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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.
14m
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 ...
42m
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 ...
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 ...
11h
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 ...
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 ...
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 ...
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 ...
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 ...
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.
Opinion
1d
on MSN
Opinion
China’s war on the Western economy will be devastating
The increasingly dire state of the Chinese economy is driving an unprecedented increase in capital flight. Much of this is ...
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