The value of some of the world’s best-known luxury companies is plunging as Chinese consumers pull back on spending, with even the most exclusive brands feeling the pain.
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Exclusive: China’s Iranian crude imports find new market in northeast
Imports of Iranian crude have been flowing into the port and refining city of Dalian since late last year, tanker tracking firms and trading sources said, helping sustain the country’s purchases of …
End of tax loophole risks dimming Shein’s IPO appeal, investors say
Moves by authorities in the European Union and elsewhere to end tax breaks for low-value parcels threaten Shein’s profitability and risk denting the fast fashion retailer’s long-term attractiveness …
China says Taiwanese working in the mainland ‘need not worry’ after it suggested a death penalty for ‘independence die-hards’
China sparked alarm in Taiwan after floating prison sentences, or even execution, for supporters of declaring independence.
Retiring at 50 has long been a guarantee for parts of China’s working class — until now
Women in China’s working class get to retire at 50 and collect pension checks, but the country is realizing it can’t sustain payments for long.
At Paris Olympics, Chinese manufacturers won big before the Games even started
Summer Games may be French, but much of the equipment and related accoutrements were made in China, owing to a lack of ‘comparable competitors’ in global manufacturing.
Chinese Officials Reportedly Urged American Execs To Carry China’s Water
Chinese officials called on a group of U.S. business executives to improve perceptions of China and warned that investment restrictions …
Fortune Brands Cuts Sales Outlook as China Sales Weigh
Fortune Brands Innovations cut its sales outlook as it faces weakness in China that is offsetting out-performance in other segments.
China poised to lead global auto market, S&P Global says
China is solidifying its position as a global automotive powerhouse, with BYD emerging for the first time as one of the top 10 manufacturers worldwide, according to S&P Global Mobility. An analysis of the impact…
China reveals $41bn price tag of plan to boost consumption
China disclosed for the first time it’s earmarking 300bn yuan ($41bn) for an initiative to give a makeover to the country’s stock of industrial and household equipment.As …
“Trump Drops Bombshell: ‘China’s Going to Have It’ – The Shocking Truth About His Crypto Stance Finally Revealed”
What’s Next? Trump’s New Crypto Crusade: After taking a jab at El Salvador, former President Donald Trump now has China in his crosshairs as the global crypto race heats up. With the 2024 presidential …
China Rules Solar Energy, but Its Industry at Home Is in Trouble
Compounding the problems facing China’s solar energy companies is the rapid disappearance of local subsidies. Local governments are running out of money as a housing crisis makes it hard for them to …
US firms get mixed signals in China on whether they’re welcome
American executives including Apple Inc. Chief Operating Officer Jeff Williams, Micron Technology Inc. President Sanjay Mehrotra and Goldman Sachs Group Inc. President John Waldron were part of a U.S.
