Chinese Economy

Chinese tech giant Tencent (TCEHY) announced its second-quarter earnings earlier this week. The companys revenue growth accelerated in the quarter, growing 20.6% year-over-year to $12.9 billion. The companys net profit surged 35% year-over-year. The companys…

Chinese internet giant Tencent(OTC:TCEHY) is one of the largest and most formidable companies in the world, yet it's not without competitive threats. Some investors have recently pointed to emerging competitor ByteDance, the company behind the popular Toutiao…

Share to facebookShare to twitterShare to linkedin Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during the company's event at the 2019 Consumer Electronics Show (CES) in Las Vegas, Nevada,&…

Tencent(OTC:TCEHY) is a divisive stock. The bulls argue that the Chinese tech giant's well-diversified portfolio of games, social media platforms, cloud services, and more will keep growing even as the Chinese economy slows down. The bears believe that Tencen…

Baidu's (NASDAQ:BIDU) stock has been cut in half over the past 12 months as concerns about the search leader's slowing growth, rising expenses, and inability to counter disruptive rivals like Tencent(OTC: TCEHY) and ByteDance have piled up. The economic slow…

President Trump personally pressed Treasury Secretary Steven Mnuchin to label China as a currency manipulator two weeks ago, a move Mnuchin had previously resisted, three people with direct knowledge of the push said. The pressure from Trump revealed a more …

Alibaba Group Holding Ltd. shrugged off the slowdown in the Chinese economy and the Washington-Beijing trade dispute in its fiscal first quarter, posting earnings that beat analyst expectations on all major counts. The Chinese e-commerce giant today reported…

Chinas economy is slowing, but e-commerce giant Alibaba Group Holding BABA 2.20% has found a way around the problem: pushing into smaller, poorer cities. The countrys answer to Amazon.comincreased revenue by 42% last quarter compared with the same per…

Chinese e-commerce giant Alibaba on Thursday reported strong earnings for the fiscal first quarter that ended in June. Revenue and earnings easily beat analysts expectations, despite concerns about Chinas slowing economy and the escalated trade tension wi…

Shares of JD.com(NASDAQ:JD) surged this week after the Chinese e-commerce giant's second-quarter numbers crushed analyst expectations. Its revenue rose 23% annually to 150.3 billion RMB ($21.9 billion), topping estimates by nearly $1 billion and marking its s…