Consumers with real spending power still have a strong demand for products that are high-end, experiential and relatively niche,’ analyst says A bestselling pair of Lululemon yoga pants costs nearly 1 …
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China still controls 55% of Bitcoin hashrate despite crypto ban
China’s surprising dominance over the network comes despite … mainland users have found ways to access the crypto market, leading to money laundering risks. The new amended regulations aim to impose …
BofA downgrades luxury brands amid slowing demand in China
Bank of America is out with bearish calls on luxury brands, downgrading Louis Vuitton’s parent company … Madison Mills report more on the calls as the luxury market slows in China. For more expert …
U.S. Taxpayers Are Financing Genocide Through China’s Gotion | Opinion
G otion Inc., a U.S. subsidiary of China’s Gotion High-tech Co. Ltd., wants to operate electric vehicle battery plants in the Village of Manteno, Illinois and Green Charter Townsh …
U.S. Taxpayers Are Financing Genocide Through China’s Gotion | Opinion
G otion Inc., a U.S. subsidiary of China’s Gotion High-tech Co. Ltd., wants to operate electric vehicle battery plants in the Village of Manteno, Illinois and Green Charter Townsh …
Electronics manufacturers hope for stricter tariffs on China, return of Donald Trump
Some are privately hoping for a return of Donald Trump in the White House for his campaign promise to bring exempted goods like laptops and smartphones on the list of items that now attract 25%…
China Tightens Export Rules On Nuclear, Biotech And Missile Technologies To Bolster National Security Amid Global Tensions
China is implementing stricter export controls on items with both military and civilian applications. What Happened: The new regulation, approved by the State Council last week, aims to safeguard …
China Tightens Export Rules On Nuclear, Biotech And Missile Technologies To Bolster National Security Amid Global Tensions
China is implementing stricter export controls on items with both military and civilian applications. What Happened: The new regulation, approved by the State Council last week, aims to safeguard …
Chinese EV maker Xpeng adds Qatar to export list amid price war at home
Firm is one of several stepping up international expansion efforts as ferocious domestic competition continues to ravage profit margins.
US moves to block all Chinese auto imports through software crackdown
The Biden administration proposed new rules blocking the “sale or import” of connected vehicle software originating from “countries of concern,” a move that would effectively ban all auto imports in …
China’s worsening relationship with US businesses could put AI’s chip supply on shaky ground
In today’s big story, China isn’t proving to be the economic promised land US companies once hoped for. What’s on deck: But first, I think it’s time to leave. If this was forwarded to you,…
Walmart bets on its international business to drive growth as it expands in China, Mexico
America’s biggest retailer, is doubling down on its ambition to be a global behemoth. “International is one of the better stories going on at Walmart, and it’s not fully appreciated,” CFO John David …
China auto association flags concern over dealership losses to government
Car dealers incurred combined losses of 138 billion yuan ($19.55 billion) in the first eight months of the year as they were forced to sell new cars at sizable discounts, the China Automobile Dealers …