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Mercedes-Benz, China
Mercedes-Benz cuts guidance on slump in China’s economy
Mercedes-Benz Group shares fell 8% on Friday after the German carmaker made another cut to its full-year guidance, citing a slowdown in car sales caused by a slump in China’s economy.
Cutting interest rates in China is irrelevant for its economy right now: Peter Boockvar
Peter Boockvar of Bleakley Financial says China needs time to work through the problems facing its economy, and with market sentiment being so bearish, it is time to start looking for positive catalysts.
Mercedes-Benz cuts margin outlook on weak Chinese market, shares fall
Mercedes-Benz cut its full-year profit margin target for the second time in less than two months, joining a growing number of rivals that are blaming a weakening Chinese car market, the world's largest.
Mercedes Cuts Earnings Outlook as Auto Sales in China Falter
Mercedes-Benz Group AG cuts its financial forecast for the year as the luxury-car maker cited a rapid deterioration of its business in China.
Mercedes-Benz slashes forecast from 11% to 7.5% amid China's economy downturn
Mercedes-Benz Group AG cut its financial forecast due to a rapid deterioration of its business in China, marking the latest blow to Germany’s struggling industrial sector.
3h
on MSN
Analysis-China dairy farms swim in milk as fewer babies, slow economy cut demand
China is awash in unwanted milk as falling birth rates and cost-conscious consumers have cut demand even as dairy farms ...
Opinion
1d
on MSN
Opinion
China’s war on the Western economy will be devastating
The increasingly dire state of the Chinese economy is driving an unprecedented increase in capital flight. Much of this is ...
3d
China’s economy may be slowing, but Beijing isn’t budging
Despite the challenges, China’s policymakers have seemed unwilling to deploy a stimulus package to jumpstart growth.
1d
China to ramp up policy steps to revive economy but no 'bazooka' stimulus seen
Chinese policymakers will likely step up measures to at least help the economy meet an increasingly challenging growth target ...
2d
China’s ‘Silver Economy’ Is Thriving as Birthrate Plunges
The shrinking population poses threats to growth but has opened opportunities for businesses that serve seniors.
2d
The Future Creator Economy: Lessons From China's Social Media Success
As social media continues to evolve, understanding the differences between the U.S. and Chinese markets is becoming more ...
5d
on MSN
China’s economy softens in August as Beijing continues to grapple with lagging demand
China’s economy softened in August, extending a slowdown in industrial activity and real estate prices as Beijing faces ...
31m
Niutech at the Forefront: U.S.-China Circular Economy Forum Tackles "White Pollution"
On September 6, 2024, the inaugural U.S.-China Circular Economy Cooperation Forum was held in Beijing. The forum, guided by ...
6h
China dairy farms swim in milk as fewer babies, slow economy cut demand
China is awash in unwanted milk as falling birth rates and cost-conscious consumers have cut demand even as dairy farms ...
3d
on MSN
Global stocks are mixed as data show China's economy slowing further
HONG KONG -- Global stocks were mixed on Monday after U.S. stocks finished their best week of the year, approaching record ...
1h
China halts IPOs of three major bubble tea chains after shares of rivals plunge, sources say
Bubble tea makers face fierce competition as Chinese consumers tighten their belts in a slowing economy. Read more at ...
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