The Chinese government increased subsidies it paid last year, aiming to help Chinese companies weather the economic slowdown in the country. According to the Financial...
Huawei Founder and CEO Ren Zhengfei said he doesn’t expect China to retaliate against Apple, despite the Chinese telecom company being blacklisted by the White...
Trade wars leave casualties on the economic battlefield, wounding balance sheets and earnings as the costs to import (and sell) goods mounts. That’s especially true...
China’s banking and insurance regulator has warned that short sellers shouldn’t bet against the yuan, despite the fact that the currency has lost more than...
Baoshang Bank, based in Inner Mongolia, will be taken over by China’s banking and insurance regulator over critical credit risks, according to a report by...
Starbucks has launched Starbucks Now, a program that lets people order food and drinks ahead of time and then come pick up their orders, in...
Shares in Luckin Coffee have fallen 39 percent after its initial public offering (IPO) as investors are worried about the company’s cash-burn strategy. Starbucks’ rival...
The New York Federal Reserve Bank published research on Thursday (May 23) saying that increased U.S. tariffs on Chinese imports will cost the typical American...
U.S. Treasury Secretary Steven Mnuchin told Congress on Wednesday (May 22) that he spoke with Walmart Chief Financial Officer Brett Biggs about the effects of...