Driving the news: Two separate reports from WSJ and Bloomberg this week suggest that the Chinese government is expanding a ban on using iPhones and other foreign-branded devices for work within …
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China Is Losing Its Economic Edge, Especially Over The U.S.
China accounted for a mere 13.3% of all U.S. imports during the first six months of this year. That is down from a peak of 21.6% in 2017 and the lowest percentage since 2003 shortly…
Apple pullback in China will only mean 500,000 units at worst, says Wedbush’s Dan Ives
Dan Ives, managing director of equity research at Wedbush Securities, joins ‘Closing Bell’ to discuss tech whether or not Apple’s recent headwinds from China are overblown, the estimated valuation of Apple’s services business and the…
Sen. Hagerty says ‘terrible environment’ is forcing crypto companies ‘to look overseas’ and calls for more oversight hearings with SEC’s Gensler
A s Congress returns from summer recess, Sen. Bill Hagerty (R-Tenn.) called for crypto legislation on Thursday, arguing that the lack of regulatory clarity could push the industry outside of the U.S.
Did Authoritarianism Cause China’s Economic Crisis?
China’s economy, the world’s second largest, is facing its most serious setback in a generation. During the past two years, economic growth appears to have been cut nearly in half. After emerging from the “zero…
Kelly Evans: Why China is turning into a liability for American companies
One of my bigger regrets from college is that I couldn’t — because of scheduling and other conflicts — go on a six-week trip the business school was offering to China. This was back in…
China’s renminbi hits 16-year low after exports tumble in August
Trade turbulence and property sector woes, combined with sluggish consumer sentiment, led prices to fall in July. Factory activity slowed for a fifth consecutive month in August. China’s official economic growth target for this year…
Chinese Authorities Takes Down Numerous Crypto-related Influencer Accounts in Accordance with Regulations – Report
Chinese authorities crack down on the crypto space. It was reported that numerous crypto-related social media accounts were taken down.
CEO of fintech giant Ant Group pledges support for digital yuan at Shanghai conference, promotes cross-blockchain use
“Because the biggest feature of the e-CNY is programmability, it can ensure cross-chain communication between the payment blockchain and the business … second time after the first conference in 2020 …
China is importing more from Russia than ever before, with trade between the 2 countries surging since Putin invaded Ukraine
China bought Russian products worth a record $11.5 billion in August, new customs data shows.
Apple’s ‘Symbiotic’ Relationship in China Faces New Questions
Shares in the tech giant fell on Wednesday following reports that Beijing would bar government workers from using the device.
China is in Trouble. Are Chinese Stocks Investable?
The Chinese economy is in the doldrums. Its property market is a huge heap of failure, spreading trouble to the country’s lenders and heavily
Alibaba’s Stock Falls. China’s Imports Beat Expectations but It’s Still Bad News.
Shares in China’s e-commerce giant have been rising and falling, but mostly falling, on the back of economic data. The Chinese slowdown continues.
