Elon Musk’s electric car company reported a drop in sales in the first three months of the year, and its profit margin has been falling for months.
Category: Shanghai (China)
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Why Elon Musk Needs China
Mr. Musk helped create China’s electric vehicle industry. But he is now facing challenges there as well as scrutiny in the West over his reliance on the country.
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Has China Lost Its Taste for the iPhone?
Apple has deep ties in the country, its second-largest market. But there are signs that Chinese consumers are becoming a harder sell.
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As China’s Markets Stumble, Japan Rises Toward Record
A change in perception among investors about China and Japan is one of the biggest themes in the markets right now.
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Hong Kong Stocks Sink 4 Percent as China’s Economy Scares Investors
Pessimism among investors was most pronounced in Hong Kong, where stocks have plunged by nearly 10 percent so far this year.
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For China’s Jobless Young People, Hostels Are the Place to Be
Chinese backpacker hostels offering bunk beds for a few dollars a night have become hubs for the anxiety and ambitions of job-seeking youth.
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Liu Yiqian, China’s Top Art Collector, Is Selling a Modigliani
Liu Yiqian made global headlines in 2014 and 2015 by paying top prices for paintings and antiquities but is starting to liquidate some of his artworks.
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How China’s Property Crisis Is Testing Its Too-Big-to-Fail Banks
Banks hold enormous amounts of real estate debt, and regulators are nervous. But a fast-moving crisis is unlikely because the government has extensive control of the system.
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China’s Economic Outlook: Pep Talks Up Top, Gloom on the Ground
Beijing has characterized concerns about the economic slowdown as being inflated by Western critics. Widespread anxiety and pessimism paint a different picture.
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She Rose From Poverty as China Prospered. Then It Made Her Poor Again.
Sun Junli is one of many small-business owners, the backbone of China’s economy, who lost everything to a change in government policy.
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Chinese Workers Confront the Curse of 35
It’s widely discussed in China: Employers don’t want you after 35. Some job listings say it plainly, leaving a generation of prime-age workers feeling defeated.