New economic data is pointing to an economic slowdown in China, raising concerns that the nation’s post-COVID rebound may be hitting the skids.
Alibaba's decision to split into six entities has sent shockwaves throughout the tech industry in China. Markets have responded favorably as investors speculate that the move is a sign of easing regulatory tensions. Could this happen to other firms?
For the first time in its eighteen years as a publicly-traded company, Tencent revealed a fall in quarterly revenue yesterday. The Chinese economy’s slowdown as well as increased regulation may be the culprits.
Wednesday’s Asian trading was a mixed bag today as interest rate concerns troubled traders, and the gaming industry in China is facing significant government challenges.
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