China

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China’s tourists are traveling again but they are spending less than before COVID as economic worries keep their wallets shut
Finance

China’s tourists are traveling again but they are spending less than before COVID as economic worries keep their wallets shut

By
May 7, 2024
Sen. Joe Manchin speaking in Congress
Politics

Joe Manchin and mining officials slam EV tax credit rule change, calling it a “blank check” to China

By
May 6, 2024
Chinese President Xi Jinping applauds
Politics

Chinese President Xi Jinping begins charm offensive in Europe amid growing uncertainty about future U.S. support for allies

By
May 5, 2024
Tim Cook in front of Apple store
Tech

Apple’s China sales tell a different story than what analysts have heard for months. Where is the disconnect?

By
May 3, 2024
Apple reports a surprise jump in iPhone sales in competitive China and analysts don’t know how after months of data showed a major slump
Tech

Apple reports a surprise jump in iPhone sales in competitive China and analysts don’t know how after months of data showed a major slump

By Vlad Savov and Bloomberg
May 3, 2024
Ren Zhengfei
Finance

Blacklisted Chinese tech giant is covertly funding scientific research at U.S. universities through a nonprofit

By Kate O'Keeffe and Bloomberg
May 3, 2024
Analysts have long complained about fuzzy statistics from China. A proposed new statistics law shows Beijing is worried too
Leadership

Analysts have long complained about fuzzy statistics from China. A proposed new statistics law shows Beijing is worried too

By
May 2, 2024
John Waldron, the president and COO of Goldman Sachs, believes the country’s lack of control over it’s debt could risk a Truss-style economic crisis, he said at Semafor’s World Economic Summit on April 18.
Finance

The $34 trillion U.S. debt is nearly as big as the economy and there’s (still) no plan to fix it

By
May 1, 2024
Oliver Blume, chief executive officer of Volkswagen AG, beside an ID.CODE concept car, right, at the Volkswagen AG media event in Beijing, China, on Wednesday, April 24, 2024. Volkswagen will start sales of a new electric-vehicle brand in China kitted out with gadgets like an in-car avatar to help win back young buyers it has lost to the likes of BYD Co.
Tech

Volkswagen, Mercedes, and Stellantis shed $13 billion in value as Tesla’s China breakthrough leaves Europe’s carmakers in the cold

By
April 30, 2024
Geopolitics and U.S. rules push chip firms to decouple from mainland China, with one major Taiwanese testing company ditching the market entirely
Tech

Geopolitics and U.S. rules push chip firms to decouple from mainland China, with one major Taiwanese testing company ditching the market entirely

By
April 30, 2024
HSBC CEO Noel Quinn, who pivoted Europe’s largest bank back towards Asia, unexpectedly steps down
Finance

HSBC CEO Noel Quinn, who pivoted Europe’s largest bank back towards Asia, unexpectedly steps down

By Harry Wilson, Ambereen Choudhury and Bloomberg
April 30, 2024
Tesla
Tech

Tesla gains roughly $82 billion on 15% stock surge as top analyst sees ‘home run’ deal for Elon Musk in China

By Nick Lichtenberg and The Associated Press
April 29, 2024
Tesla CEO Elon Musk
Tech

Elon Musk says any company that isn’t spending $10 billion on AI this year like Tesla won’t be able to compete

By
April 29, 2024
TikTok CEO Shou Zi Chew.
Tech

TikTok’s effort to wall off U.S. user data only focused on the ‘front door’ while leaving the back door wide open, former employees say

By
April 29, 2024
Roy Jakobs, chief executive officer of Royal Philips NV
Retail

Philips shares jump resulting in a $28.9 billion valuation as the Dutch company agrees $1.1 billion legal settlement over sleep apnoea devices

By Cagan Koc and Bloomberg
April 29, 2024

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