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,
Cutting interest rates in China is irrelevant for its economy right now: Peter Boockvar
Peter Boockvar of Bleakley Financial says China needs time to work through the problems facing its economy, and with market sentiment being so bearish, it is time to start looking for positive catalysts.
Mercedes-Benz cuts margin outlook on weak Chinese market, shares fall
Mercedes-Benz cut its full-year profit margin target for the second time in less than two months, joining a growing number of rivals that are blaming a weakening Chinese car market, the world's largest.
Live news: Mercedes-Benz lowers full-year outlook on China’s economic ‘deterioration’
Mercedes-Benz lowered its full-year earnings outlook, blaming the weaker projections on China’s worsening macroeconomic conditions. The company on Thursday said its car division now anticipated the return on sales to be in the range of 7.
Mercedes-Benz slashes forecast from 11% to 7.5% amid China's economy downturn
Mercedes-Benz Group AG cut its financial forecast due to a rapid deterioration of its business in China, marking the latest blow to Germany’s struggling industrial sector.
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 ...
Longtime China bull Ray Dalio fears economy faces problems as severe as Japan in 1990
The founder of hedge fund Bridgewater warns a restructuring is necessary to tackle China's growing problem of local ...
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.
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 ...
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.
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 ...
New Hampshire Public Radio23h
China raises its retirement age to dull the impact of shrinking, aging economy
China is to gradually raise the retirement age for its workforce next year. The news is met with mixed reaction in the Chinese capital. (Story aired on All Things Considered on Sept. 16, 2024.) ...
China’s economy softens in August as Beijing continues to grapple with lagging demand
China’s economy softened in August, extending a slowdown in industrial activity and real estate prices as Beijing faces ...
Niutech at the Forefront: U.S.-China Circular Economy Forum Tackles "White Pollution"
On September 6, 2024, the inaugural U.S.-China Circular Economy Cooperation Forum was held in Beijing. The forum, guided by ...
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 ...
Asian stocks log modest gains as data show China's economy slowing further
Asian stocks have started the week with modest gains after U.S. stocks finished their best week of the year, approaching ...