The chief executive of crypto exchange Coinbase has predicted bitcoin will be “the key to extending western civilization” as the U.S. continues to inflate the …
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McDonald’s investor day is Wednesday. Expect to hear about expansion, tech and China
McDonald’s is expected to share new details about its accelerated expansion plans, a new spinoff brand called CosMc’s and digital strategy at its investor day on Wednesday.
German firms diversify in Asia to reduce China risk – survey
BERLIN, Dec 5 (Reuters) – Nearly half of German companies operating in China are taking measures to reduce the risk of doing business there largely due to growing geopolitical tensions, according to a new survey…
China’s Services Sector Maintains Growth, Private Survey Shows
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world A private gauge of China’s services activity continued…
Raimondo: More export curbs from U.S. may be needed to keep up with China
The U.S. may add more restrictions on tech exports to China as needed, Commerce Secretary Gina Raimondo told CNBC in an interview. “I know that’s hard for industry,” she said. “The truth of it is…
China’s Rising Debt Spurs Moody’s to Cut Credit Outlook
China’s Ministry of Finance immediately expressed disappointment, saying that the Chinese economy is resilient and that local government budgets could withstand their loss of revenue from the country’s real estate downturn. Moody’s reaffirmed its …
Irish services sector growth quickens for first time since April -PMI
Growth in Ireland’s services sector accelerated last month for the first time since April as new business increased and exports rebounded, a survey showed on Tuesday.
Major Chinese panel manufacturers may reduce production by 20%
BOE, TCL CSOT, Huike Electronics, and Xianyang Rainbow Electronic Accessories – have recently notified suppliers …
China’s credit outlook cut to negative on debt worries; UK grocery inflation slows – business live
Rolling coverage of the latest economic and financial news, as Moody’s cuts its outlook on China’s sovereign bonds to negative …
Moody’s downgrades outlook on China credit rating over debt fears
Ratings agency Moody’s on Tuesday downgraded the outlook on China’s credit rating to “negative” from “stable” on the back of rising debt in the world’s second-largest economy, with Beijing saying it …
China’s government can’t take a joke, so comedians living abroad censor themselves
AP In China there are censors who review jokes in advance … “You’re scrolling … oh gym trainer, nice body; business executive, million-dollar salary; and then…third-class certificate of disability …
China and EU should push relations to ‘a new level with new prospects’, Wang Yi tells European envoys in Beijing
While the EU’s goods exports to China remain largely stable, there has been strong growth in imports from China in recent years. In June, the bloc reaffirmed its multifaceted approach towards China, …
Gov’t criticized for failing to lower dependence on China for urea
The government is facing growing criticism for not doing enough to secure a stable supply of urea, following China’s recent ban on exports of the industrial product to Korea, which has reignited …
