China’s monthly auto sales rose for the first time in almost two years as the country eased virus-related curbs and reopened for business, but the annual number will likely be slashed by up to 25%…
Tagged By business
China’s auto market just snapped a 21-month slump. But car sales are still dire
Auto sales in China grew last month for the first time in nearly two years, providing some much-needed relief for the world’s biggest market, driven by increased demand for commercial vehicles. But … ( read…
White House trade advisor Peter Navarro on US-China tensions over handling of Covid-19
Tensions are rising between the world’s two largest economies. Washington and Beijing are sparing over the origin of the coronavirus outbreak. President Trump has threatened tariffs and there’s been … ( read original story …)
Blockchain Bites: Your Guide to Consensus Distributed
Blockchain Bites will publish twice daily throughout Consensus: Distributed, setting the schedule and rounding up what you may have missed. ( read original story …)
Goldman Sachs says global oil demand will bounce back but could be hit hard by the lack of business travel
“You are going to lose a big chunk of the jet demand that would have been associated with business travel,” Goldman Sachs said, … ( read original story …)
Sinopec Ranks First in Brand Value in China’s Energy and Chemical Industry
China’s leading energy and chemical company, was named the number one brand in China’s energy and chemical industry in terms of brand value at China Brand Day 2020, held on May 10. ( read original…
China Car Sales Mark First Rise in 22 Months, but Virus to Still Slam 2020
The sales data for April and the gloomy outlook underline the challenges being faced by the world’s biggest auto market as it struggles to emerge from a prolonged slump in demand, … ( read original…
Ping An Ranked World’s Most Valuable Insurance Brand for Fourth Year in a Row
Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEx:2318; SSE:601318) announced that Ping An is the world’s most valuable insurance brand in the Insurance 100 … ( read original…
China Car Sales Bounced Back a Bit in April
China’s auto market ended a 21-month losing streak in April as sales rose 4.4% from a year earlier, overcoming an early-year collapse triggered by the coronavirus shutdown. ( read original story …)
Is Fortune Sun (China) Holdings (HKG:352) In A Good Position To Invest In Growth?
So, the natural question for Fortune Sun (China) Holdings (HKG:352) shareholders is whether they should be concerned by its rate of cash burn. In this article, we define cash burn as its annual … (…
China auto sales mark first gain in almost two years as virus curbs ease
China’s monthly auto sales rose for the first time in almost two years in April, industry data showed, as more customers visited showrooms after the economy began to open up and authorities loosened … (…
China auto sales up 4.4% in April, first rise in almost 2 years
China’s auto sales in April rose 4.4% from a year ago, industry data showed on Monday, marking the first uptick in business for the world’s biggest car market that has seen a prolonged slump of…
China Film Stocks Jump After Shuttered Cinemas Allowed to Reopen
Chinese stocks linked to movies rallied after the government allowed reopening cinema halls that have been shut for almost four months in the fight to contain the coronavirus outbreak. ( read original story …)
