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China's struggling economy drags the yuan toward its lowest level of 2023

Mon, 08/14/2023 - 06:55

Tech Insider

China Yuan — The Chinese yuan is trading close to its 2023 lows.
AP

Markets, MI Exclusive, Currencies, China, China Economy, Chinese yuan, US Dollar

China's economy is showing signs of serious trouble — and the problems are still mounting

Sat, 08/12/2023 - 08:30

Tech Insider : Economy

China's economy hasn't rebounded from the pandemic as expected. — China's economy hasn't rebounded from the pandemic as expected, and now it faces a slate of obstacles.
Kevin Frayer/Stringer

economy, Markets, China, China Economy, Deflation, Inflation, Recession

President Biden says China's economy is a 'ticking time bomb' amid growth and demographic issues

Fri, 08/11/2023 - 09:26

Tech Insider : Economy

President Biden — President Biden speaks to reporters on July 8
Alex Wong/Getty Images

economy, Markets, China Economy, Biden, china unemployment, China Economic Growth, US china tensions

Tesla's sales in China have tumbled and its slumping economy may not be to blame, Bank of America says

Thu, 08/10/2023 - 04:00

Tech Insider

A Tesla Model S at a charging station in New York. — A Tesla Model S at a charging station in New York.
Bruce Bennett/Getty Images

Markets, MI Exclusive, China, China Economy, china economic outlook, tesla, Tesla prices

It's about to get harder for US firms to invest in Chinese markets

Wed, 08/09/2023 - 13:28

Tech Insider

Xi Jinping and Joe Biden shake hands. — China's President Xi Jinping shakes hands with US President Joe Biden at their meeting on Monday during the G-20 summit in Bali, Indonesia.
Saul Loeb/AFP via Getty Images

Markets, MI Exclusive, Biden, Xi Jinping, China, China Economy, financial markets

US stocks slip as investors struggle to recover from sell-off ahead of key inflation report

Wed, 08/09/2023 - 09:44

Tech Insider

trader nyse pray — Getty Images / Bryan R. Smith

Markets, MI Exclusive, daily market wrap, Stock market news today, Inflation, CPI, fed interest rates

China is telling economists not to talk about deflation or faltering growth, report says

Mon, 08/07/2023 - 10:01

Tech Insider : Economy

china economy — China's post-COVID economic rebound is fizzling out, with growth faltering and forecasters fretting about deflation.
AP Photo/Andy Wong

economy, China, Xi Jinping, China Economy, Recession, Inflation, Deflation

China's housing market is so bad people are rushing to the US to buy a home

Thu, 08/03/2023 - 13:04

Tech Insider

China housing — Buildings under construction are seen among fog in Rizhao, Shandong province, China.
Reuters/Stringer

Markets, MI Exclusive, China Economy, China Housing Market, us housing market, Home sales, Home Prices

China's economic slump means a glass of milk could soon cost a lot less

Thu, 08/03/2023 - 04:24

Tech Insider : Economy

Pouring milk — Prices of whole milk powder has been sliding.
Liudmila Chernetska

economy, Markets, Milk, Cocoa, orange juice, milk powder, Food Prices

China is still waiting for a 'big bang' economic fix as Beijing grapples with more bad news

Tue, 08/01/2023 - 05:21

Tech Insider : Economy

China factory — China's manufacturing sector shrank in July, per multiple indices.
CFOTO/Future Publishing via Getty Images

economy, China, Chinese PMI, Xi Jinping, Politburo, Economic Policy, China Economy

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