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Chinese Economy

News24.com | Tencent unveils first sales decline, job cuts as Chinese economy crumbles Chinese Economy

News24.com | Tencent unveils first sales decline, job cuts as Chinese economy crumbles

Tencent (Picture: Xing Yun / Costfoto/Future Publishing via Getty Images) Tencent Holdings logged its first-ever revenue decline after its workforce shrank almost 5%Tencent is grappling with a downturn in the world’s No. 2 economy, the product of a property slump and ad-hoc coronavirus lockdowns from Shanghai to Shenzhen.The uncertainty is…
bubmag
August 17, 2022
Record solar investment keeping Chinese economy afloat Chinese Economy

Record solar investment keeping Chinese economy afloat

Investments in renewables are hitting new highs in China, as recurrent Covid-19 outbreaks and a crisis-stricken housing market threaten the world’s second-biggest economy, according to BloombergNEF. August 17, 2022 Max Hall BloombergNEF (BNEF) says its latest survey of global clean energy investment indicates that Chinese solar and wind energy projects…
bubmag
August 17, 2022
Bitcoin, Ethereum Technical Analysis: ETH Falls Below $1,900 as Markets React to Weakening Chinese Economy Chinese Economy

Bitcoin, Ethereum Technical Analysis: ETH Falls Below $1,900 as Markets React to Weakening Chinese Economy

Ethereum fell below $1,900 earlier today, as crypto markets continued to react to disappointing economic data from China. Figures for July showed that both retail sales and industrial production in China had grown by less than expected, heightening concerns of an upcoming global recession. Bitcoin also declined on Tuesday. Bitcoin…
bubmag
August 16, 2022
The Chinese economy is not the stock market — portfolio positioning in slower growth Chinese Economy

The Chinese economy is not the stock market — portfolio positioning in slower growth

Every finance professor warns that high gross domestic product (GDP) growth doesn’t always translate into high returns for the stock market. The inverse (low GDP does not mean negative returns) is also true, particularly in the short term. In mature markets, profits for the largest firms are not directly tied…
bubmag
May 13, 2022
Exactly how pessimistic are you about the Chinese economy? — Q&A with Anne Stevenson-Yang Chinese Economy

Exactly how pessimistic are you about the Chinese economy? — Q&A with Anne Stevenson-Yang

I first met Anne Stevenson-Yang in Beijing in the late 1990s when she ran the big, scary competitor to the failing startup print magazine that I was editing. She is the co-founder of J Capital Research, which does financial and economic research in Asia. For 25 years, she lived in…
bubmag
May 13, 2022