An online exchange between China's 'Lipstick King' and a viewer over the affordability of an $11 beauty item shows just how messed up the country's economy is

Tech Insider : Economy, Economy
Beauty blogger Austin Li Jiaqi applies lipstick while livestreaming on the e-commerce platform Taobao on October 26, 2018 in Shanghai, China. 27-year-old man Austin Li Jiaqi, with a nickname 'Lipstick Brother', is the hottest online beauty blogger in China.

Chinese EV subsidies will be investigated by EU over concerns they're distorting the market with cheaper prices

Tech Insider
A BYD ATTO 3 is displayed during the British Motor Show at Farnborough International Exhibition Centre on August 17, 2023 in Farnborough, England. T
BYD's Atto 3.

John Keeble/Getty Images

Apple falls as investors monitor the release of the hotly anticipated iPhone 15

Tech Insider
Apple CEO Tim Cook stands next to the new Apple Vision Pro headset is displayed during the Apple Worldwide Developers Conference on June 05, 2023 in Cupertino, California. Apple CEO Tim Cook kicked off the annual WWDC23 developer conference with the announcement of the new Apple Vision Pro mixed reality headset.
Apple CEO Tim Cook.

Justin Sullivan/Getty Images

It's the beginning of the end for global oil demand, IEA chief says

Tech Insider
oil rig

Gerald Herbert/AP

Chinese property giant Country Garden's stock surged by 10% after receiving an extension to repay some of its bonds

Tech Insider
Photo taken on August 31, 2023 shows a residential area of Country Garden in Nanjing, Jiangsu province, China.
A residential area of Country Garden in Nanjing, Jiangsu province, China.

Costfoto/NurPhoto/Getty Images

In a US showdown with China, there are some missions with no special-operations 'easy button'

Tech Insider
US Army special operations sniper competition
A competitor in the US Army Special Operations Command International Sniper Competition at Fort Bragg in North Carolina in March 2022.

US Army/K. Kassens

China's economy is 'circling the drain' and you can't make money investing in a totalitarian government, investment chief says

Tech Insider
beijing
China's economy is 'circling the drain," Kyle Bass said.

REUTERS/Bobby Yip

China is likely headed for a full-blown financial crisis as its economy is due for wilder swings, market expert says

Tech Insider : Economy
Xi Jinping
China's President Xi Jinping looks on during a signing meeting with Maldives President Abdulla Yameen at the Great Hall of the People in Beijing, China December 7, 2017.

REUTERS/Fred Dufour/Pool

China vows to support yuan through crisis, bouncing the embattled currency from a 16-year low

Tech Insider
China yuan
China's yuan has tumbled in recent weeks.

Bloomberg Creative/Getty Images

Biden says China is unlikely to invade Taiwan now because Beijing just too busy with its own economic crisis

Tech Insider : Economy, Politics, Economy
Chinese President Xi Jinping, US President Joe Biden
Chinese President Xi Jinping, US President Joe Biden

Per-Anders Pettersson, Chip Somodevilla/Getty Images

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