China

International Economics

US Trade War Saps China’s Economic Momentum

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

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Autos

With Too Many EVs, Chinese Carmakers Look to Foreign Markets

Demand has been slowing domestically, so Chinese companies are looking abroad to keep sales growing.

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International Economics

Recession Is Rearing its Head, But Not in the US

Japan and the UK both announced that their economies shrunk over the past 6 months, while US consumers have yet to stop spending.

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Photo by Dick Thomas Johnson via CC BY 2.0

Consumer

Temu Picks Up Suppliers Jilted by Rival Shein

The e-commerce upstart has been able to acquire supply chains left behind as Shein polishes its images ahead of a possible IPO.

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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.

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Consumer

Starbucks Slings High-Speed Drinks in Caffeinated Comeback Plan

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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

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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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