China's Slowdown - QuikReader

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 - November 5

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 Japan

Business - Financial Times - October 16

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

Coty Joins Competitors in Warning of Beauty Sales Slowdown

The cosmetics company, whose portfolio of brands includes Max Factor and Lancaster, on Monday said retailers are tightening their inventories as mass beauty sales continue to see slow growth ...

Business - The Wall Street Journal - October 14

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.

Hermes Sales Rise 11% Despite Luxury Slowdown

Hermes reported a rise in sales for the third quarter but looking ahead, it cautioned about global economic, geopolitical and monetary uncertainties.

Business - The Wall Street Journal - October 24

Prada's Miu Miu Continues to Defy Luxury Slowdown

Prada posted an increase in revenue, buoyed by the popularity of its Miu Miu brand, and continues to buck a downturn in demand for high-end goods that is particularly acute in China.

Business - The Wall Street Journal - October 30

How Hermès is bucking the global luxury slowdown

Paris-based luxury house Hermès has reported strong financial results despite a global slowdown that has affected competitors LVMH and Gucci owner Kering.

Business - CNBC - October 31

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 results

World - Financial Times - October 30

Prada continues to defy luxury slowdown as Miu Miu sales boom

Italian group bucks gloom but warns that conditions in Asia are becoming ‘more challenging’

Business - Financial Times - October 30

Why OpenAI Is Trying New Strategies to Deal With an AI Development Slowdown

As quantum leaps in AI capabilities get harder to pull off, the market leader is pivoting to progress. Meanwhile, Elon Musk’s Grok AI may be opening to more X users.

Business - Inc. - Yesterday

10-, 30-year Treasury yields drop again after GDP data opens door to Q4 slowdown

Yields on long-dated Treasurys closed lower on Wednesday after a weaker-than-expected reading on third-quarter U.S. economic growth gave way to the possibility of another slowdown in the final ...

Business - MarketWatch - October 30

A Japanese boy was killed in China. Was cyber-nationalism to blame?

The Chinese government has been accused of using online nationalism as a useful safety valve.

China is turning Japanese

At least that’s what the bond market is whispering

World - Financial Times - October 17

Mixed news on China’s stimulus

And regional banks as a Trump trade

World - Financial Times - Yesterday

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 claims

World - ABC News - 2 days ago

China’s economic ills are serious but not incurable

Unfortunately, policymakers have made things worse by resorting to temporary palliatives

Business - Financial Times - October 15

China’s investors are counting on fiscal stimulus

Recent market rally will peter out without decisive policy action to boost the economy

World - Financial Times - October 16

Is China cannibalising the EU car industry?

Troubles at VW point to growing doubts about future of Europe-wide sector as imports of cheap EVs rise. For decades Germany has enjoyed a reputation as Europe’s car capital, with slogans such as ...

World - The Guardian - October 20

China asks: what is an e-bike?

State bureaucracy makes the question more difficult than it may seem

World - Financial Times - October 22

Xi tightens stranglehold on China’s academia

Scholars fired or disappeared as Beijing clamps down on discussion of sensitive topics including economy

World - Financial Times - October 23

Why It’s Getting Harder to Fly to China

European carriers are enduring higher costs because they have to avoid Russian airspace, while a sluggish economy and geopolitical tensions are hurting business travel to China.

Business - The New York Times - October 25

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’ Budget

Business - 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 confidence

Business - Financial Times - October 31

China fright ups the stakes for AstraZeneca

Pharma group needs some good news to ease investors’ nerves

World - Financial Times - 5 days ago

China Launches Sea and Air Drills Around Taiwan

The one-day military exercises followed a speech by Taiwan’s president last week that reaffirmed the island’s sovereignty.

World - The Wall Street Journal - October 14

China Holds War Games Encircling Taiwan in Warning to Island’s Leader

Scores of Chinese aircraft and dozens of ships surrounded Taiwan, after President Lai Ching-te rejected Beijing’s claim over the island.

World - The New York Times - October 14

China starts large military drills around Taiwan

Manoeuvres come after Taiwan’s president asserted sovereignty but asked Beijing to co-operate to secure peace

World - Financial Times - October 14

China’s Stock Markets Rebound on Promises to Help Businesses

Assurances from government officials on plans to strengthen the private sector offset a lack of specifics about economic stimulus.

Business - The New York Times - October 14

China 'punishes' Taiwan president remarks with new drills

Beijing says the exercise involved all parts of the military and simulates a full-scale attack on its neighbour.

Legendary buys out China's Wanda ownership stake

'Dune' production company Legendary Entertainment has bought out the stake previously owned by Chinese conglomerate Wanda Group.

Entertainment - Los Angeles Times - October 14

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

China’s Wild Panda Census is Widely Regarded as Flawed

The panda census methodology is widely seen as flawed, and China keeps the data shrouded in secrecy.

World - The New York Times - October 15

How the U.S. Is Trying to Challenge China's Cobalt Chokehold

Talks over mining company Chemaf in Congo are part of a push by the Biden administration to secure global supplies of a metal used in everything from jet fighters and drones to electric-vehicle ...