News

China’s GDP data suggests stagnation for the world’s 2nd biggest economy

L. R.

15 July 2024 - 14:53

China’s GDP disappointed expectations, suggesting even worse times to come.

China’s "time bomb": its $13 trillion local debt

Money.it

15 July 2024 - 13:00

Last year, the central government allowed local governments to raise about 1 trillion yuan ($140 billion) through bond sales to repay their LGFV debts.

Tesla postpones Robotaxi event as Musk piles empty promises

L. R.

12 July 2024 - 17:22

Tesla’s Robotaxi event will take place in October, but the markets don’t trust Musk’s empty promises anymore.

Samsung strikes are alarming the world economy

Money.it

12 July 2024 - 13:00

Samsung warns of an indefinite strike over requests for bonuses and salaries. Why could the chip giant’s unprecedented protest be a global threat?

China’s exports rise to 40-year record: highs and lows of the Chinese economy

L. R.

12 July 2024 - 12:40

Although exports are rising like never before, China’s economy is in deep waters on every other front.