Latest in China’s Deepening Slowdown Tests Xi’s Tolerance for Growth Miss
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Chinese economic slowdown deepens, official figures show
Gross domestic product rose by 4.6% on a yearly basis, below Beijing's "around 5%" annual target.Top stories - BBC News - October 18 -
Xi tightens stranglehold on China’s academia
Scholars fired or disappeared as Beijing clamps down on discussion of sensitive topics including economyWorld - Financial Times - October 23 -
China consumer slowdown weighs on U.S. earnings again
From Apple to Starbucks, U.S. consumer brands are reporting yet another quarter of China sales declines.Business - CNBC - 4 days ago -
Brunello Cucinelli Backs Growth Targets as Sales Defy Luxury Slowdown
The fashion concern said its performance improved in both its retail and wholesale channels, with increased revenue across all its markets, in particular in the Americas.Business - The Wall Street Journal - October 17 -
FirstFT: Harris calls on America to ‘turn the page’ on Trump
Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after resultsWorld - Financial Times - October 30 -
Behind Xi Jinping's Pivot on Broad China Stimulus
A bevy of bad news prompted action from the leader—but not a full U-turn.World - The Wall Street Journal - October 15 -
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Indonesia’s president seeks closer ties to Xi and China
First foreign trip in office signals Beijing’s importance for investment but will be followed by US visitWorld - Financial Times - 2 days ago -
Oil price slides amid China slowdown and easing Middle East fears
Brent crude slides by almost $3.50 a barrel to below $74 after Opec cuts forecasts for demand growth. Business live – latest updates Global oil prices have tumbled by almost $3.50 a barrel ...World - The Guardian - October 15 -
Luxury goods shares fall as China slowdown hits LVMH
Owner of Louis Vuitton and Dior brands reports 16% drop in third-quarter sales in Asia excluding JapanBusiness - Financial Times - October 16 -
Why Xi Jinping changed his mind on China’s fiscal stimulus
After resisting calls to intervene, Beijing has made a sudden U-turn. But will the package be enough to get the economy back on track?Business - Financial Times - October 22 -
A Modi-Xi Meeting Could Signal a Thaw Between India and China
A meeting between the two leaders comes just two days after they settled a tense border dispute in the Himalayas. But experts said their long-term geopolitical rivalry would persist.World - The New York Times - October 24 -
Xi Jinping’s meeting with Narendra Modi signals China-India thaw
Formal encounter at Brics summit is leaders’ first in five years and follows deal on patrols along disputed borderBusiness - Financial Times - October 23 -
With Pressures at Home and Abroad, China's Xi and India's Modi Thaw Ties
The two leaders held their first formal meeting in five years as they seek to ease tensions and focus on other geopolitical and economic challenges.World - The Wall Street Journal - October 23 -
Trump: China's Xi Jinping would handle Harris 'like a baby'
Former President Trump in a Thursday interview challenged Vice President Harris’s ability to oversee foreign relations with China if elected president. During an appearance on the conservative ...Politics - The Hill - October 24 -
A Xi Enforcer Is Revving Up China's Spy Machine---and Alarming the West
The intelligence agency accused of steering cyberattacks on the U.S. has grown more powerful with a trusted protégé of the Chinese leader at the helm.World - The Wall Street Journal - 21 hours ago -
Louis Vuitton owner LVMH reports surprise sales drop amid China slowdown
Shares in LVMH, which also owns Dior, Tiffany and Moët & Chandon, fell by as much as 7%, briefly hitting two-year low. Shares in luxury goods brands slumped after Louis Vuitton ’s LVMH reported an ...World - The Guardian - October 16 -
Meta misses on user growth, warns of 2025 jump in AI spending
Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.Business - CNBC - October 30 -
China’s economy grows 4.6% in third quarter
Lowest figure in year and a half comes as Beijing steps up stimulus effortsBusiness - Financial Times - October 18 -
Scotland's Graham to miss SA Test with concussion
Scotland winger Darcy Graham will miss Sunday's autumn Test with South Africa because of a concussion sustained during his four-try performance against Fiji.Top stories - BBC News - 4 days ago -
China tightens export controls for tech and goods with military use, ahead of Xi's trip to Russia
China unveiled a set of regulations on export control of goods and technologies that could be used for military purposes.Business - CNBC - October 21 -
China and Russia's 'profound' ties will not change despite 'turbulent' geopolitical landscape, Xi tells Putin
Putin called the partnership "one of the main stabilizing factors in the international arena."Business - CNBC - October 23 -
China and India should manage their differences, Xi tells Modi in first formal talks in 5 years
Chinese President Xi Jinping and Indian Prime Minister Narendra Modi agreed to boost cooperation between their countries and resolve conflicts to help improve ties.Top stories - NBC News - October 24 -
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As the West watches Xi-Putin meetings, China touts crackdown on military goods to Russia
Beijing has walked a diplomatic tightrope throughout the Russia-Ukraine war.Business - CNBC - October 25 -
China's space station gets new crew as Beijing advances Xi's "space dream"
A new crew of three Chinese astronauts, including the country's only woman spaceflight engineer, entered the Tiangong space station following an early morning launch into orbit.Top stories - CBS News - October 30 -
Behind the Mysterious Downfall of China's Missing Foreign Minister
A three-part podcast series digs into why Qin Gang vanished from view in June 2023.World - The Wall Street Journal - October 18 -
Chipotle misses revenue estimates as same-store sales growth disappoints
Chipotle's same-store sales rose 6% in the third quarter, just missing Wall Street's expectations.Business - CNBC - October 30 -
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China’s Lackluster Growth Continues, Signaling Why Beijing Acted on Economy
New data shows the challenges facing Chinese policymakers trying to stimulate an economy marked by falling prices, weak consumer spending and a housing market crash.Business - The New York Times - October 18 -
China reports third-quarter GDP growth of 4.6%, slightly beating expectations
Beijing has faced public scrutiny over its ability to meet its own annual growth target of "around 5%."Business - CNBC - October 18 -
Chinese Growth Comes in Cooler as Investors Pin Hopes on Stimulus
Wobbly data for the third quarter underscores challenges for Beijing policymakers seeking to boost economic activity.World - The Wall Street Journal - October 18 -
China cuts interest rates in battle to hit year-end growth target
Beijing steps up efforts to reboot economy amid mounting pressure to achieve goal of about 5% growthWorld - Financial Times - October 21 -
IMF warns on China's property market worsening as it cuts country's growth outlook
In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%, 0.2 percentage points lower than in its July projection.Business - CNBC - October 23