Latest in China Vivo
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China’s box office takings drop by a quarter as viewers turn to streaming
Lack of blockbusters, pandemic aftereffects and hard economic times blamed for 2024 slumpFinancial Times - Jan. 5 -
Fire at food market in northern China kills eight people and injures 15
Cause of fire in city of Zhangjiakou in Hebei province is under investigation. At least eight people have died and 15 are injured after a fire broke out at a food market in northern China, ...The Guardian - Jan. 4 -
China has cost the U.S. millions of jobs. Trump will change that — not necessarily for the better.
Trump needs to make friends in Asia or his China tariffs will hurt Americans.MarketWatch - Jan. 4 -
Only US leadership can stop China’s economic power in Latin America
The only way to stop China’s accelerated advance in Latin America continues to be democracy and the counterweight of greater leadership from Europe and the U.S.The Hill - Jan. 4 -
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Fire at a food market in northern China kills at least 8 and injures 15
Chinese state media says a fire at a food market in northern China killed at least eight people and injured 15 othersABC News - Jan. 4 -
Taiwan says China is redoubling efforts to undermine democracy with disinformation
Taiwan's government says China is redoubling efforts to undermine confidence in the self-governing island's democracy with the spread of disinformation, especially onlineABC News - Jan. 3 -
China's overqualified youth taking jobs as drivers, labourers and film extras
With high youth unemployment rates, Chinese graduates are resorting to working as waiters, cleaners and movie extras.BBC News - Jan. 3 -
Oil prices score weekly gains, buoyed by China policy support
Oil futures posted solid gains in a holiday-shortened week, buoyed by expectations of further stimulus in China, the world’s largest crude importer, to boost its sputtering economy.MarketWatch - Jan. 3 -
Apple offers rare iPhone discounts in China as foreign smartphone sales drop
Apple Inc. has kicked off the new year with iPhone discounts in China, underlining the challenges facing the tech giant in one of the world’s most populous countries.MarketWatch - Jan. 3 -
Foreign phone sales plunge 47% in China, spelling trouble for Apple
Apple is under pressure in China as a result of rising competition from domestic brands, in particular Huawei.CNBC - Jan. 3 -
Apple offers holiday discount in China as Huawei competition heats up
Apple is facing heightened competition from a resurgent Huawei and other domestic brands.CNBC - Jan. 3 -
Antony Blinken: ‘China has been trying to have it both ways’
The outgoing US secretary of state on putting pressure on Beijing over Ukraine, the ‘road map’ for Syria — and why America must co-operate in order to leadFinancial Times - Jan. 3 -
FirstFT: China’s central bank prepares for historic monetary policy shift
Also in today’s newsletter, cold winter snap stokes US heating prices and a shake-up at the top of MetaFinancial Times - Jan. 3 -
China Adds to Sanctions of U.S. Defense Contractors Over Taiwan Arms Sales
Beijing sent a fresh warning to President-elect Donald Trump of the tools it can use to protect national interests.The Wall Street Journal - Jan. 3 -
China's electric car boom is increasingly more about hybrids
Hybrid-powered vehicles are proving more popular than battery-only ones in China, even as consumers shift away from gas-only cars, full-year data show.CNBC - Jan. 3 -
Magic monkey tale inspires China’s gaming industry to seek blockbuster success
As Beijing eases regulations, developers are tooling up to produce big-budget titles with international appealFinancial Times - Jan. 3 -
Kweichow Moutai Expects to Meet Revenue Growth Target Despite China Market Woes
Chinese liquor giant Kweichow Moutai expects to meet its revenue growth target for 2024 despite subdued consumer sentiment and slumping wholesale prices in its home market.The Wall Street Journal - Jan. 2 -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - Jan. 3 -
Trump’s Falsehoods Aside, China’s Influence Over Global Ports Raises Concerns
The president-elect inaccurately said that Chinese soldiers operate the Panama Canal. But China’s strategic positions in shipping worry Washington officials.The New York Times - Jan. 2 -
China Hits Dozens of U.S. Companies With Trade Controls
The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.The New York Times - Jan. 2 -
China hits dozens of U.S. companies before expected Trump tariffs
China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests."CBS News - Jan. 2 -
China’s Hack of U.S. Treasury Breached Sanctions Office
The cyberattack reported earlier this week reached into the Office of Foreign Assets Control and the Office of Financial Research, sections of the agency that oversee economic penalties against ...Inc. - Jan. 2 -
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China’s electric-vehicle leader BYD posts record sales in 2024
Bigger companies beat targets as intense competition rocks world’s biggest car marketFinancial Times - Jan. 2 -
China stocks lead losses in Asia as manufacturing slows; Singapore annual GDP growth rises to 4%
China's Caixin/S&P Global manufacturing purchasing managers' index for December fell to 50.5, missing economists' estimates of 51.7 in a Reuters poll.CNBC - Jan. 2 -
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U.S. Companies Vouched for China During Trump's First Term. Not Anymore.
American companies have largely gone silent about the importance of the U.S.-China relationship—they no longer see China as the land of opportunity.The Wall Street Journal - Jan. 2 -
Shipowners switch to smaller vessels as world trade reroutes from China
Attacks on Red Sea ships have also hit demand for bulkiest carriersFinancial Times - Jan. 2 -
How to invest in a much-changed China
While Trump threatens punitive tariffs, investors need to understand how much the country has altered in recent yearsFinancial Times - Jan. 2 -
‘I was very lucky’: activist and blogger Lu Yuyu on escaping China
Released from prison in 2020 after being jailed for ‘picking quarrels and provoking trouble’, he became increasingly desperate to leave – before seizing his opportunity. As he trekked up the lush ...The Guardian - Jan. 2
