Driving Tech Company Pony.ai Files for IPO
The self-driving startup didn’t say how many shares it would list or give an anticipated price range in a filing with the SEC.
Chinese Robotaxi Firm Pony AI Files for US IPO
Pony AI has applied to list on the Nasdaq stock exchange under the ticker symbol ‘PONY’. The company did not reveal the size of its offering. Goldman Sachs, BofA Securities, Deutsche Bank, Huatai Securities and…
Is China’s new stimulus enough to revive its economy?
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 …
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
