China

International Economics

US Trade War Saps China’s Economic Momentum

Photo by Getty Images via Unsplash

While a trade war bruised the US economy, China isn’t immune to the pain, and its leaders are growing more receptive to negotiation.

2 min read

Photo by EEYAUT Waihung via CC BY-SA 4.0

Autos

China EVs Stay Strong Despite Domestic, International Headwinds

A couple of China-based EV giants had good news to share in spite of a weakened consumer at home and fresh tariffs from the EU and Canada.

2 min read
Photo by Mark Ahsmann via CC BY-SA 3.0

Big Tech

IBM Shutters Its China R&D Division

IBM announced it would be shutting down its Chinese research and development team, shifting some operations to other locations.

2 min read
Photo by Undefined via iStock

International Economics

China Makes Surprise Rate Cuts Following Top Policy Meeting

The People’s Bank of China unexpectedly lowered its benchmark lending rates and a noteworthy short-term policy rate.

1 min read

Consumer

Economic Anxiety Leaves McDonald’s Digesting Biggest Sales Drop in Five Years

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Fast-food chain McDonald’s, an economic indicator because of its mammoth global presence, posted its worst earnings report since 2020.

2 min read

Consumer

Starbucks Slings High-Speed Drinks in Caffeinated Comeback Plan

Photo by Hamza Inayat via Unsplash

Reducing beverage-wait times is part of Starbucks CEO Brian Niccol’s turnaround plan, which includes tech updates focused on efficiency.

2 min read

International Economics

Retailers Prep for Supply Chain Breakdown

Photo by Mick Haupt via Unsplash

To prepare for a slowdown of global trade, US retailers spent months building a massive inventory to prevent empty shelves.

2 min read

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