China – Page 8

China Begins To Subsidize Auto Purchases To Revive Collapsing Sales

February 18, 2020 by Jonathan Custer

A China Automobile Dealer’s Association poll shows that dealers predict a drastic drop in sales of 50% to 80% this month, compared to February 2019. 70% of dealers have said they have seen “almost no customers” since the end of January. As China remains on lockdown due to the coronavirus, some Chinese cities are beginning …

COTD: Covid-19 Risk To Manufacturing

February 15, 2020 by Jonathan Custer

COTD – Chart of the Day The holiday is over, but few people are back in offices and factories…the effects of covid-19 will be like those of SARS in 2003: a sharp shock to Chinese growth, followed by a strong rebound. But SARS may not be a reliable guide. China’s economy accounts for 16% of GDP …

What Foxconn’s Factory Delay Means for Apple’s iPhone – Video

February 10, 2020 by Jonathan Custer

Feb.10 — Daniel Ives, managing director at Wedbush Equity Research, discusses the potential market and business impact of Hon Hai Precision Industry Co. postponing resumption of production at its main iPhone-making unit due to the ongoing effects of the coronavirus. He speaks with Bloomberg’s Jonathan Ferro on “Bloomberg The Open.”