#china

China Growth Drives Overall Performance Adidas reported a 9% increase in currency-neutral sales in Greater China for Q3, reaching 946 million euros ($1.02 billion), compared to 870 million euros a year prior. The brand’s significant rebound in China underscores its ability to capitalize on local...

Overview: Tesla has announced plans to launch its full self-driving (FSD) technology in China and Europe by the first quarter of 2025. The move is part of Tesla’s broader strategy to expand its advanced driver assistance systems globally. Regulatory Progress: China: Tesla has made notable...

In a significant move to stabilize its financial markets, China's central bank, the People’s Bank of China (PBOC), has intervened in the government bond market, ending months of speculation about potential measures to curb an overheating bond rally. The PBOC executed a strategic operation...

MSCI has taken significant action by removing 60 Chinese securities from its global indexes and adding seven Indian securities, with these changes set to take effect on August 30, 2024. This latest adjustment is part of a broader trend observed this year, where MSCI has been steadily reducing...

IBM is set to shut down its hardware research and development team in China, a move attributed to escalating geopolitical tensions between the U.S. and China. This closure will impact fewer than 1,000 employees, with job functions being transferred to other countries, particularly India. The...