The jobless rate for 16 to 24 year olds in China, excluding college students, was at 13.2% for the month of June, the country’s statistics bureau said on Wednesday.
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How China’s Economy Compares to the US’s After Latest Results
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.
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 …
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 …
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 …
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.
Will Tesla Robotaxis Be Allowed in China? Analyst Says ‘Highly Unlikely,’ Investors Should Consider Unavoidable National Security Risks
New robotaxis could be the future of Tesla Inc (NASDAQ:TSLA) and a multi-billion dollar opportunity. An analyst believes the technology could be great for the U.S. but face pressure of being allowed …
Xi Jinping is trying to love-bomb China’s entrepreneurs
Reviving China’s flagging entrepreneurial spirits has become an urgent priority. As this article was published, the Communist Party’s Central Committee was meeting in Beijing to discuss reviving the …
Speculation on Mainland China Reversing Bitcoin Ban Met With Community Skepticism
Recent buzz on social media has reignited discussions about China potentially lifting its longstanding prohibition on Bitcoin. However, the cryptocurrency community remains largely skeptical about such a reversal happening anytime soon.
