China is important to Apple in two ways. The first is for manufacturing, and the second is for sales. So far, the corporation has negotiated the tit-for-tat tech battle between the US and China admirably. However, it has expanded its reliance on the country in the process. Despite deteriorating US-China …
It’s an intriguing and slightly frightening thesis. Over the last 30 years, globalization has pushed down inflation around the world, as inexpensive imports from China have reduced the cost of clothing, toys, and technology for rich-country customers. But the world economy’s geopolitical fracturing is now jeopardizing all of that. Christine …
Even China Evergrande Group would be ashamed of the quick and furious decline it experienced. The largest shopping mall operator in the nation, Dalian Wanda Commercial Management Group Co, issued $800 million in bonds earlier this year. Since a record-breaking wave of defaults in 2022, this developer with a junk …