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27.02.26 - 23:18
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Nach China-Besuch: Gelang Deutschland der Balanceakt? (DW)
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Die Bilanz der erste Chinareise von Bundeskanzler Friedrich Merz übertrifft sogar die hohen Erwartungen der deutschen Wirtschaft. Allerdings bereiten weiter das massive Handelsdefizit und die Überkapazitäten Chinas große...
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27.02.26 - 22:48
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Top Nike Distributor Sounds Profit Alarm As BNP Says China Remains "Red Flag" (ZeroHedge)
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Top Nike Distributor Sounds Profit Alarm As BNP Says China Remains "Red Flag"
Nike has reported declining quarterly sales in China, where demand remains under pressure from mounting macroeconomic headwinds, and the brand continues to lose market share to newer competitors. This weakness has dented the shoemaker's broader turnaround efforts and suggests a much-needed reset in the Chinese market.
The stock is down 65% from its 2021 peak and is now trading at 2017 levels, as investors hope management will accelerate a turnaround plan to reverse this devastating multi-year bear market. However, a profit warning from a major distribution channel and commentary from BNP Paribas analyst Laurent Vasilescu only suggest more trouble ahead.
On Friday, Pou Sheng, a major distribution and retail channel for Nike in Greater China, warned that its 2025 attributable profit will likely plunge 57% year over year to RMB 211 million, while revenue is expected to decline 7.2% to RMB 17.1 billion.
Management blame...
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27.02.26 - 16:12
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Neue Industriepolitik: Linke nehmen sich China zum Vorbild (N-TV)
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Was ist linke Wirtschaftspolitik in Zeiten, in denen nur wenige den Sozialismus herbeisehnen? Mit einer neuen industriepolitischen Strategie sucht die Linke Anschluss über die Partei hinaus - und stützt sich dabei auf den Boom der deutschen Rüstungsindustrie und China....
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27.02.26 - 15:30
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Chinese chip firms Cambricon, Moore Threads post sales jump on surging domestic demand (SCMP)
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Chinese chip designers from Cambricon Technologies and Moore Threads Technology to MetaX Integrated Circuits posted stellar earnings on Friday, driven by growing demand for domestic semiconductors amid Beijing's tech-sufficiency push.
Beijing-based Cambricon, seen as a local alternative to US chip giant Nvidia, reported a net profit of 2.06 billion yuan (US$301 million) for 2025, its first full-year profit since listing in 2020, according to a filing to the Shanghai Stock Exchange.
Revenue for......
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27.02.26 - 10:54
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UK Locks In Critical Minerals Deal With Kazakhstan To Cut Reliance On China (ZeroHedge)
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UK Locks In Critical Minerals Deal With Kazakhstan To Cut Reliance On China
UK Foreign Secretary Yvette Cooper has unveiled a critical minerals agreement with Kazakhstan on Thursday as Western governments move to shift supply chains away from China, moving ahead on London's plans to diversify its critical mineral sourcing.
This after the British government in its Critical Mineral Strategy published last year identified Kazakhstan as producing 22 of the 36 minerals identified in the report as vital and needed by Britain.
via Associated Press
Britain's top diplomat is hosting foreign ministers from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan at Lancaster House in London - and Beijing officials are no doubt watching closely from afar.
"Central Asia is an important region with huge potential to boost economic growth," Cooper said in a statement to Politico. "These agreements deliver for British businesses, strengthen economic security and are a clear demonst...
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