Latest in Plunge China Sales
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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 -
The Week: The Budget, a trip to China, and the US election
And Your Guide to the US ElectionTop stories - BBC News - October 17 -
McKinsey faces Republican calls for probe into China ‘conflicts’
US officials request investigation into whether consultancy breached rules for Pentagon contractsWorld - Financial Times - October 18 -
How the US can counter China's economic coercion
The Chinese threat of economic coercion has been effective, but the U.S. has leverage over China due to its reliance on supplying U.S. companies, and can leverage the imbalance in China's export ...Politics - The Hill - October 18 -
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Labour tiptoes nervously towards a China policy
David Lammy's low-key visit to Beijing shows the party is still trying to work out its China stance.Top stories - BBC News - October 18 -
Behind the Mysterious Downfall of China's Missing Foreign Minister
A three-part podcast series digs into why Qin Gang vanished from view in June 2023.World - The Wall Street Journal - October 18 -
China launches survey to understand ‘fear of having children’
China is surveying 30,000 people to understand the “fear surrounding having children,” as authorities struggle to boost a flagging birthrate.Top stories - NBC News - October 19 -
5 Provisions in China’s Panda Contracts With U.S. Zoos
Normally confidential contracts show that U.S. zoos are accepting increasingly strict terms governing panda cams and public statements.World - The New York Times - October 21 -
India and China agree to de-escalate border tensions
The two countries have reached a patrolling agreement after several clashes between their troops since 2020.Top stories - BBC News - October 21 -
U.S.-China relations expected to be strained no matter who wins the White House
As Donald Trump and Vice President Kamala Harris face off in the presidential election, China’s President Xi Jinping has not expressed a preference for either.Top stories - NBC News - October 22 -
China and the Vatican agree to extend an agreement on appointing bishops
The Chinese government says it has agreed with the Vatican to extend a provisional agreement on the appointment of Catholic bishops in China for four more yearsWorld - ABC News - October 22
