China

Consumer

Shein and Temu’s Fast-Fashion Rivalry is Rocking the Air Freight Industry

Photo via Connor Lin / The Daily Upside

The massive growth by both companies is crowding out other suppliers hoping to rely on cargo delivery planes.

2 min read

Photo by Michael Förtsch via Unsplash

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.

2 min read
Photo by David Vives via Unsplash

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.

2 min read
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.

2 min read

Patent Drop

Baidu’s Data Generation Tech May Sharpen its Self-Driving Reflexes

Photo via U.S. Patent and Trademark Office

Baidu’s patent to tune up self-driving cars could help its fleet account for crazy drivers.

2 min read

Social Media

TikTok’s US Data Safeguards Are a $1.5 Billion Money Pit

Photo by Solen Feyissa via Unsplash

The company finally revealed how much it’s spending to silo off Americans’ data. We just don’t know how well it works.

1 min read

Big Tech

Apple Discounts iPhones in China to Fight Sales Slump

Photo by Denis Cherkashin via Unsplash

Apple is facing softening iPhone demand in China, the company’s second-biggest market after the US and the world’s biggest smartphone market.

1 min read

Sign Up for The Daily Upside to Unlock This Article

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