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.

2 min read

Photo by Daniel Eledut via Unsplash.

Industrials

Airbus Races to Complete Aircraft Sale to China Before Politics Gets Involved

Beijing is reportedly unhappy with the prospect of an EU tariff on EVs, and is considering retaliatory tariffs on the EU’s aviation industry.

2 min read
Photo by Gilberto Marques via CC BY 2.0

Electric Vehicles

Chinese Carmakers Face Potential EU Tariff Hike. Most Don’t Look Too Scared.

One market research firm said even duties in the range of 15%-30% won’t keep most of the country’s carmakers out of Europe.

2 min read
Photo by Vishnu Mohanan via Unsplash

Semiconductors

China Raises $47 Billion to Stoke the Global Semiconductor Arms Race

China’s DIY solution dovetails with what the West has been doing itself with huge government subsidies for manufacturing.

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

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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

Photo illustration by Connor Lin / The Daily Upside

Consumer

Temu Gets Spooked by Possible TikTok Ban

The-commerce app, which has spent a fortune marketing itself in America, is reportedly starting to hedge its reliance on the US market.

2 min read
Photo by Michael Förtsch via Unsplash

Electric Vehicles

Biden Reportedly Planning a 100% Tariff on Chinese EVs

But the ramped-up protectionist wave hasn’t extended to investor interest in new shares of Chinese companies.

2 min read
Photo by Tiger Lily via Pexels

International Economics

Europe Wants to Fix Its Widening Productivity Gap With the US

European productivity has increased only about 20% since 2000, about one-third the rate of the US.

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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