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Tag: china market 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…

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…

The Scariest Economic Chart In The World Right Now May Come From China – Pedro Nicolaci da Costa

Move over, U.S. economy: The real action in global forecasting these days lies in figuring out what is happening in the world’s second largest economic powerhouse, China.Wall Street is increasingly worried about slowing growth in foreign economies despite strong economic numbers at home. Federal…

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