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China Holiday Data Show Slower-Than-Expected Economy Rebound - Vimarsana News

China Holiday Data Show Slower-Than-Expected Economy Rebound

(Bloomberg) -- Chinese consumers traveled and spent less over the Golden Week holiday than the government had hoped, while lukewarm home sales stirred concerns about whether more support will be needed to bolster economic growth.Most Read from BloombergIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionIsrael Latest: Over 1,100 Dead as Conflict Enters Third DayAs Israel-Hamas War Rages, Oil Traders Focus on IranIsraelis Taken Hostage Were Ripped From Everyday ActivitiesOil Surges as Hama

Source: yahoo.com
Top Chinese scientist questions India moon landing: 'It's wrong!' - Vimarsana News

Top Chinese scientist questions India moon landing: 'It's wrong!'

"The landing site of Chandrayaan-3 is not at the lunar south pole, not in the lunar south pole region, nor is it near the lunar south pole region.”

Chando Cosmetics Maker Jala Weighs $500 Million Hong Kong IPO, Sources Say - Vimarsana News

Chando Cosmetics Maker Jala Weighs $500 Million Hong Kong IPO, Sources Say

(Bloomberg) -- Jala Group, a Chinese cosmetics and skincare brand, is considering an initial public offering in Hong Kong that could raise as much as $500 million, according to people with knowledge of the matter.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Seeks to Broaden iPhone Ban to State Firms, AgenciesChina’s Cr

Source: yahoo.com
China deflation threat grows as companies cut prices to survive - Vimarsana News

China deflation threat grows as companies cut prices to survive

When China abandoned pandemic restrictions after three years of stringent controls, Nie Xingquan was expecting booming sales for his hand-made leather shoes. Instead, demand has been so poor that he’s had to cut prices 3 percent from a year ago and reduce his profits. It’s an ominous sign of the…

China Deflation Threat Grows as Companies Cut Prices to Survive - Vimarsana News

China Deflation Threat Grows as Companies Cut Prices to Survive

(Bloomberg) -- When China abandoned pandemic restrictions after three years of stringent controls, Nie Xingquan was expecting booming sales for his hand-made leather shoes. Instead, demand has been so poor that he’s had to cut prices 3% from a year ago and reduce his profits.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckMoody’s Cuts US Banks on Mounting Funding Costs, Office RiskEastern US Prepares for a ‘Potent’ Storm System: Weather WatchThe Global South B

Source: yahoo.com