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Fueled by Credit Binge, China's Economy Faces Drag From Debt Purge

Consumers, businesses and local governments are looking to deleverage—diverting income to pay down debt instead of spending and investing. Consumers, businesses and local governments are looking to deleverage—diverting income to pay down debt instead of spending and investing. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong…

Pirelli's Italian CEO Seeks to Curb China's Grip on Tiremaker

Marco Tronchetti Provera wants the Italian government to help him sideline a Chinese state-owned investor, warning that the company’s independence is at stake. Marco Tronchetti Provera wants the Italian government to help him sideline a Chinese state-owned investor, warning that the company’s independence is at stake. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary…

China's Trade Slowdown Points to Global Woes

Chinese exports fell at a steeper-than-expected pace in May, fueling concerns that global trade activity is cooling rapidly. Chinese exports fell at a steeper-than-expected pace in May, fueling concerns that global trade activity is cooling rapidly. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

China's EV Juggernaut Is a Warning for the West

It wasn’t just a big hand from the state; competitive pressure and creativity have made Chinese-designed and -built electric cars formidable competitors. It wasn’t just a big hand from the state; competitive pressure and creativity have made Chinese-designed and -built electric cars formidable competitors. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is…

How Bad Is China's Economy? Its Stocks Are Now in a Bear Market

China’s stock market experienced a boom earlier this year, but the rally didn’t last. China’s stock market experienced a boom earlier this year, but the rally didn’t last. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not…

China's Recovery Slows Further as Factory, Services Activity Pulls Back

China’s factory activity contracted for a second straight month while growth in the services sector slowed. China’s factory activity contracted for a second straight month while growth in the services sector slowed. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If…

China's Fading Recovery Reveals Deeper Economic Struggles

Ballooning debt, tepid consumption and worsening relations with the West are set to weigh on future growth, economists say. Ballooning debt, tepid consumption and worsening relations with the West are set to weigh on future growth, economists say. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

Pressure Is on U.S. to Hit Back at China's Ban on Micron, as Meeting Nears

Any retaliation could set back a fragile U.S.-China rapprochement, as commerce advisers prepare to talk. Any retaliation could set back a fragile U.S.-China rapprochement, as commerce advisers prepare to talk. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are…

China's Risky Strategy to Control One-Third of the World's Lithium Supply

Beijing’s quest to secure supplies of the metal is leading it to buy up stakes in mines throughout the developing world. Beijing’s quest to secure supplies of the metal is leading it to buy up stakes in mines throughout the developing world. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

China's New Chip Ban on Micron Puts South Korea in a Delicate Spot

A new Chinese clampdown on U.S. chip giant Micron Technology has put South Korea into an uncomfortable position. A new Chinese clampdown on U.S. chip giant Micron Technology has put South Korea into an uncomfortable position. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their…