Robotics giant ABB ‘pretty pessimistic’ on China: ‘It will be challenging for the rest of the year’
The CEO of Swedish-Swiss multinational robotics firm ABB said he has been "disappointed" by the state of the Chinese market, ...
Tag: China
Lululemon ups guidance after ‘strong’ growth in China boosts quarterly sales
A customer enters a Lululemon store on June 02, 2023 in Corte Madera, California.Justin Sullivan | Getty ImagesLululemon raised its ...
Here’s what the U.S. hopes China will do after Raimondo’s trip
U.S. Commerce Secretary Gina Raimondo (L) and Chinese Vice Premier He Lifeng pose for photographs before their meeting at the ...
China measures evoke positive vibes in battered EMs
The worst August selloff in years for emerging-market assets eased on Tuesday as China continued to drip-feed its stimulus measures.The ...
Shares of BYD jump after Chinese EV maker posts 200% surge in first half profit
A BYD ATTO 3 is displayed during the British Motor Show at Farnborough International Exhibition Centre on August 17, 2023 ...
China’s EV slowdown drags down Nvidia’s ‘next billion-dollar business’
Nvidia automotive segment primarily sells chip systems for assisted driving. CEO Jensen Huang has touted it as the company's "next ...
China donates state-of-the-art military automobiles worth USD 6.2mn to Sri Lanka
The Chinese Ministry of National Defence has donated highly-developed 11 military automobiles worth USD 6.2 million to the Sri Lanka ...
U.S. Commerce secretary set to visit China next week as high-level talks continue
U.S. Commerce Secretary Gina Raimondo speaks during a Senate hearing in Washington, D.C., on May 16, 2023.Bloomberg | Bloomberg | ...
What China’s big earnings say about the consumer
Tencent sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. Aly Song | ReutersBEIJING ...
China’s troubles rattle global stocks and drag Hong Kong into bear market
Stocks in Hong Kong entered a bear market Friday, down 21% from their high near the start of the year, ...
