China’s trade shifts away from U.S., even in Yiwu

This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. The big story Three young boys eating lollipops joined me on the elevator inside the five-story Yiwu “International Trade Market,” which ships the majority of the world’s Christmas decorations. The kids ran out before…

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Nvidia violated anti-monopoly law, will continue investigation

China is one of Nvidia’s largest markets, particularly for data centers, gaming and artificial intelligence applications. Avishek Das | Lightrocket | Getty Images China’s market regulator on Monday said that Nvidia violated the country’s anti-monopoly law, according to a preliminary probe, adding that Beijing would continue its investigation into the U.S. chip giant. Shares of…

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China’s economy slowdown deepens in August with retail sales, industrial output missing expectations

Shanghai Bund skyline panorama Yangna | E+ | Getty Images China’s economic slowdown deepened in August with a raft of key indicators missing expectations, as weak domestic demand persisted and Beijing’s campaign against industrial overcapacity curbed output. Retail sales last month rose 3.4% from a year earlier, data from the National Bureau of Statistics showed…

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