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Chinese E-Commerce Giants Pivot to Selling Inexpensive Goods
Alibaba’s and JD.com’s quarterly results exceeded expectations after they focused on offering discounted goods in an uncertain economic environment. Source link
Chinese Exports Fall at Steepest Pace Since February 2020
Slide in outbound shipments reflects China’s fraying trade ties with the Western world, even as exports to Russia boom. Source link
Chinese Consumers Pinch Pennies on Staples as Pandemic Habits Linger
The average selling prices of toothbrushes, infant formula and makeup are declining as businesses adapt to circumstances. Source link
U.S. corporate earnings ahead, Chinese GDP underwhelms
© Reuters. Investing.com — Investors prepare for a raft of fresh corporate earnings this week that will include some of the largest U.S. banks and
European stock futures slip after underwhelming Chinese growth data By Investing.com
© Reuters. Investing.com – European stock markets are expected to open lower Monday after the release of underwhelming Chinese growth data, while the second-quarter earnings
Asian stocks muted, Chinese shares slide on weak GDP By Investing.com
© Reuters Investing.com — Most Asian stocks moved in a flat-to-low range on Monday, while Chinese markets fell sharply after data showed that economic growth
Chinese economic growth slows in Q2 as recovery falters By Investing.com
© Reuters. Investing.com– China’s economy grew slightly more than expected in the second quarter of 2023, but growth still slowed substantially from the prior quarter
US climate envoy Kerry arrives for talks with Chinese counterpart By Reuters
© Reuters. FILE PHOTO: U.S. Special Presidential Envoy for Climate John Kerry testifies before a House Foreign Affairs Oversight and Accountability Subcommittee hearing on the
Chinese Oil Demand Doesn't Make Sense
China’s economy is having a rough summer, but the country is churning out record amounts of diesel and importing vast amounts of crude oil. Source
Chinese hackers breached US Commerce chief’s emails; Blinken warns Chinese counterpart By Reuters
© Reuters. FILE PHOTO: U.S. Secretary of State Antony Blinken holds a press conference in Beijing American Center at the U.S. Embassy, in Beijing, China,