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China's economic slowdown deepens in October as housing slump worsens and investments shrink more than expected

China’s economic slowdown deepens in October as housing slump worsens and investments shrink more than expected

CHENGDU, CHINA – OCTOBER 18: People walk past the Louis Vuitton store at Taikoo Li, a high-end shopping area that combines traditional Sichuan-style architecture with modern...

China’s Singles' Day stumbles as frugal shoppers shrink the world’s biggest sale

News4 months ago

China’s Singles’ Day stumbles as frugal shoppers shrink the world’s biggest sale

JD.com and Alibaba are operating in Suqian City, Jiangsu Province, China, on Dec. 29, 2023. Costfoto | Nurphoto | Getty Images BEIJING — Preliminary figures for...

Business5 months ago

Former Tesla exec claims EV industry will grow, not shrink, after death of $7,500 tax credit: ‘The market’s established’

The U.S. electric vehicle market is established and ready to grow without federal subsidies, according to Jon McNeill, a former Tesla president of global sales and...