Elon Musk claims a report that says Tesla’s market share is declining in China is ‘silly’ as he runs factory at full steam.
Tagged By business
China is shorting the US Dollar heavily
China based banks are holding over $100 billion in short positions against the US dollar, using foreign exchange swaps to stabilize the yuan.
Trump Warns of Fallout if BRICS Abandons the US Dollar – What This Means for Crypto-Friendly Countries
US presidential candidate Donald Trump threatens BRICS and countries that want to move away from the dollar with a 100% tariff.
Gucci-owner Kering slumps to seven-year low on China demand fears
FRENCH fashion designer Kering slumped to a seven-year low on worries about demand in China, with the Gucci brand owner among the worst-hit stocks in the recent luxury-sector sell-off. Read more at …
Gucci-Owner Kering Slumps to 2017 Low on China Demand Fears
French fashion designer Kering SA slumped to a seven-year low on worries about demand in China, with the Gucci brand owner among the worst-hit stocks in the recent luxury-sector selloff.
China’s ‘wolf warrior’ foreign minister who went missing reportedly demoted to low-level job
China’s ‘wolf warrior’ foreign minister who went missing reportedly demoted to low-level job – Qin Gang was removed as foreign minister last July after disappearing from public view for a month …
China poised to embed ‘Communist Party spies’ inside US firms — including Microsoft, critics warn
They can tell a [Chinese intelligence] agent, ‘This is the person you need to talk to. If you want to coerce them, here’s who they are,’” a House aide briefed on the law told The…
Missing Chinese financier Bao Fan’s China Renaissance tumbles after 17-month suspension
China Renaissance Holdings shares tumbled in Hong Kong as the stock resumed trading after 17 months of suspension.
Spanish prime minister visits China to shore up trade and cultural ties during EV tariff spat
Spanish Prime Minister Pedro Sánchez has met with Chinese President Xi Jinping and other top officials during his second trip to China in a year and a half that comes during a spat over electric…
Two retail analysts travelled to China and came back with three downgrades
Barclays analysts downgraded Adidas, Burberry and Gucci owner Kering following a two-and-half week trip to China in which they grew more cautious on the world’s number-two economy.
China’s Exports Likely Slowed Further in August as Trade Tensions Mount: Reuters Poll
South Korea, a leading index for China’s tech imports, saw exports to China rise at a slower pace in August, after it soared to a 21-month high in July. The likely downbeat August data adds…
Morning Bid: China still busy exporting disinflation
A look at the day ahead in European and global markets from Wayne Cole It’s been a down day for Asia as it catches up with the post-payrolls fallout on Wall Street, with the Nikkei…
Japan’s Companies Sour on China After Years of Brushing Off Risk
Japanese companies are increasingly abandoning an approach to business in China that once seemed immune to politics, a stark shift after years when they were the biggest single investors in their …
