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Category: China Economy/Study

Job Cuts And No More Snacks: China’s Internet Companies Brace For Slowest Growth In Years

Peolple walk past a sign for Chinese ride-hailing service Didi Chuxing (AP Photo/Mark Schiefelbein) Job losses and other cost-cutting measures are beginning to emerge from China’s once unbeatable internet sector. Games operator NetEase, ride-sharing giant Didi Chuxing and e-commerce firm JD.com are reportedly cutting…

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Progress Ahead? Hopes For China Trade Progress Rise, Putting Markets On Solid Footing

A long weekend looms, but before that, there’s a lot to digest. Perhaps topping the list is the latest scuttlebutt around trade with China (see more below). Netflix earnings also rank high, with shares down 3% in pre-market trading after a Q4 revenue miss….

New Survey Shows China Not Dead Yet

China’s services sector growth rose for the second month in a row and hit its highest level since June 2018 , according to the Caixin China General Services Business Activity Index, released on Friday. Caixin said that increased foreign demand for Made in China…

Don’t Believe Beijing: China Really Does Rival The U.S. – Kenneth Rapoza

Liu Qiangdong, better known as Richard Liu here, is already a billionaire. At the 7-Fresh grocery store in Beijing, not far from Liu’s JD.com, there’s this fruit stand that looks awfully similar to anything an American would find at a Trader Joe’s or Wholefoods….

Skirting the Great Wall, Part Three: The Paradox of Cryptocurrencies in China

Skirting the Great Wall, Part Three: The Paradox of Cryptocurrencies in China https://www.pivot.one/share/post/5be9785dcd5ee726e82db3c9?uid=5bd49f297d5fe7538e6111b6&invite_code=JTOJYV

A Fifth of China’s Homes Are Empty That’s 50 Million Apartments – Bloomberg

Chinese President Xi Jinping’s mantra that homes should be for living in is falling on deaf ears, with tens of millions of apartments and houses standing empty across the country. Soon-to-be-published research will show roughly 22 percent of China’s urban housing stock is unoccupied,…

TED – The Rapid Growth of The Chinese Internet & Where It’s Headed By Gary Liu

The Chinese internet has grown at a staggering pace — it now has more users than the combined populations of the US, UK, Russia, Germany, France and Canada. Even with its imperfections, the lives of once-forgotten populations have been irrevocably elevated because of it,…

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