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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.
China unexpectedly leaves key rates unchanged
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 Reserve’s larger-than-expected interest rate reduction earlier this week.
China unexpectedly leaves lending benchmark LPR unchanged
China unexpectedly left benchmark lending rates unchanged at the monthly fixing on Friday, despite the Federal Reserve delivering an outsized interest rate cut earlier this week.
China unexpectedly leaves benchmark lending rates unchanged after Fed's jumbo cut
The People’s Bank of China (PBOC) said it would keep the one-year loan prime rate (LPR) at 3.35%, as well as the five-year LPR at 3.85%.
35m
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.
3h
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 ...
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 ...
1h
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 ...
15h
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 ...
11h
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 ...
3d
on MSN
Is there still hope for China’s economy?
China's economy continues to slow down as industrial output, retail sales, and property investment decline, casting doubt on ...
2d
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.
2d
The Future Creator Economy: Lessons From China's Social Media Success
As social media continues to evolve, understanding the differences between the U.S. and Chinese markets is becoming more ...
1h
China's last-ditch attempt to revive housing sector may involve easing many strict 'limitations'
The housing market downturn continues to weigh heavily on China’s economy, with real estate sales and prices continuing to ...
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