Demand for luxury goods in mainland China is falling. The country’s economy is slowing down, and some shoppers are rethinking their luxury purchases. But economic headwinds aren’t the only factor
SEAL Team 6 is reportedly readying for a potential Chinese invasion of Taiwan. SEAL Team 6’s small size and skillsets likely limit its role, though it would still have a
China’s GDP grew 4.6% in the third quarter — its slowest pace of growth in six quarters. The People’s Bank of China triggered two market support programs after China announced
US efforts to produce semiconductor chips will continue regardless of who wins the election. Harris and Trump think domestic chip production is key for economic and national security reasons. Policy
LVMH reported a 3% decline in sales in its most recent quarter. The drop is driven by decreased demand from Chinese consumers, affecting luxury sales. Investors were disappointed when Beijing
Over 150 Chinese warplanes flew around Taiwan on Monday. The record-breaking single-day development occurred during China’s massive war games. Beijing said the exercises were meant to test joint military capabilities
European car CEOs criticize EU tariffs on Chinese EVs, urging learning from rivals. EU plans tariffs up to 35% on Chinese EVs, fearing market disruption by cheap imports. Stellantis partners
A new VTOL drone designed to fly at six tons was just completed in China, per a local report. The Lanying R6000 is meant to take up to 10 passengers,
China’s thrifty consumers are boosting Asian companies with wallet-friendly offerings. Companies like Japan’s Saizeriya, Yum China, and Fast Retailing have recently reported strong sales. China is in a prolonged economic
A satellite image shows China’s two operational aircraft carriers docked together. Liaoning and Shandong were pier-side at Sanya Naval Base on Hainan Island in the South China Sea. Both carriers
