Latest in Rise China Profits
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UK heading for tax rises despite return to growth, economists say
The FT’s annual poll forecasts better performance than France and GermanyFinancial Times - Jan. 3 -
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 -
Cryptocurrencies jump to start 2025, bitcoin rises back above $97,000
Cryptocurrencies rose to start the year, rebounding from recent losses as investor optimism returned to the market.CNBC - 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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Brompton profits almost wiped out after lower UK and Europe sales
British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000Financial Times - Jan. 2 -
‘The best abs I’ve ever had – but it hurt!’: the punishing rise of extreme pilates
Intense workouts like Solidcore and SLT are booming, one $43 class at a time. Are they making women stronger or feeding Ozempic-era expectations for thin bodies?. It’s lunchtime on a Wednesday and ...The Guardian - Jan. 2 -
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 -
UK house prices rise more than expected in December
Month-on-month increase of 0.7% takes average house price close to record highFinancial Times - Jan. 2 -
Swisscom Trims Profit Outlook on Early Closing of Vodafone Italia Deal
Swisscom lowered its core earnings guidance after the deal to merge its Italian subsidiary Fastweb and Vodafone’s operations closed on Dec. 31.The Wall Street Journal - Jan. 2 -
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 -
The Guardian view on Russia and China: an old friendship poses new threats | Editorial
Over the holidays, this column is looking ahead at the urgent issues of 2025. Today, the expansion of the partnership between Beijing and Moscow. It is almost three years since Xi Jinping and ...The Guardian - Jan. 1 -
The Panama Canal Has a Big Problem, but It’s Not China or Trump
Climate change is causing drought conditions that are making the Panama Canal harder to operate and more expensive to pass through.The New York Times - Jan. 1 -
China is forcing out foreign car companies
This year has been troubling for almost all foreign carmakers in that country, which boasts the world’s largest car market.The Hill - Jan. 1 -
7 rising Democratic leaders to watch
Democrats are scrambling for a new leader to head the party and organize resistance to President-elect Trump following Vice President Harris’s loss in November's election. Several top names have ...The Hill - Jan. 1 -
Number of migrants crossing Channel in small boats rises to 36,816
2024 was the deadliest year in the Channel, with 77 people known to have drowned trying to cross.BBC News - Jan. 1 -
Bus passengers in England face £1 fare cap rise
One leading lobby group said it would result in a "costly start" to 2025 for many bus passengers.BBC News - Jan. 1 -
Taiwan president vows to boost the island's defense budget as China threats rise
Taiwanese President Lai Ching-te has pledged to strengthen the island’s defenses in the face of escalating Chinese threatsABC News - Jan. 1 -
China Reckons With Years of Excess
Overindebtedness, overbuilding and overcapacity are causing problems at home and abroad.The Wall Street Journal - Jan. 1 -
US investors in China venture funds race to comply with new tech rules
Financial institutions rush to secure assurances their money is not being used to develop Chinese technologyFinancial Times - Jan. 1 -
Xi Jinping, China’s Leader, Nods to Economic Challenges
In a New Year’s address, Xi Jinping made a rare acknowledgment of the flagging economy while reiterating the government’s growth targets.The New York Times - Jan. 1 -
China steps up drive to break Boeing and Airbus grip on plane market
State-owned Comac opens offices abroad and pushes for overseas certification as it increases output of C919 jetsFinancial Times - Jan. 1 -
Energy prices rise with warnings of more pain to come
The new year starts with a 1% increase in domestic gas and electricity prices under Ofgem's price cap.BBC News - Jan. 1 -
The Papers: Energy bills 'to rise further' and world rings in 2025
The energy price cap rise and New Years' celebrations make the front of Wednesday's papers.BBC News - Jan. 1 -
China's Xi Jinping Nods to 'External Uncertainties' in New Year's Speech
Weeks before Trump takes office, the Chinese leader is seeking to shore up confidence that China’s economy can withstand threats.The Wall Street Journal - Dec. 31
