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Dubai Automaker to Pump Cash Into China Evergrande's EV Business
Business

Dubai Automaker to Pump Cash Into China Evergrande's EV Business

The Chinese property developer’s fledgling auto unit said NWTN’s $500 million investment would help it meet imminent funding needs. Source link

China Slashes Rates, Suspends Youth Jobless Data as Economy Signals Sharper Downturn
Business

China Slashes Rates, Suspends Youth Jobless Data as Economy Signals Sharper Downturn

Updated Aug. 15, 2023 12:53 am ET Listen to article (1 minute) SINGAPORE—Chinese officials said they would stop reporting the country’s youth unemployment rate after

China's Worsening Economy Is Hurting Corporate America
Business

China's Worsening Economy Is Hurting Corporate America

Caterpillar and DuPont are among the big companies that are lowering their expectations for a postpandemic boom. Source link

Biden's First Camp David Summit Looks to Align Allies Facing China Threat
Business

Biden's First Camp David Summit Looks to Align Allies Facing China Threat

The leaders of U.S., Japan and South Korea are set to meet and agree on annual military exercises. Source link

A DuPont China Deal Reveals Cracks in U.S. National-Security Screening
Business

A DuPont China Deal Reveals Cracks in U.S. National-Security Screening

Listen to article (2 minutes) WASHINGTON—U.S. officials forged an uneasy compromise to let DuPont sell its sustainable-materials business last year to a Chinese company while

This Antidote for TikTok Brain Is Also a Problem
Business

This Antidote for TikTok Brain Is Also a Problem

YouTube Shorts adds “short bursts of thrills” to kids’ digital diets, making it harder to pull away. Source link

How U.S. and China Are Breaking Up, in Charts
Business

How U.S. and China Are Breaking Up, in Charts

Listen to article (2 minutes) A deepening confrontation between the U.S. and China is eroding trade ties between the world’s two largest economies, with goods

Sputtering Trade Fuels Fears for a Connected World
Business

Sputtering Trade Fuels Fears for a Connected World

Cyclical factors are weighing on commerce, but the specter of global economic divisions lurks in the background. Source link