Chinese Economy

Global Times Source:Global Times Published: 2019/12/2 23:33:40 Some economists forecast China's economic growth may fall below 6 percent next year. These forecasts come as the global economy sees stagnation with weak growth in some nations. Even if China'…

Baozun(NASDAQ:BZUN) saw its stock get crushed after its quarterly earnings report arrived on Nov. 21 with a sales miss and weaker-than-expected guidance. The company provides help creating online stores and other e-commerce services, and has sometimes been re…

HONG KONG, Dec 1 (Reuters) - Gambling revenue in the Chinese territory of Macau dropped 8.5% in November year on year, hit by lacklustre demand from high roller gamblers due to slowing economic growth amid the ongoing Sino-U.S. trade war and protests in neigh…

By Iris Pang, Economist The direction of the Chinese yuan in 2020 will depend on progress in the trade war The key driver of the yuan remains the uncertainty of the trade war Year-to-date, the yuan has weakened 2.4% against the dollar. The USD/CNY has ran…

(Bloomberg) -- With optimism growing that 2020 will be the year the global economy finally turns the corner, its worth keeping an eye on the Korean won and Taiwan dollar. A Bloomberg study of nine emerging Asian currencies shows those two stand out as likely…

BENGALURU (Reuters) - The global stock market rally has further to run in 2020, according to analysts, brokers and strategists polled by Reuters, but much depends on U.S. and Chinese officials making real progress in stopping a disruptive trade war. A slim …

An annual report from the Peoples Bank of China found over 13 percent of the countrys financial firms to be high risk, the latest indication of Chinese economic struggles amid an ongoing trade war with the United States. Of Chinas 4,379 firms, the report fou…

It has been a rough ride for shares of Chinese premium electric vehicle maker NIO (NYSE:NIO) (no pun intended). At one point in time, NIO was being hyped as the Tesla (NASDAQ:TSLA) of China. The company was featured on a 60 Minutes special which shone a favor…

The Australian dollar continues to go back and forth and erratic and choppy trading which makes quite a bit of sense considering that the US/China trade situation continues to be an aggravation to say the least. Remember, Australia is highly levered to the Ch…

“Balanced international economic relations is not their main goal, but their main strategic goal is curbing the development of China and Russia,” the Russian leader told the ‘Russia Calling’ forum, adding that such an approach is a “deep” mistake that ca…