China

6 Most Important Things in Business Today

Bitcoin has moved back above $10,000. According to The Wall Street Journal: Bitcoin prices climbed back above $10,000 for the first time in two weeks after a sharp rally Thursday. ...
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How Long Can Tesla Struggle to Get a Deal Done in China?

Tesla Inc. (NASDAQ: TSLA) may be the biggest-selling electric automaker in the United States, but it continues to struggle to expand its footprint in China, the world’s largest car market. ...
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Ford China Sales Plunge 18% in January

Ford Motor Co. (NYSE: F) is off to a rocky start in China this year. January sales tumbled 18% to 75,990 units, including sales of 46,888 at the company's joint ...
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As US Enters Formal Stock Market Correction, Global Stock Exchanges Follow Suit (and Some Are Worse)

It's official: The U.S. stock market has entered correction territory. The 100 point drop on the S&P 500 on Thursday to 2,581 was down 10.1% from the high of 2,872.87. ...
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6 Most Important Things in Business Today

Walmart Inc. (NYSE: WMT) is pressing to sell more products that have price points above $10. According to Reuters: Walmart Inc is asking vendors to supply it with more merchandise ...
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Alibaba to Take 33% Stake in Ant Financial

China's e-commerce giant Alibaba Group Holding Ltd. (NYSE: BABA) announced Thursday morning that the company will acquire 33% of Ant Financial, the electronic payment firm Alibaba spun-out in 2011 just ...
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Ford China Head Departs After Just 5 Months on the Job

Ford Motor Co. (NYSE: F) announced Monday morning that Jason Luo, the board chair and chief executive of Ford China, resigned effective immediately. Luo joined Ford in September of last ...
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China’s Smartphone Market Slipped 4% in 2017 — a First

It had to happen sometime, and all the signs pointed to 2017 as that time. Chinese smartphone shipments fell by 4% year over year in 2017, after dropping 3% in ...
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As China GDP Surges, a Threat to US Position as Top Economy

China's gross domestic product (GDP) has been closing in on that of the United States for some time. There are predictions that China will become the number one economy in ...
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Huawei Pitches to Do Business Outside China

Many U.S. lawmakers don't like Chinese telecom giant Huawei very much. They believe that its products are a way for China's government to spy on American business interests and smartphone ...
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iPhone 7 Gave Apple Inroads to China Last Year

The Apple Inc. (NASDAQ: AAPL) iPhone 8 came into the market too late to be a big seller in China. However, the two versions of the iPhone 7 helped Apple's ...
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6 Most Important Things in Business Today

An Intel Corp. (NASDAQ: INTC) chip patch to address a flaw in the company's processors may not work. According to The Wall Street Journal: Intel is quietly advising some customers ...
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China Overblown Treasury Risk, but Europe, Japan and US Fed Pose Larger Risks

The recent rise in U.S. interest rates was enough that some of the bull market's biggest cheerleaders started to get at least a little nervous. It turns out that the ...
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In Threat to Global Car Industry, China Sales Slow

China's car sales rose only 3% in 2017 to 28.9 million. China is the world's largest car market by far, and global manufacturers have staked their future growth on success ...
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6 Most Important Things in Business Today

Chinese officials called speculation that the country will stop buying U.S. bonds "fake news." According to MarketWatch: China’s foreign exchange regulator on Thursday pushed back on reports officials in the ...
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