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Business

“Tesla jumps 15% after passing key hurdle to roll out advanced driver-assistance tech in China”

April 30, 2024

“Shares of Tesla rose sharply on Monday, their best day since March 2021, after the electric carmaker passed a significant milestone to roll out its advanced driver-assistance technology in China. The company’s share price closed up 15% as investors reacted to news surrounding… Continue Reading…

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Business

“Apple loses mantle as world’s biggest phone seller to Samsung as China sales drop”

April 17, 2024

“Apple has lost its spot as the world’s biggest mobile phone seller after a steep sales drop as South Korean rival Samsung retook the lead in the global market share. Samsung had been the biggest seller of mobile phones for 12 years… Continue Reading…

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Precious Metals

“Gold boosted to new records as China beefs up reserves”

April 10, 2024

“… By the numbers: Bullion still makes up a large portion of global central bank reserves. …” https://www.axios.com/2024/04/08/gold-record-highs

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Economy, Energy

“No Money, No Purchases, China’s EV Firms in a Bloody Survival Battle, 70% of Brands to Vanish”

April 2, 2024

The scam is starting to fall apart. Smart companies are switching back to gas or hybrids. EV’s are a scam. Do not buy them. They are designed to destroy economies and control populations.

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Stocks

“Chinese EV maker BYD targets 20% jump in annual sales – sources”

April 1, 2024

“Chinese electric vehicle maker BYD has set a 3.6- million-unit sales target for 2024, a jump of 20% from its record-breaking sales last year, according to three people who were familiar with the matter… The company’s Hong Kong shares sank… Continue Reading…

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Economy

[China] “CCP Runs Out of Money, Starts Rampant Looting; 400 Six-Year-Olds Investigated as Underworld Figures”

March 26, 2024

Click here to watch video: China seems to be in the middle of a economic collapse. All hell is breaking lose over there.

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Economy

“China’s Boom Is Over—Beijing Is Making It Worse”

March 8, 2024

“China’s fundamental challenges—including weak demographics and heavy debts—are indeed tough. But it is also clear that much of what is plaguing China amounts to a nasty cyclical downturn exacerbated by Beijing’s poor policy choices. Tuesday’s big speech by Premier Li Qiang to… Continue Reading…

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Business

“Apple’s iPhone sales in China plunge 24% as Huawei’s popularity surges”

March 7, 2024

“BEIJING (Reuters) -Apple’s iPhone sales in China fell 24% year-on-year in the first six weeks of 2024, according to research firm Counterpoint, as the U.S. company faced increased competition from domestic rivals such as Huawei. The U.S. tech giant’s chief… Continue Reading…

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Banking, Economy, Real Estate

“China’s property crisis is starting to ripple across the world”

February 14, 2024

“Chinese investors and their creditors are putting up “For Sale” signs on real estate holdings across the globe as the need to raise cash amid a deepening property crisis at home trumps the risks of offloading into a falling market…… Continue Reading…

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Business

“Tencent loses over $43 billion in market value after China proposes new online gaming rules”

January 1, 2024

“Tencent lost about $43.5 billion in market value on Friday after China surprised financial markets with a fresh set of rules aimed at curbing excessive gaming and spending. The draft guidelines from China’s National Press and Publication Administration sank the Hong Kong-listed… Continue Reading…

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