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Mercedes-Benz, China
Mercedes-Benz cuts guidance on slump in China’s economy
Mercedes-Benz Group shares fell 8% on Friday after the German carmaker made another cut to its full-year guidance, citing a slowdown in car sales caused by a slump in China’s economy. The Stuttgart company said the cut to its outlook,
China’s economy may be slowing, but Beijing isn’t budging
Despite the challenges, China’s policymakers have seemed unwilling to deploy a stimulus package to jumpstart growth.
Mercedes-Benz and Beijing Benz to recall a total of 523,094 vehicles in China
Mercedes-Benz and its Chinese joint venture with BAIC Motor will recall a total of 523,094 imported and domestically manufactured vehicles in China over potential safety hazards, China's market regulator said on Friday.
15h
on MSN
China's flagging economy — and Kanye West — give each other a helping hand
The American rapper's unexpected China concert boosted local spending, which the government desperately needs but has ...
3h
China’s home of world’s largest iPhone factory eyes night economy to brighten outlook
Henan province unveils plan for nighttime music festivals, theatre performances, art exhibitions and sporting events to boost ...
3d
China’s ‘Silver Economy’ Is Thriving as Birthrate Plunges
The shrinking population poses threats to growth but has opened opportunities for businesses that serve seniors.
13h
on MSN
China Leaves Benchmark Lending Rates Unchanged, Defying Expectations
China kept its benchmark lending rates unchanged on Friday, despite growing expectations for a cut after the U.S. Federal ...
2h
China’s Ray Dalio Troubles Are Only Just Beginning
When China lost even Ray Dalio, you know Asia’s biggest economy has got some serious troubles ahead.
5h
China Budget Spending Slide Deepens in Worrying Sign for Economy
China’s broad budget expenditure shrank at a faster clip amid an unprecedented drop in income earned by local governments ...
5d
on MSN
China’s economy softens in August as Beijing continues to grapple with lagging demand
China’s economy softened in August, extending a slowdown in industrial activity and real estate prices as Beijing faces ...
1d
China to ramp up policy steps to revive economy but no 'bazooka' stimulus seen
Chinese policymakers will likely step up measures to at least help the economy meet an increasingly challenging growth target ...
17h
on MSN
Divorce is on the rise in China. For some, that means big business
A budding divorce economy underscores China’s changing attitude towards marriage and a deepening demographic crisis facing ...
MoneyWeek
49m
Is China following Japan's economy and stock market?
Since a 2021 peak, roughly “$6.5 trillion has been wiped out from Chinese and Hong Kong” shares – the value of Japan’s entire ...
13h
on MSN
China dairy farms swim in milk as fewer babies, slow economy cut demand
China is awash in unwanted milk as falling birth rates and cost-conscious consumers have cut demand even as dairy farms ...
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