Latest in Weak China retail sales add to pressure on Beijing to lift economy
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China's November retail sales miss expectations as real estate slump deepens
The latest economic data out of China underscores lingering doubts about consumer spending.CNBC - 3h -
Weak China retail sales add to pressure on Beijing to lift economy
Consumption rises less than forecast in November, highlighting why leadership made it the top economic concernFinancial Times - 5h -
Australia lowers tax revenue forecast on weak Chinese economy
Treasury cuts $5.4bn from budget estimates over next four years, citing ‘significant impact’ of softer commodities demandFinancial Times - 8h -
How U.S. Firms Battled a Government Crackdown to Keep Tech Sales to China
An intense struggle has unfolded in Washington between companies and officials over where to draw the line on selling technology to China.The New York Times - 3d -
China's Instagram-like Xiaohongshu making inroads with e-commerce sales
Since Tera Feng started documenting her enviable Shanghai lifestyle, including visits to art galleries and fashion events on Chinese social media eight years ago, she has built up a following of ...Yahoo Sports - 4h -
UK minister defends talks with Beijing despite China spy claims
Home secretary says Britain will take robust approach to any challenge to national or economic securityFinancial Times - 18h -
China signals it's prepared to double down on support for the economy as Trump tariffs loom
Chinese leaders met this week to plot economic policy for the coming year and sketched out plans to raise government spending and relax Beijing's monetary policyABC News - 2d -
How U.S. Firms Battled a Government Crackdown to Keep Tech Sales to China
An intense struggle has unfolded in Washington between companies and officials over where to draw the line on selling technology to China.The New York Times - 3d -
China bond yields hit record low after Beijing vows ‘vigorous’ effort to boost consumption
Xi Jinping and other top Communist party figures signal increased borrowing to boost economyFinancial Times - 3d -
Here are the retailers shuttering thousands of stores in 2024
Some major retailers are struggling to attract customers, leading to more than 7,100 store closures in 2024 — a 69% jump from a year ago.CBS News - 3d -
China Moves to Trump-Proof Its Economy
Leaders promised more government support for China’s struggling economy next year as they brace for another big showdown over trade.The Wall Street Journal - 3d -
China Pledges More Stimulus to Shore Up Flagging Economy
At a meeting to set the party’s economic policy agenda, China’s leadership said it would borrow more and cut interest rates in a bid to bolster growth.The New York Times - 3d -
China ends planning meeting with vows to stabilize its economy, but gives no details on stimulus
Chinese leaders have wrapped up a two-day planning meeting in Beijing with pledges to take a more proactive approach in pepping up the economy, but gave no details on stimulus measuresABC News - 3d -
Philippines considers new UN case against Beijing over South China Sea activity
Manila hopes to enlist other countries to add to pressure on ChinaFinancial Times - 4d -
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China Evergrande liquidators put founder’s private jet up for sale
Airbus plane was one of several markers of wealth amassed by Hui Ka Yan during now-collapsed developer’s boom yearsFinancial Times - 6d -
Oil prices end higher, lifted by fall of Syria’s Assad and China’s stimulus plans
Oil futures finished higher on Monday after China eased its overall monetary-policy stance for the first time in 14 years, as the nation’s Politburo vowed more forceful measures to boost the ...MarketWatch - 6d -
China Auto Sales Sustain Momentum on Subsidies, Campaigns
The Chinese auto market extended its strong momentum, helped by the government’s trade-in policy.The Wall Street Journal - Dec. 9 -
China consumer inflation rate drops to a five-month low, missing expectations as economy slows
China's consumer prices rose less-than-expected in November, climbing 0.2% from a year ago, according to data from the National Bureau of Statistics released Monday.CNBC - Dec. 9 -
Returns are an $890 billion problem for retailers
Holiday shopping is expected to reach record levels this year.NBC News - Dec. 8 -
Retail returns: An $890 billion problem
As shopping reaches a peak in the weeks ahead, retailers expect their return rate for the holidays to be 17% higher, on average, than the annual rate.CNBC - Dec. 7 -
China’s Export Ban on Strategic Minerals Could Hit Tech, Wider Economy
Beijing’s curbs on crucial minerals such as gallium, germanium and antimony needed for computer chip and electronics manufacturing could wreak havoc on supply chains.Inc. - Dec. 6 -
Liverpool players are used to pressure - Slot
Arne Slot says his Liverpool players are used to the pressure of having to win as they seek to maintain their advantage at the top of the Premier League.BBC News - Dec. 6 -
China's ban on key high-tech materials could have broad impact on industries, economy
China has banned exports of key materials used for a wide range of products, including smartphones, electric vehicles, radar systems and CT scanners, swiping back at Washington after it expanded ...ABC News - Dec. 6 -
Collapse of France’s Government Further Burdens Its Weak Economy
Already struggling with flat growth and a large debt and deficit, the country faces a new period of instability without a functioning government or a budget.The New York Times - Dec. 5 -
China sanctions US defense firms over Taiwan arms sales
China on Thursday sanctioned 13 U.S. defense firms over arms sales to the self-governing island nation of Taiwan. The companies targeted by China are smaller defense tech firms that have worked on ...The Hill - Dec. 5 -
Indonesia arrests a Chinese man wanted by Beijing over money laundering charges
Indonesian authorities have arrested a Chinese man sought by Beijing for allegedly helping transfer and laundering almost $18 million from a criminal online gambling group in ChinaABC News - Dec. 5 -
Italy’s slowing economy raises pressure on Meloni
Statistics agency halves GDP growth for 2024 as parliament adopts first part of next year’s budgetFinancial Times - Dec. 5 -
Beijing Has Picked Off Taiwan's Remaining Allies. Taiwan Is Fighting Back.
President Lai Ching-te talked to House Speaker Mike Johnson in Guam while en route to Palau, the last of Taiwan’s three Pacific-nation allies.The Wall Street Journal - Dec. 5 -
Chinese online retailer Temu suspended in Vietnam
Chinese online retailer Temu has been told to suspend operations in Vietnam after it failed to meet an end-of-November deadline to register with the country's Ministry of Industry and TradeABC News - Dec. 5 -
Far from a bazooka, China's stimulus measures are just trickling through the economy
China's latest efforts to kickstart growth will take time to play out, data and company earnings show.CNBC - Dec. 4 -
American Eagle Shares Plunge After Retailer Cuts Sales Outlook
Shares of the apparel retailer fell 12% after the company forecast a steeper-than-expected decline in sales for the holiday quarter.The Wall Street Journal - Dec. 4 -
Hormel’s stock slumps as sales are still being hurt by weak turkey prices
Hormel was impacted by lower prices for whole-bird turkeys this year, as well as a production interruption at a Planters facility in Virginia.MarketWatch - Dec. 4 -
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Weak Australian economic growth hits dollar
Public spending offsets subdued consumer demand in ‘two-speed’ economyFinancial Times - Dec. 4 -
Children’s Place profit nearly halves as troubled retailer’s turnaround efforts dampen sales
Troubled retailer is moving away from unprofitable sales and offers of free shipping.MarketWatch - Dec. 3 -
Tesla's China Sales Fall as Competition Heats Up
The U.S. electric-vehicle maker’s China-made car sales fell 4.3% in November.The Wall Street Journal - Dec. 3 -
China's AI balancing act — beating the U.S. but keeping the tech from threatening Beijing's rule
Prominent AI scientist Max Tegmark said the narrative of a geopolitical battle between the U.S. and China racing to build the smartest AI is a "suicide race."CNBC - Dec. 3 -
Kittle identifies 49ers' two biggest weaknesses this season
49ers tight end George Kittle revealed San Francisco's two biggest weaknesses during the team's rocky 2024 NFL season.Yahoo Sports - Dec. 2
