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

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A Tesla Model S at a charging station in New York.
A Tesla Model S at a charging station in New York.

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The head of one of the biggest property developers in China was once Asia's richest woman. But her wealth has plunged by 84% since mid-2021 — and now her company's teetering on the brink of a crisis.

Tech Insider : Economy
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Asia's once-richest woman lost 84% of her wealth — more than any billionaire since the COVID-19 pandemic — as China's property sector teeters on yet another crisis.

Wealth-X; Country Garden Danga Bay/Facebook; Shayanne Gal/Business Insider

China's attendance at Saudi peace talks is 'bad news' for Putin — but Xi Jinping is still 'well served' by his friendship with Russia, expert says

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Russian President Vladimir Putin and Chinese President Xi Jinping.

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

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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.

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Falling prices in China could be a blessing in disguise for the world economy's ongoing fight against inflation

Tech Insider : Economy
NANJING, CHINA - AUGUST 9, 2023 - Customers shop for vegetables at a supermarket in Nanjing, Jiangsu province, China, August 9, 2023. On the same day, data released by the National Holiday Statistics Bureau showed that in July 2023, the national consumer price fell by 0.3% year-on-year. (Photo by Costfoto/NurPhoto via Getty Images)
Customers shopping at a supermarket in Nanjing, China.

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A rift is growing between Xi and Putin after Russia mocked a Ukraine peace plan backed by China

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Xi Jinping and Vladimir Putin sitting at a conference table with Russian flags in the background.
Russian President Vladimir Putin and China's leader Xi Jinping deliver a joint statement following their talks at the Kremlin in Moscow in March.

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An oversupply-led plunge in pork price has pushed the Chinese economy into deflation

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Pork
Hogs are raised at Old Elm Farms, a fifth generation family farm, on May 5, 2020 near Sycamore, Illinois.

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China slips into deflation, fueling more calls for economic stimulus

Tech Insider : Economy
A customer shops for fruits and vegetables at a market in Beijing on August 9, 2023.
A customer shops for fruits and vegetables at a market in Beijing on August 9, 2023.

Pedro Pardo/AFP via Getty Images

Millennials and Gen Zers in Asia don't want to work in factories. It means you could soon pay more for clothes, furniture, and toys.

Tech Insider : Economy
On the Money-Toy Shopping
Americans are used to cheap toys made in Asian factories.

AP Photo/Bebeto Matthews

China's economy is sputtering as the nation's exports hit their lowest level in over 3 years

Tech Insider : Economy
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