Latest in News China’s Stimulus
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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 -
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 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 -
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 - November 6 -
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 - November 6 -
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 - November 6 -
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 - November 8 -
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 - 6 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 - 6 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 - 4 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 - 3 days ago
