Is China’s slowdown causing slowdown around the world or the reverse
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Alibaba CEO Says China Consumers Still Spending Despite SlowdownAlibaba posted its slowest quarterly revenue growth in nearly three years, prompting executives to try to dispel market concerns that the e-commerce giant is being hit by China’s economic slowdown. utyjackson Bull. Their singles day was a record for them this year: $38 billion in one day. Accelerated growth in MUAs and active consumer growth net increase of Chinese consumer in 2018 of 35 million. Tmall, Alibaba Cloud, Alibaba Pictures, and YoY growth of 41%. No slow downs. Changing tide
Source: WSJ - 🏆 98. / 63 Read more »
Oil falls on increased U.S. rig count, China industrial slowdownOil prices fell 1 percent on Monday after U.S. companies added rigs for the firs... Oil is going to retest 25usd this year
Source: Reuters - 🏆 2. / 97 Read more »
These are the sectors to avoid amid China's slowdown, analysts saySectors such as information technology, semiconductor, industrial and consumer discretionary have a large exposure to the Greater China market, said Margaret Yang, market analyst at CMC Markets. ImranKhanPTI MSG....avoid that More like... China is crashing, and they know it. It will greatly affect the World economy
Source: CNBC - 🏆 12. / 72 Read more »
China central bank approves S&P Global's entry into China's credit rating marketChina's central bank said on Monday it had approved the entry of S&P Global... Why? They helped caused 2008 subprime crisis by rating rubbish papers AAA. Central Banks is an Oxy Moron, if central means “one center” how can you have Banks? Wouldn’t it have been BANK
Source: Reuters - 🏆 2. / 97 Read more »
Semiconductor giants are sounding the alarm on soft China demand. Here's what they're sayingChina's slowdown is becoming a real headache for US semiconductor companies, prompting them to warn investors about soft sales in China. MH370
Source: BusinessInsider - 🏆 729. / 51 Read more »