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

Image Credit: Getty Images, awdebenharn.

Banking

Chinese Regulators See Regional Banks Headed for SVB-Style Chaos

Authorities are concerned about regional banks piling too heavily into longer-yielding government bonds in recent months.

2 min read
Photo by Do Nhu via Unsplash

Consumer

Gucci’s China Problem Is Testing Investors’ Patience

The company says a turnaround will take time as the market for luxury goods cools and China muddles through economic doldrums.

1 min read
Photo by Melvin Loi via CC BY-SA 2.0

Big Tech

Apple’s iPhone Is Getting Crowded Out of the Chinese Market

iPhone sales in the country fell nearly 20% in the first quarter, with many consumers flocking to local rivals.

2 min read

Consumer

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

Photo by Jason Miraples via Unsplash

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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