by Malik Runswick | May 28, 2020 | Business News
TikTok’s poaching of Disney’s Kevin Mayer to be its CEO was just the most visible part of a broader strategy by its Chinese owner to shift its centre of power away from China at a time of rising global tensions, several people familiar with the plans said.
The short video app’s […]
by Malik Runswick | May 8, 2020 | Business Education
BEIJING—The top trade negotiators for the U.S. and China talked on the phone Friday, pledging to create favorable conditions for the phase one trade deal, China’s state-run Xinhua News Agency reported. Chinese Vice Premier Liu He was invited to speak with U.S. Trade...
by Malik Runswick | May 8, 2020 | Business Ideas
BEIJING—China has just suffered its first quarter of economic contraction since the 1970s. Millions of jobs have been lost, and the coronavirus pandemic has hampered businesses for more than three months. So where is the economic stimulus? China has yet to match the...
by Malik Runswick | Apr 29, 2020 | Business News
Apple’s move to cut prices on the iPhone 11 in China and the release of budget iPhone SE could give the company an advantage over rivals as consumer electronics companies face plummeting demand related to the coronavirus pandemic. Sales of Apple’s iPhone were up 21%...
by Malik Runswick | Apr 17, 2020 | Business Education
BEIJING—China’s economy shrank 6.8% in the first three months of 2020 compared with a year earlier, the first such contraction since Beijing began reporting quarterly gross domestic product in 1992. The collapse foreshadows the pain expected in the U.S. and around the...
