Latest in China Meltdown
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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 -
Taiwan braces for US election as China tensions rise
TAIPEI -- Taiwan is bracing for the results of the U.S. election, with some officials worried about what a new Trump administration could mean given the former president’s isolationist views. On ...Politics - The Hill - November 2 -
China Isn't Planning a 'Bazooka' Stimulus---at Least Not This Year
Hopes that China is awaiting the results of the U.S. election to unveil a huge stimulus package are unikely to be fulfilled, though a smaller package is expected soon.World - The Wall Street Journal - November 4 -
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 -
Ferrari reiterates guidance as China deliveries fall sharply
Ferrari on Tuesday reiterated guidance that it had increased earlier in the year as the sports-car maker said shipments fell sharply in China.Business - MarketWatch - November 5 -
Beijing prefers neither: China’s view of the US election
China’s approach could be summarized as calibrating its strategies to account for the leader in the Oval Office in the areas of economy, foreign policy and Taiwan.Politics - The Hill - November 5 -
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AstraZeneca shares fall as China probe intensifies
Investigation of group’s China chief Leon Wang comes after several employees were found guilty of fraudWorld - Financial Times - November 5 -
China woes weigh on profits at Toyota, Honda and BMW
Even the strongest international carmakers are suffering from intense competition in the Chinese marketWorld - Financial Times - 6 days ago -
The New Investment Superpower Outflanking China and the U.S. in Africa
The tiny United Arab Emirates has invested billions in east Africa, where it is now emerging as a significant player, at times muscling out China and annoying the U.S.World - The Wall Street Journal - 6 days ago -
AstraZeneca’s top China executive detained by authorities
Pharmaceutical group confirms four other current and ex-executives investigated, in addition to Leon WangWorld - Financial Times - 6 days ago -
China Has Detained a Senior AstraZeneca Executive
Leon Wang, executive vice president in charge of China and the broader Asian region, is being detained while the Chinese government is probing AstraZeneca employees, the drugmaker says.Business - The Wall Street Journal - 6 days ago -
China approves $840B plan to refinance local government debt, boost slowing economy
China has announced a 6 trillion yuan ($839 billion) plan to help local governments refinance their mountains of debt in the latest push to rev up growth in the world's second largest economyWorld - ABC News - 4 days ago -
US citizen arrested in Germany on suspicion of spying for China
An American citizen who allegedly spied for China was arrested on Thursday, Germany's federal prosecutor office said, as reported by The Associated Press. The suspect, Martin D., was arrested in ...Politics - The Hill - 4 days ago -
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 - 4 days ago -
Richemont Sales Fall as Luxury's China Woes Linger
The Cartier owner said weaker consumer spending in China hit sales as a luxury downturn that is hurting most of the players in the industry rumbles on.Business - The Wall Street Journal - 4 days ago -
China unveils $1.4tn package to shore up economy
Beijing is bracing for increased trade tensions with US under Donald TrumpWorld - Financial Times - 4 days ago -
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Market responds negatively to latest China stimulus moves
Futures on Hong Kong-listed stocks slumped on Friday after the country unveiled its stimulus program.Business - MarketWatch - 4 days ago -
Oil ends down on the day, up for the week on conflicting supply-demand prospects
Oil futures finished lower on Friday, with China’s latest round of stimulus measures failing to lift expectations for energy demand in the face of President-elect Donald Trump’s support for more ...Business - MarketWatch - 4 days ago -
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China Struggles to Shake Off Deflationary Pressures
China’s consumer prices edged up in October, while factory-gate prices continued to decline, underscoring the challenges Beijing faces in battling deflationary pressures despite a recent stimulus ...World - The Wall Street Journal - 2 days ago -
Making Fun of Men in China Comes at a Cost
Chinese companies are trying to exploit burgeoning interest in women-focused content without upsetting male customers.World - The Wall Street Journal - Yesterday -
A Uyghur’s Escape From China Was Just the Beginning
He fled brutal repression — only to discover, as so many Uyghur refugees have, that China’s power stretches far beyond its borders.Top stories - The New York Times - 2 days ago -
China’s $1.4tn fiscal package fails to excite
Beijing unveils fiscal stimulus to help shore up its faltering economyWorld - Financial Times - Yesterday -
Why China is betting on local governments to spur the economy
Fiscal package falls short of market hopes as Beijing braces for Trump tariffsWorld - Financial Times - Yesterday -
Dozens killed in car rampage through Chinese stadium
At least 35 people are killed and 43 injured after a car ploughed into a crowd of people in Zhuhai.Top stories - BBC News - 6 hours ago -
AstraZeneca says it takes China investigation ‘very seriously’
UK’s biggest pharmaceutical company ‘committed to China’ as it raises 2024 profit forecast and announces $3.5bn US investment. Business live – latest updates AstraZeneca’s chief executive has ...World - The Guardian - 8 hours ago -
At least 35 killed in car ramming in southern China
Chinese authorities say 35 people are dead and 43 others injured after a man deliberately drove his car into a group of people at a sports center in the southern city of Zhuhai. A 62-year-old man ...Top stories - CBS News - 10 hours ago -
Trump’s cabinet picks signal tougher stance on China
Experts say appointments of Mike Waltz and others show the president-elect is preparing a more hawkish stance on BeijingBusiness - Financial Times - 1 hour ago -
AstraZeneca’s top China executive detained by authorities
Pharmaceutical group confirms four other current and ex-executives investigated, in addition to Leon WangBusiness - Financial Times - 6 days ago
