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Tag: china economy news

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…

Rakuten Taps Chinese Blockchain Firm for $60 Billion Authenticity Market

In 2008, at least 54,000 Chinese babies suffered after ingesting formula that had been contaminated. Demand for safe products has grown year over year, every year, since then. Companies like blockchain-centric Techrock have capitalized on this market by finding unique solutions to the authenticity…

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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