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

OP-ED | Power Corridor

‘If You’re So Smart, Why Aren’t You Rich?’

It sounds like something a gunslinging, billionaire hedge fund manager might say. And it is. Ray Dalio, founder of the highly secretive, $100 billion…

2 min read
OP-ED | Power Corridor

The Comeuppance of (Another) Crypto Kingpin

Binance agrees to pay one of the biggest corporate fines in U.S. history. Changpeng Zhao is the founder and chief executive officer of Binance, the…

2 min read
(Photo by Jannis Lucas on Unsplash)

Electric Vehicles

Northvolt Develops New Lithium-Free Battery To Rival Precious Earth Metal Ones

Swedish battery-maker Northvolt announced proudly on Tuesday that it had developed a new kind of sodium-ion battery.

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

Photo by the Executive Office of the President of the United States under Public Domain

OP-ED | Power Corridor

Biden-Xi: An Elaborately Choreographed Thaw

With so much amiss between the U.S. and China (the pandemic, the “balloon incident,” China’s opposing views on the Ukraine-Russia and Israel-Gaza…

2 min read
(Photo by JE Shoots on Unsplash)

Technology

ByteDance Is Scaling Back its VR Ambitions

ByteDance is undergoing a sweeping restructuring and scaleback of its VR division, according to a Financial Times report on Tuesday.

1 min read
(Photo Credit: Zhang Kaiyv/Unsplash)

Consumer

Chinese Consumers Are Pulling Back on Big Western Brands

From cosmetics to apparel to tech, Western brands are seeing revenues dip in China as consumers navigate a struggling post-pandemic economy.

1 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

(Photo by Foreign, Commonwealth & Development Office under CC BY 2.0)

Regulation

Chinese Government Puts a New Leash on its Financial Sector

Beijing plans to establish a Central Financial Commission, which will act as a watchdog for the country’s $61 trillion financial sector.

2 min read
(Photo by Kremlin.ru under CC BY 4.0)

Geopolitics

Xi Celebrates Belt and Road Initiative with Putin as the West Tunes Out

Chinese President Xi Jinping held a summit this week in Beijing touting his signature diplomatic initiative: the Belt and Road Initiative.

1 min read
Photo via U.S. Secretary of Defense under CC BY 2.0

OP-ED | Power Corridor

A War of Words Erupts Between Milley and Trump Over China

The release of “Peril” led to an extended war of words between U.S. Army General Mark Milley and former U.S. president Donald Trump.

3 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

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.