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CHINA SLUMPS FACTORY
China's May retail sales fall for first time in over three yearsChina's economy shows a worrying split in May. While factories are humming with strong exports, consumer spending took a hit, with retail s...- Want to jump into the 'China is back' rally? Tread carefullyInvestors are increasingly betting that “China is back” as the economy rebounds from years of deflation, helped by strong manufacturing, ex...
- Charting the global economy: Inflation mounts as war drags onThe Iran war is causing global economic disruption. Inflation is rising, impacting consumers and markets worldwide. The US sees its worst i...
- Volkswagen labour leaders stand by 'red line' on plant closuresIn a firm stand against potential factory closures in Germany, Volkswagen's labor representatives have voiced their commitment to preservin...
- China's April producer inflation at 45-month peak on energy price shockChina's producer prices surged 2.8% year-on-year in April, reaching a 45-month high driven by gains in commodity sectors like non-ferrous m...
- Tesla's lower-cost EV plan seen boosting volume, risking marginsTesla is reportedly developing a smaller, cheaper electric vehicle. This move aims to increase sales and factory use. It also addresses gro...
- Trump, tariffs and turmoil: How one factory in China learned to live with itAmerican tariffs aimed to disrupt Chinese manufacturing. However, companies like Agilian Technology found China's production capabilities h...
- Manufacturing weakens in Europe, Asia on faltering demand and tariff uncertaintiesManufacturing activity contracted in Europe's largest economies and China during November, impacted by weak domestic demand and tariff unce...
- China's factory output, retail sales growth slump in blow to economyChina's economic growth faces challenges as factory output and retail sales decelerate, prompting calls for increased stimulus. The slowdow...
- Tesla sends top executive back to China amid weak salesTom Zhu, one of the company's three named executive officers, was promoted to senior vice president of automotive in April 2023, a role in ...
- China manufacturing slump weighs on Asia factory activityJapan’s PMI also fell to 47.2 from 48, dragged down by its sharpest decline in exports in 11 months, according to data published by au Jibu...
- Asia’s manufacturing slump worsens as China curbs demandFactories in North Asia experienced weaker new orders, output and export sales amid slowdown in demand in big trade markets such as China.
- China’s manufacturing slumps, dragging down Asia factoriesThe country's economic data- Caixin index of manufacturing activity plunged to 49.2 last month, a six-month low. This indicates contraction...
- Toyota's China venture dismisses some factory workers as sales fall - workersThe joint venture between Toyota and China's state-owned Guangzhou Automobile Group (GAC) laid off the workers over the weekend and offered...
- Asia's factory activity shrinks as China lockdown impact widensManufacturing activity also contracted in export-reliant economies, including Japan and South Korea, and in emerging nations, such as Vietn...
- Europe’s factory slump heightens recession risk as Asia mixedReadings for the euro area’s four biggest economies were also below this key level, highlighting the increasingly gloomy outlook for the re...
- China's economy grows still-weak 4.8% in January-MarchCompared with the previous quarter, as other major economies are, growth slipped to 1.3% in January-March from 1.4% in the previous quarter.
- Global factory activity slows as Ukraine crisis, inflation biteUncertainty caused by the invasion, combined with an intensifying cost-of-living crisis, suggests the euro zone's manufacturing industry co...
- China tech stocks fall on gaming crackdown but resources shares jump on factory inflationThe Shanghai Composite Index gained 0.5% to 3,693.13 points, the highest closing level in six months. The blue-chip CSI300 index was little...
- China's foreign investment falls 36.5 pcForeign investment in China dropped sharply in November, battered by a slump in global demand that has led to a wave of factory closures, a...
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