Latest in China Climate
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LVMH stock falls on slumping luxury sales in China
LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter salesBusiness - MarketWatch - October 16 -
To top China in biotech, support US seedbeds of innovation
Congress's ambition to break our dependence on this China-derived supply chain must be paired with an equal zeal for investing in domestic capabilities.Politics - The Hill - October 16 -
China Employs Hackers and Celebrities to Undermine Taiwan
Taiwan has accused Beijing of a wide-ranging campaign to weaken the island’s resolve.World - The Wall Street Journal - October 17 -
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McKinsey Cuts Hundreds From China Workforce
The consulting firm is cutting back on state-linked clients and is working to separate its China operationsBusiness - The Wall Street Journal - October 17 -
FirstFT: Uber explored bid for travel website Expedia
Also in today’s newsletter, Kamala Harris locks horns with Fox News interviewer Bret Baier and Wall Street roars backWorld - Financial Times - October 17 -
China to boost lending for stalled property projects to $560bn
Beijing is trying to restore confidence in economy amid prolonged real estate slowdownBusiness - Financial Times - October 17 -
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China Considering Higher Tariffs on Car Imports
China said it may raise tariffs on imported internal-combustion-engine cars with large engines sizes, after the EU voted to increase import duties on China-made electric vehicles.Business - The Wall Street Journal - October 17 -
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
