China looks south as it seeks to reduce reliance on a capricious United StatesChina's vice-premier Ding Xuexiang emphasizes stronger policy support for economic growth and partnership with global south countries amid rising US tariffs.
EV-maker BYD seeks to raise $5.2 billion with share saleBYD aims to raise up to $5.2 billion through a Hong Kong share sale to fund growth initiatives.
Rivian and Lucid Face Falling Cash and Sales, According to AnalysisSmall American EV makers face increasing challenges with cash flow and sales, worsened by potentially unfriendly government policies and competition from Chinese companies.
EV-maker BYD seeks to raise $5.2 billion with share saleBYD aims to raise up to $5.2 billion through a Hong Kong share sale to fund growth initiatives.
Rivian and Lucid Face Falling Cash and Sales, According to AnalysisSmall American EV makers face increasing challenges with cash flow and sales, worsened by potentially unfriendly government policies and competition from Chinese companies.
Jack Ma, Alibaba and Ant Group founder, joined Chinese tech leaders in a meeting with Xi Jinping. Here's how he amassed a huge fortune.Jack Ma's resilience has led him from poverty to stardom in the tech industry, despite facing significant challenges and scrutiny.
China's Central Bank Stops Buying Bonds as Deflation Fears Grip EconomyThe Chinese central bank's halt on bond purchases signals stagnation, aiming to adjust the declining interest rates amidst low inflation.
What should multinationals do to win the digital race?Chinese MNEs are crucial in global business, with a strong focus on digital strategies vital for expanding international sales.
China's millionaires eye the exit as economic storm clouds gatherChinese millionaires are increasingly moving their wealth and business interests abroad due to concerns about the local economy and healthcare system.
What is neijuan, and why is China worried about it?The concept of 'neijuan' illustrates the sense of stagnation and lack of progress among China's youth due to slowing economic growth.
Crude oil under pressure as market eyes Chinese demand - London Business News | Londonlovesbusiness.comCrude oil futures are pressured by worries about Chinese demand and U.S. interest rates.The market is cautious amid disappointing economic data from China.Anticipation of a U.S. Federal Reserve interest rate cut influences investor sentiment.
The Chinese economy is faltering - and that means more trade tensionsChina's economy is slowing, missing growth targets due to declining industrial output and retail sales, with officials reluctant to implement necessary stimulus measures.
China retail growth slows, agency calls for 2025 support DW 12/16/2024China's retail sales growth slowed to 3.3% in November, despite stimulus efforts, raising economic concerns.
The Chinese economy is faltering - and that means more trade tensionsChina's economy is slowing, missing growth targets due to declining industrial output and retail sales, with officials reluctant to implement necessary stimulus measures.
China retail growth slows, agency calls for 2025 support DW 12/16/2024China's retail sales growth slowed to 3.3% in November, despite stimulus efforts, raising economic concerns.
Baidu's 3rd-quarter revenue falls 3% as economic woes hit ad spendingBaidu's revenue decline highlights the impact of a weak economy on online advertising despite advancements in AI technology.
China's Micro-blogging Platform Weibo Q2 Earnings: Revenue And Profit Beat, Ad Revenue Drops, Daily Active Users Fall Marginally - Weibo (NASDAQ:WB)Weibo's revenue declined 1% but surpassed analyst expectations, driven by improved user engagement and operational efficiency.
Baidu's 3rd-quarter revenue falls 3% as economic woes hit ad spendingBaidu's revenue decline highlights the impact of a weak economy on online advertising despite advancements in AI technology.
China's Micro-blogging Platform Weibo Q2 Earnings: Revenue And Profit Beat, Ad Revenue Drops, Daily Active Users Fall Marginally - Weibo (NASDAQ:WB)Weibo's revenue declined 1% but surpassed analyst expectations, driven by improved user engagement and operational efficiency.
Crude prices decline in the face of oversupply and demand concerns - London Business News | Londonlovesbusiness.comGeopolitical tensions are overshadowed by rising supply prospects from OPEC+ and concerns over demand, particularly from China.OPEC+'s potential production cuts phase-out could increase pressure on oil prices despite geopolitical issues.
Oil tries to consolidate today amid mixed signals on the future of the Chinese economy after Trump's return - London Business News | Londonlovesbusiness.comCrude oil prices exhibit consolidation after several losses, reflecting mixed signals about demand growth and economic conditions.OPEC has lowered its forecast for Chinese crude demand, signaling uncertainty in the global oil market.
Oil continues to decline to more lows in three months as OPEC moves to phase out of production cuts - London Business News | Londonlovesbusiness.comOil prices declined by 0.2% despite OPEC+ extending production cuts, with market looking for bullish incentives and supply reductions to drive prices.
Crude prices decline in the face of oversupply and demand concerns - London Business News | Londonlovesbusiness.comGeopolitical tensions are overshadowed by rising supply prospects from OPEC+ and concerns over demand, particularly from China.OPEC+'s potential production cuts phase-out could increase pressure on oil prices despite geopolitical issues.
Oil tries to consolidate today amid mixed signals on the future of the Chinese economy after Trump's return - London Business News | Londonlovesbusiness.comCrude oil prices exhibit consolidation after several losses, reflecting mixed signals about demand growth and economic conditions.OPEC has lowered its forecast for Chinese crude demand, signaling uncertainty in the global oil market.
Oil continues to decline to more lows in three months as OPEC moves to phase out of production cuts - London Business News | Londonlovesbusiness.comOil prices declined by 0.2% despite OPEC+ extending production cuts, with market looking for bullish incentives and supply reductions to drive prices.
Louis Vuitton owner LVMH reports surprise sales drop amid China slowdownLVMH's unexpected third-quarter sales drop reflects challenges in the luxury goods market, particularly related to China's economic slowdown.
Chinese stocks suffer worst fall in 27 years over growth concernsChinese stocks experienced their worst fall in 27 years due to disappointing economic stimulus announcements.
5 titans of French luxury grew $50 billion richer in a week - and are now worth more than CostcoChina's stimulus plans added $50 billion to the wealth of five luxury brand magnates, highlighting rising consumer optimism.
Longtime China bull Ray Dalio says Beijing now has to chose between 'beautiful deleveraging' and economic malaiseChinese equities are experiencing significant growth due to recent government stimulus aimed at reviving the economy and stabilizing the property market.
China's beleaguered real estate shares jump almost 10% after Beijing makes its 'strongest housing pledge to date'Chinese stock market experiences a remarkable rally due to government measures supporting the economy and stabilizing the real estate sector.
Chinese stocks suffer worst fall in 27 years over growth concernsChinese stocks experienced their worst fall in 27 years due to disappointing economic stimulus announcements.
5 titans of French luxury grew $50 billion richer in a week - and are now worth more than CostcoChina's stimulus plans added $50 billion to the wealth of five luxury brand magnates, highlighting rising consumer optimism.
Longtime China bull Ray Dalio says Beijing now has to chose between 'beautiful deleveraging' and economic malaiseChinese equities are experiencing significant growth due to recent government stimulus aimed at reviving the economy and stabilizing the property market.
China's beleaguered real estate shares jump almost 10% after Beijing makes its 'strongest housing pledge to date'Chinese stock market experiences a remarkable rally due to government measures supporting the economy and stabilizing the real estate sector.
China property stocks surge to highest levels in a year as stimulus rally continuesChinese property stocks surged as stimulus measures take effect, though reviving market demand remains challenging.
China: Key Communist Party meets amid economic slump DW 07/15/2024China's economic growth is lower than expected at 4.7% in the second quarter, prompting discussions and plans for major reforms.
China: Communist Party meets amid economic slump DW 07/15/2024Key Chinese officials meet after lower-than-expected growth, planning major reforms without details.
China property stocks surge to highest levels in a year as stimulus rally continuesChinese property stocks surged as stimulus measures take effect, though reviving market demand remains challenging.
China: Key Communist Party meets amid economic slump DW 07/15/2024China's economic growth is lower than expected at 4.7% in the second quarter, prompting discussions and plans for major reforms.
China: Communist Party meets amid economic slump DW 07/15/2024Key Chinese officials meet after lower-than-expected growth, planning major reforms without details.
Britain's Rightmove rejects 6.1bn offer from Murdoch's REA; Chinese stocks extend rally business liveThe dollar's decline is influenced by Chinese monetary stimulus boosting emerging market currencies.Rightmove rejected a £6.1bn takeover offer, claiming it undervalued the company.
Temu's woes are fresh signs of the doom loop headed for China's economyChina's economic trouble signals a potential doom loop due to overproduction and intense competition, exacerbated by government policies.
Temu parent tops Tesla with biggest cash pile of any public company that doesn't pay investorsPDD Holdings holds the largest net cash position among non-dividend paying public companies, totaling $38 billion.The company faces competition pressures, leading to weak quarterly earnings and a significant stock price drop.
Temu's woes are fresh signs of the doom loop headed for China's economyChina's economic trouble signals a potential doom loop due to overproduction and intense competition, exacerbated by government policies.
Temu parent tops Tesla with biggest cash pile of any public company that doesn't pay investorsPDD Holdings holds the largest net cash position among non-dividend paying public companies, totaling $38 billion.The company faces competition pressures, leading to weak quarterly earnings and a significant stock price drop.
FTSE dips again amid concerns over China slowdown and weak luxury stocksLondon stocks edged lower due to concerns over Chinese economic growth and luxury sector weakness.
Crude oil falls after weak Chinese growth - London Business News | Londonlovesbusiness.comWeak Chinese data influences global crude oil prices.
Housing, once the ticket to wealth in China, is now draining fortunesProlonged property sector slump in China causing financial insecurity among middle class.
China's economic growth slows amid weak retail spendingPressure on Beijing to address weak consumer confidence affecting Chinese economic growth.
China new home prices fall at fastest rate in nearly 10 years; French political uncertainty weighs on markets business liveChinese new home prices fell significantly, impacting market sentiment.