Analysts at Piper Sandler are predicting Apple will sell 9 million fewer iPhones in this quarter as a result of China’s continuing Covid struggles
The US Fed Chair’s dovish tone boosted the mood on trading floors while Beijing showed signs it was ready to roll back on some of its strict Covid rules
The astronauts are expected to conduct more than 1,000 scientific experiments – including studying how plants adapt in space
EV and hybrid carmaker BYD, which only began making vehicles in 2003, is on target to top the monthly sales chart in China for the first time
The US Commerce secretary says Washington needs to bolster its export controls and strengthen supply chains to challenge China’s “economic coercion”
Poor factory output numbers out of Japan and China dampened the mood on trading floors despite hopes Beijing might ease its Covid curbs
Speculation that Beijing was poised to start rolling back some Covid control measures in the wake of widespread protests boosted investor mood
Covid curbs protests across several Chinese cities unsettled investors, pushing indexes down and sending the US dollar surging again
The strike has seen container traffic at ports drop 19% and the country’s cement industry estimates its suffered an $28 million output loss
The Shanghai show of dissent comes after a deadly fire in Urumqi, the capital of China's Xinjiang province, where Covid curbs were blamed for hampering rescue efforts
Some analysts believe China's GDP could now contract this quarter and have cut their 2023 forecasts as lockdowns and curbs continue to take a toll
Skyroot Aerospace says it expects to be able to launch its first satellite next year at half of the cost of rival established launch outfits