Bottom line: Apple's Tim Cook and other big global CEOs active in China will need to walk a fine line to avoid being forced to take sides in ongoing US-China trade frictions. Apple (Nasdaq: AAPL) CEO Tim Cook was in China once again this past weekend, in what seems to be becoming ...
The trend continued in the first half of this year, with the benchmark CSI Liquor Index surging as much as 5.7% and closing at a record high of 21,000 on Feb. 10, a day before the Lunar New Year holiday. However, the index tumbled following the festivities to a low of...
(Beijing) — China’s manufacturing sector shrank at the fastest pace in three years in February, underscoring increasing pressures on the world’s second largest economy in the face of a global slowdown and a damaging trade war with the United States. The official reading of China’s official...
The carry trade drove the property bubble in Southeast Asia before 1997. The rising U.S. interest rate triggered its collapse. China is under the influence of the same force but on a much larger scale. The Fed's massive quantitative easing has driven up China's money supply, partly through...
jumping almost 20% as investor confidence has been bolstered by signs that the U.S.-China trade war is deescalating and by the prospect of supportive domestic policies. In a reflection of the euphoria, the combined trading volume on the Shanghai and Shenzhen exchanges exceeded ...
Some stocks were temporarily halted after surging from their opening prices on Monday. Tansun Technology Co. shares were paused after jumping 60% from the opening price, while Academy of Environment Planning and Design Co. and Yangling Metron New Material Inc. triggered a similar ...
Trade group China Passenger Car Association predicts that Tesla will sell as many as 280,000 vehicles in the country next year. While that represents impressive growth over 2020, it would still leave more than 80% of the market up for grabs. PCA predicts total sales of 1.7 mi...