China’s Seres EV Startup Delays U.S. Launch Of SF5 SUV
Chinese electric startup Seres has delayed the U.S. launch of its SF5 SUV and, at the same time, laid off many of its staff at its Silicon Valley office. According to The Verge, Seres intended on launching the SF5 in the States later this year with the ultim…
China’s Natural Gas Workhorse Sees Chinese Economy Improving
China's Natural Gas Workhorse Sees Chinese Economy Improving
bubmagJuly 18, 2019
Chinese check
The Chinese economy is seeing the first signs of trouble after long years of sustained growth that rode on cheap labour and high volumes of exports. Data released by the National Bureau of Statistics on Monday revealed that the economy grew by 6.2% in the sec…
bubmagJuly 16, 2019
Here’s what President Trump’s tariffs have done to the Chinese economy
The Chinese economy has suffered under President Trump's tariffs so much that their growth rate has hit a historical low not seen for 27 years. Trump has accused the government of the second largest economy in the world of unfair trade practices, and has hit…
bubmagJuly 16, 2019
China’s GDP Falls to 27-Year Low, Worst Yet to Come? – Market Realist
China released its second-quarter GDP report today. The countrys GDP expanded 6.2% in the second quarter, marking its slowest growth since 1992. In the first quarter, Chinas GDP was better than expected and rose 6.4%, meeting economists forecasts. In the firs…
bubmagJuly 15, 2019
European markets slightly firmer after doubts over slowing Chinese economy
LONDON: European stock markets were slightly firmer on Monday (Jul 15), mostly posting modest gains after initial doubts on news that China's economy grew at its weakest pace in nearly three decades as US President Donald Trump's trade war hit home. Wall Str…
bubmagJuly 15, 2019
NewsWatch: With trade tensions escalating, here are 5 things to know about this earnings season
The second-quarter earnings season will kick off in earnest next week, and investors should brace for bad news with all signs signaling a second straight decline that will confirm an earnings recession. See full story. This 401(k) move before you retire guar…
bubmagJuly 15, 2019
For Some Reason, Even A Bad Chinese Economy Looks Pretty Good
The Bund Bull statue in Shanghai. The economy slowed within consensus forecasts. As a result, the Deutsche X-Trackers China A-Shares ETF is up nearly 1% on Monday morning. The Shanghai composite settled 0.4% higher. Qilai Shen//© 2018 Bloomberg Finance LP …
bubmagJuly 15, 2019
NewsWatch: Trump takes victory lap for slowdown in Chinese economy
President Donald Trump on Monday took credit for a slowdown in the Chinese economy that he says will lead to more favorable trading terms with the worlds second-largest economy. See full story. With trade tensions escalating, here are 5 things to know about …
bubmagJuly 15, 2019