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China's luxury slump is trickling down to other consumer companies
Companies like Starbucks, Nike, and Estée Lauder have reported falling sales in China as weak consu…
Madeline Berg,Huileng Tan
Volkswagen stumbles in China as Germany's auto giants struggle to compete in the EV race
Volkswagen is mulling the closure of factories in Germany for the first time to cut costs, while ri…
Tom Carter
China is eyeing $1.4 trillion in fiscal stimulus and even more if Trump is elected, report says
China is weighing additional stimulus that would increase if Trump wins the US election. The candid…
Kelly Cloonan
Tuberculosis dethrones COVID-19 as world’s top infectious killer again; Half of all new cases from India, Indonesia
According to the latest World Health Organization (WHO) report, approximately 8.2 million people we…
Luxury stocks slide as LVMH disappoints and Wall Street eyes few signs of stronger China demand despite stimulus
LVMH's commentary on demand in China was a warning for luxury brands, which have relied on Chinese …
Kelly Cloonan
China's $114 billion stimulus package immediately boosted its stock market. But can it last?
China's $114 billion stimulus has some investors excited, but it's lacking support for the country'…
Dan DeFrancesco
We're losing the one thing that's keeping the peace between America and China
American businesses hoped China would be a gold mine. That dream is dying and it could make it hard…
Linette Lopez
China's Communist Party begins key meet to stem economic slowdown, following 4.7% dip in GDP
China's GDP dipped to 4.7 per cent in the second quarter, the government said on Monday, as the rul…
PTI
Even Xi Jinping admits China has a painful road ahead despite his new stimulus
"We must ready ourselves for danger, and prepare for rainy days," Xi said as he spoke of China's co…
Matthew Loh
China is hosting African leaders in a lavish display of its global ambition
China influence in Africa's growing amid its intensifying global rivalry with the US.
Tom Porter
Luxury brands are slashing prices in China
Luxury brands like Burberry and Balenciaga have been offering big discounts in China to try to reel…
Alexandra Bacon
China is Starbucks' 2nd biggest market, but sales are slumping. Here's why.
China is Starbucks' second-biggest market but analysts question how well its format and prices work…
Grace Dean
The luxury outlook in China just keeps getting worse
Gucci's parent company said on Wednesday that it continued to see a "deceleration" in Asia-Pacific …
Lian Kit Wee
China can't boost its economy because its macro policy is 'too slow and reluctant,' Goldman Sachs says
Weak retail sales and potential labor market pressures show China's policy pushes haven't acted qui…
Kelly Cloonan
It looks like the party's over for luxury goods in China
Luxury retailers say they've been hit by slumping sales in China, while tourism spending in Japan b…
Grace Dean
Benard Arnault added $6 billion to his net worth in a day after China's stimulus sparked a rally in luxury stocks
Bernard Arnault owns about half of LVMH, which includes luxury brands like Louis Vuitton, Dior, Tif…
Matthew Fox
Indian traders demand resumption of border trade with China through Lipulekh pass
Indian traders involved in border trade with China through the Lipulekh pass in Pithoragarh distric…
PTI
China is gunning for the chief scientist of its COVID vaccine project, accusing him of 'serious discipline and law violations'
Yang Xiaoming was kicked from the National People's Congress earlier this month. He was in charge o…
Matthew Loh
India's population to peak in early 2060s to 1.7 billion before declining: UN
According to the report, India's population in 2024 is projected at 1.45 billion and this will peak…
PTI
American fast-food giants are going big on a China wager, betting they can get the country's new middle class to love them back
As KFC and McDonald's struggle globally, they're driving hard into China with aggressive store expa…