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Tag: china business

How China Could Ruin 2019 For Apple, Tesla, Boeing

It was 27 years ago when Deng Xiaoping observed that “Saudi Arabia has oil; China has rare earths.” Talk about a prescient observation. In the early 1990s, China’s then-supreme leader had zero inkling of the iPhones, Tesla cars, drones, robots and high-tech fighter jets…

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Scary! Rising US-China Trade War Tensions Could Take 10% Off the S&P

Global markets continue to digest the impact of President Donald Trump’s Sunday evening tweetstorm. Meanwhile, analysts from some of the world’s biggest investment banks including UBS and Bank of America Merrill Lynch have detailed their forecasts for what a full-on trade war between the U.S. and China would…

China Offers Special Breaks To Attract Taiwanese Startups, But Only 1% Find Success

Hung Hsiu-chu (brown coat), former head of Taiwan’s Nationalist Party, and her delegation visit Vstartup, a startup group, in Beijing in 2016. (Photo: VCG/VCG via Getty Images) Taiwan’s government says many of the island’s young entrepreneurs are ready to seek their fortunes in China…

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….

Better Off in a Cave: Chinese Count Costs of Apartments In Anti-Poverty Campaign

May 11, 2018 By Joseph Campbell LIN COUNTY, China (Reuters) – Seventy-year-old Chinese farmer Guo Jiaming has lived most of her life in a cave, shunning modernity for a home carved into a mountainside that keeps her cool in summer and warm in winter….

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