Latest in Backfire China
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Tariff hikes will backfire, and China can manage such 'external shocks,' a senior official says
A senior Chinese official says higher tariffs on Chinese exports will backfire by boosting prices paid by consumersWorld - ABC News - 5 days ago -
Browns' Wills: 'Business decision' to sit backfired
Browns left tackle Jedrick Wills Jr.'s "business decision" to sit out a recent game with a knee injury might have backfired and led to his benching in favor of Dawand Jones.Sports - ESPN - November 11 -
Plastic bag bans can sometimes backfire: Study
Policies aimed at curbing the use of single-use plastic bags have sometimes accomplished the opposite of their intentions, a new study has found. When two Texas cities prohibited stores from giving ...Politics - The Hill - November 18 -
Democrats' bet on a generation of liberal voters has backfired badly
Latino, black and younger voters once helped Obama win power - Trump made gains with all three groups this election. Why?Top stories - BBC News - November 10 -
Hume: 'Trump world' pressure to back Scott in leadership race 'likely to backfire'
Brit Hume, chief political analyst at Fox News, suggested Monday that the push from President-elect Trump's allies to elevate Sen. Rick Scott (R-Fla.) into GOP leadership may not go the way they ...Politics - The Hill - November 12 -
How Elon Musk’s and Vivek Ramaswamy’s Government-Slashing Spree Could Backfire
If they’re not careful, they could make the government’s efficiency problems worse.Top stories - The New York Times - November 18 -
Poshmark's new pricing change backfired, so the CEO did something rare—it's great leadership, says expert
Poshmark CEO Manish Chandra issued a public apology after a new policy was poorly received. Here's why it actually hit the mark, says leadership expert Talia Fox.Business - CNBC - October 28 -
World Series 2024: Dodgers' latest bullpen game backfires, but the team's best relief arms are ready for Game 5
The Yankees' offense came alive against the Dodgers' relievers, and the Dodgers' bats couldn't answer back in Game 4.Sports - Yahoo Sports - October 30 -
Saints fire head coach Dennis Allen: Why New Orleans' post-Sean Payton hire was always destined to backfire
Allen wasn't getting results on his own side of the ballSports - CBS Sports - November 4 -
Late interception helps No. 1 Oregon avoid upset at Wisconsin after late fake field goal backfires
The Ducks won 16-13 after attempting a fake with the lead inside the final two minutes.Sports - Yahoo Sports - November 17 -
Rutgers' attempt to ice kicker backfires as Illinois hits 40-yard game-winning TD on next play
Normally, icing the kicker is a sound strategy, but Illinois made Rutgers pay for an ill-timed timeoutSports - CBS Sports - 3 days ago -
Mixed news on China’s stimulus
And regional banks as a Trump tradeWorld - Financial Times - November 11 -
To China, Trump is ‘poison’
To the dismay of Chinese leaders who already had to deal with Trump for four years, they have not gotten the preferred outcome and are not looking forward to another term.Politics - The Hill - November 13 -
China’s economy braces for Trump
Will Beijing’s latest plans to fix the country’s economy be enough to keep up with President Xi Jinping’s long-term plans for growth?World - Financial Times - November 20 -
China delimits contested South China Sea shoal in dispute with Philippines
China has published baselines for a contested shoal in the South China Sea it had seized from the Philippines, a move that’s likely to increase tensions over overlapping territorial claimsWorld - ABC News - November 10 -
UK borrowing costs hit highest level this year as gilt sell-off intensifies
Bond markets unnerved by scale of extra borrowing in chancellor Rachel Reeves’ BudgetBusiness - Financial Times - October 31 -
Western consumer groups unconvinced by China’s economic stimulus efforts
Falling sales for luxury, beauty and beer companies fuel doubts about Beijing’s attempts to boost confidenceBusiness - Financial Times - October 31 -
China fright ups the stakes for AstraZeneca
Pharma group needs some good news to ease investors’ nervesWorld - Financial Times - November 7 -
The ideology behind Xi Jinping’s China
How Marxist-Leninist theory still shapes policy in BeijingWorld - Financial Times - November 14 -
China braces for second Trump term
While on the campaign trail, President-elect Donald Trump vowed to put large tariffs on Chinese goods to protect American manufacturing, which might threaten the Asian nation's already-slowing ...Top stories - CBS News - November 16 -
Britain needs a coherent China strategy
The Labour government must determine where UK ‘red lines’ lieBusiness - Financial Times - November 19 -
Will China win the clean-energy era?
Trump loves fossil fuels but his sidekick Musk wants a piece of the actionWorld - Financial Times - 6 days ago -
China Readies for Trump Tariff Wave
A senior trade official says the U.S. taxes on Chinese exports will backfire, and the country’s economy can withstand ‘external shocks.’Business - Inc. - 4 days ago -
How Russia, China and Iran Are Interfering in the Presidential Election
Eight years after Russia interfered in the 2016 presidential election, foreign influence with American voters has grown more sophisticated. That could have outsize consequences in the 2024 race.Tech - The New York Times - October 29 -
Why Europe’s car crisis is mostly made in China
The once-lucrative market is now highly competitive and more Chinese EVs are being exported, compounding slower sales at homeWorld - Financial Times - October 29 -
China loses third of its billionaires as economy falters
ByteDance chief Zhang Yiming leads country’s ‘rich list’ with $49bn fortuneWorld - Financial Times - October 29 -
TikTok founder becomes China's richest man
Zhang Yiming's fortune has leapt to almost $50bn, according to a newly published rich list.Top stories - BBC News - October 29 -
India's growing influence means trouble for China’s alliance
India is becoming more important, something not good for China.Politics - The Hill - October 29 -
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 -
China’s Latest Security Target: Halloween Partygoers
Last year, the Shanghai government said Halloween celebrations were a sign of “cultural tolerance.” This year, the police rounded up people in costume.World - The New York Times - October 30 -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - October 30 -
UK borrowing costs rise as Reeves’ spending plans unnerve investors
Ten-year gilt yield hits five-month high after chancellor’s first BudgetBusiness - Financial Times - October 30 -
AstraZeneca China president under investigation by Chinese authorities
British drugmaker says Leon Wang is ‘co-operating with an ongoing investigation’Business - Financial Times - October 30 -
How Volkswagen Lost Its Way in China
A brutal price war, sudden shifts in consumer demand and human rights issues in Xinjiang have left VW stumbling in a market it led for 40 years.Business - The New York Times - October 31 -
China warning hits another medical equipment maker
Smith & Nephew shares slumped on Thursday as it became the second health equipment company in a week to warn that Chinese sales were getting hit hard.Business - MarketWatch - October 31 -
Smith & Nephew cuts outlook on China weakness
FTSE 100 medical manufacturer reports price pressures and worse-than-expected demandWorld - Financial Times - October 31 -
AstraZeneca Probe in China Adds to Concerns for Foreign Businesses
An investigation involving the drugmaker’s China president is the latest crackdown to trigger uncertainty in the industry about Beijing’s intentions.Business - The Wall Street Journal - October 31