Goldman says investors are looking for 'profitable' Chinese business growth overseas
Sluggish consumer demand in China has pushed many companies, such as electric car brands, to accelerate plans for entering other countries.
CNBC reports: Sluggish consumer demand in China has pushed many companies, such as electric car brands, to accelerate plans for entering other countries.
This business story centres on China.
Why it matters
Moves like this are watched by investors, employers and consumers because of their potential effect on markets and the wider economy.
Key details
- Location
- China · Asia
- Reported by
- CNBC
- First reported
- Key names
- Chinese
- Section
- Business
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at CNBCSpotted an error? Request a correction · How this summary was produced
Related Stories
China is bringing car production to EU
China has moved from exporting cars to bringing entire auto industry ecosystems, building up production capacity in Europe and boosting partnerships…
Why this little known Chinese chipmaker has caused a global stock rout
China's leading memory chipmaker CXMT has reportedly made progress on new designs.
Chip stocks slide after Broadcom boss likens AI investing to ‘casino’
Asian markets fall and Samsung shares tumble after its Chinese rival CXMT claims strong progress Business live – latest updates Shares in…
Visa gets Beijing's green light for bank card business after 40 years of working with China
The incremental approval comes as the U.S. and Chinese presidents are due to meet for a third time this year next month.
Singapore third-quarter GDP growth softens from four-year high but beats estimates
The GDP print beat expectations of a 5% growth from economists polled by Reuters.
Jim Chalmers denies Anthony Albanese rolled him over credit card payments for tax bills
After sustained criticism of the government’s handling of the ban on tax bills being paid by credit card, Chalmers last week announced…
How long will humans be needed for translation?
AI dominates the translation business, but for high-stakes work, humans are still needed.
Royal Mail losing 400 postal workers a week, says union
The CWU says more posties are leaving since a new delivery system was brought in, that it claims is not working in hundreds of offices.




