Chinese exports exceeded market expectations in August, rising at a faster clip despite the impact of punitive tariffs.
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China’s Export Surge: Navigating Tariffs and Domestic Challenges
China’s exports saw their fastest growth in nearly 1.5 years, as manufacturers sped up shipments ahead of anticipated tariffs. Despite high export figures, weak domestic demand hindered imports, …
China’s Exports Beat Estimates in Rare Bright Spot for Economy
China’s exports unexpectedly picked up in August, providing a rare boost for an economy weighed down by deflationary pressures, though this has stoked tensions with trade partners.
US bill to restrict business with China’s WuXi AppTec, BGI passes House
The U.S. House of Representatives on Monday passed a bill that aims to restrict business with China’s WuXi AppTec, BGI and several other biotech companies on national security grounds. It was the …
China’s US$40 billion skincare market thrives as consumers turn to value-for-money brands
Local brands dominate skincare sales in China as consumers switch to value-for-money names from luxury icons Last May, media communications professional Stephanie Sam spent 4,000 yuan (US$562) on …
Samsung SDI to sell polarizing film business to Chinese firm for $836 million
South Korean battery maker Samsung SDI said on Tuesday it had decided to sell its polarizing film business to China’s Wuxi Hengxin Optoelectronic Materials for 1.12 trillion won ($836.47 million).
How can China make EVs that sell for less than $20,000?
China’s EV market is ahead of global competition, but how much of it has been due to unfair labor or preferential subsidiary treatment?
Barclays: Luxury Summer Sales Declined Up to 50% in China
Barclays believes that the weakness in China could be structural rather than cyclical and expects flattish growth in 2025.
Tesla posts 2024 high in China car sales last month, but is still losing share to rivals like BYD
Elon Musk claims a report that says Tesla’s market share is declining in China is ‘silly’ as he runs factory at full steam.
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.