For the first time in more than two decades, Mexico last year surpassed China as the leading source of goods imported by the United States …
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McDonald’s seeks to open 1,000 new stores in China by the end of the year as demand for fast food surges in the country amid economic troubles
McDonald’s will open 1,000 new outlets in China by the end of 2024. The expansion effort is part of its goal to have 10,000 stores in China by 2028.
US farm exports hit three-year low in 2023 as China slows buying -Braun
That volume was down 17% from 2022, the largest year-on-year tumble since 1985. Last year’s U.S. bulk commodity exports were still a 10-year low even when subtracting China’s portion, though the …
FirstFT: China replaces head of market regulator as it battles sell-off
Also in today’s newsletter, Netanyahu rejects ‘delusional’ Hamas terms for hostage deal and Alibaba puts IPO for its logistics arm on hold …
Two Cases Aim to Cut Off China and Iran From U.S. Technology
In one case, material stolen from a private company would help the development of technology to track ballistic and hypersonic missiles, U.S. officials said.
ASIA Charting China’s battle with deflation
China’s battle with deflation is symptomatic of the economy’s patchy rebound from the pandemic, imploding property sector, high debt and leverage across the economy, and slumping asset markets.
China Market Woes Not Over: Talk Is Cheap, But Urgent Action Is Needed
China’s economy faces deep structural problems, analyst says, but a broader financial crisis or economic recession is unlikely.
China’s new energy vehicle sales drop m/m for first time since Aug
China’s new energy vehicle sales fell 38.8 per cent versus the previous month, the first such drop since August 2023, industry data showed, as demand faltered in the world’s largest auto market …
Mexico overtakes China as the leading source of goods imported to U.S.
At the same time, the value of Chinese imports imports tumbled 20 percent to $427 billion. The last time that Mexican goods imported to the United States exceeded the value of China’s imports was in…
China dethroned as top source of US imports after 17 years, replaced by Mexico: census data
World’s second-largest economy also saw its share of American imports decline to 13.9 per cent in 2023, its lowest level in 20 years Total value of goods shipped from China to US fell by 20.3…
China’s stockmarket nightmare is nowhere near over
R unning China’s securities watchdog is a perilous job. A market rout can end your career, or worse. On February 7th, after weeks of stockmarket instability, Yi Huiman, the head …
‘Long and tedious journey’: companies sour on China outlook
Some of the world’s top food, drinks and tech companies have struck a sour tone about Chinese demand, deepening investor worries about damage to firms exposed to the country and Beijing’s ability to …
For First Time in Two Decades, U.S. Buys More From Mexico Than China
The United States bought more goods from Mexico than China in 2023 for the first time in 20 years, evidence of how much global trade patterns have shifted.
