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China was seen as a gold mine for Western tech companies but now they are leaving there empty-handed - 15-Jul-2022

US billionaires once believed the ""sky would be the limit"" when it came to making money in China, however, in recent months, several tech giants — including Amazon's Kindle and Airbnb — have joined a growing exodus from the country.
New York United States Xiaofeng Luo Nathan Biecharczyk Jack Welch Kendra Schaefer

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China's consumers keep their wallets in lockdown as COVID curbs ease | Hellenic Shipping News Worldwide

China’s sputtering economy has a lot riding on its consumers, who are just now emerging from lockdowns in Shanghai and other big cities. But those hopes are running up against the likes of Wu Lei, a soccer coach in Beijing who has put off buying a new mobile phone. “I’ve lost the lion’s share of ...
United States Jia Kang Yao Yang Lin Yifu David Kirton Tony Munroe

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