The enduring love that Americans have shown for Starbucks lattes and iced coffee has been a saving grace for the company during the challenging post-pandemic years. However, the upcoming earnings…
China's Advances in Space Deteriorating U.S.-China Relations China's Claim over the Taiwan Strait Introduction China's claim over the Taiwan Strait, an important route for international trade, remains a contentious issue.…
U.S. Treasury Secretary Janet Yellen recently reached out to China, urging the nation to prioritize collaboration on climate change and other global challenges. While acknowledging the presence of trade disputes…
(Bloomberg) Yi Yuechun, vice dean of the China Renewable Energy Engineering Institute, says China is set to build a record 156 gigawatts of renewable energy this year. The installations, which…
(Bloomberg) Europe’s benchmark price for cobalt has fallen by more than 13%, while declines in China have been higher amid deteriorating demand. Shanghai, which was hit by lockdowns, is one…
(Bloomberg) Shares of online education platforms added double digits on Monday on speculation that China may relax the grip that has sent the stocks tumbling this year. The gains followed…
(NBS) Exports from China rose by 16.9% in May from the prior year, its strongest expansion this year. The growth was more than double expectations of an 8.0% increase. The…
(S&P Global) China’s headline Business Activity Index was posted at 41.4 in May, the third straight month the gauge has indicated contraction in the service sector. The contraction in the…
(FT) International investors using Hong Kong’s Stock connect trading scheme have accumulated RMB28 billion or $4.2 billion of mainland Chinese stocks over the past week. The addition of Chinese equities…
(S&P Global) China’s Purchasing Managers Index was recorded at 48.1, signaling another contraction, although activity improved from the 26-month low index of 46.0 in April. Firms reported softer declines in…
(NBS) China’s purchasing managers’ index, gauging manufacturing activity, was recorded at 49.6 in May, signaling a contraction for another month. The contraction was better than the feared index of 48.0%.…
(Eastmoney.com) China’s Shenzhen district is reportedly working with banks to airdrop 30 million digital yuan to support the local economy battered by lockdowns. The digital version of the Chinese currency…