Once seen as a dream market with incredible potential, China has become a commercial nightmare for a long list of foreign brands. From tech giants and airlines to luxury fashion houses, key overseas …
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China’s massive stimulus misfire
Wall Street ate up China’s newest plan to jump-start their economy. But Xi Jinping’s ideas won’t fix the country’s biggest problems.
China’s State-Owned Firms’ Profits Down 2.1% Y/y for Jan-Aug
SHANGHAI (Reuters) – China’s state-owned firms’ profits were down 2.1% year for January to August from the same period last year, the Ministry of Finance said in a statement on its website on Sunday.
China’s first sustainable lifestyle mall the latest move in dramatic green transition
In the HAI550 mall in Shanghai, most of the clothes are produced by small local brands using materials such as old plastic bottles and used bicycle tubes …
New tech at digital trade expo signals China’s foreign trade momentum
The third Global Digital Trade Expo, currently unfolding in Hangzhou, capital of east China’s Zhejiang Province, is offering a glimpse into avant-garde technologies that are unlocking the country’s …
Should You Sell Nvidia; Buy China? That’s What This Billionaire Investor Is Doing
Tepper’s fund dumped 3.73 million shares of Nvidia, or roughly $450 million worth of the top artificial intelligence (AI) stock, in Q2. That wasn’t quite all of Appaloosa’s stake. But it was more than …
WWD China Hosts 60 X 60 Designers and Muses Gala in Shanghai
The gala runway show included 60 Chinese designers and is a part of the 2024 edition of the World Design Cities Conference in Shanghai.
Bitcoin targets $70K as stablecoin inflows and China stimulus boost rally
Bitcoin has surpassed $65,000, driven by stablecoin inflows and Chinese stimulus, with a $70,000 price target in the next two weeks.
China Lost a Brand New Nuclear Attack Submarine: We Want to Know Why
China’s ambitions to challenge U.S. naval supremacy suffered a major setback when its newest nuclear-powered attack submarine sank during construction earlier this year. U.S. defense officials …
China starts import of dried sea cucumber from Kenya
CHANGSHA, Sept. 28 (Xinhua) — A batch of Kenyan dried sea cucumbers, weighing 300 kg, were transported to Changsha Huanghua International Airport in central China’s Hunan Province, marking the first …
Tesla Shanghai plant exports 1 million made-in-China vehicles in less than 4 years
US electric vehicle maker Tesla announced on Saturday that it has shipped its one millionth made-in-China vehicle from its Shanghai plant. Experts say the milestone reflects China’s strong and complete industrial supply chains.
IPOs: India First, US Second, China Third
India topped the APAC region with 227 transactions in the first eight months of CY24. The US was second with 133 deals while China ranked third with 69 transactions.
China expert warns Xi is on the verge of doing something ‘horrendous’ after ICBM launch
Gordon Chang, senior fellow at the Gatestone Institute and author of ‘Plan Red: China’s Project to Destroy America,’ joined FOX Business’ “Mornings with Maria” on Thursday to discuss the U.S.
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