Economy News Apple, Google Profits Squeezed On China, Sluggish Economies Al Jazeera English
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China’s Economy Slows Broadly Even as Exports Keep Rising
Officials blamed U.S. “protectionism” for the dismal July data, but growth was likely held back by real estate and new policies aimed at slowing factory investments. By Keith Bradsher Reporting from ... Read More
A New Challenge for China’s Economy: ‘Involution’
China is gripped by an insidious problem that is eroding its economy: It is trapped in a cycle of competition so fierce that it is destroying profits, driving a brutal rat race among workers and ... Read More
China's industrial profits rebounded sharply in August. Here's what powered that growth
China's industrial profits rebounded as Beijing pushes to rein in excess supply and curtail price wars. Profits soared 20.4% in August from a year earlier, reversing three months of consecutive ... Read More
Apple's shipments in China rise on iPhone 17 boost; sluggish demand hurts Huawei, Xiaomi and Vivo — details here
Apple's shipments in China have risen, despite sluggish demand in the country's smartphone market, according to data issued by research firm IDC on Wednesday. Shipments for the US tech giant grew 0.6% ... Read More
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