Nike’s CEO John Donahoe said the company is “really focused” on Gen Z consumers in China and aims to see inventory levels normalized by the end of the fiscal year.
European nations agreed to recommend imposing new restrictions on travelers from China amid fears of an increase in Covid cases.
Employment number Friday. Federal Reserve should move if we don’t get above 4% unemployment and wages don’t fall.
From customer service to the entertainment industry, businesses in China are paying up big bucks for virtual employees.
It’s unlikely that a dangerous new Covid-19 variant is spreading in China, said Dr. Chris Murray, director of the Institute for Health Metrics and Evaluation.
The U.S. in particular is worried that a new Covid variant could emerge in China as the virus spreads widely and rapidly.
Mainland China’s reopening came sooner than expected for investors, and Goldman Sachs warns it will bring a short-term strain in workforce and supply chains.
Some countries announced new Covid testing requirements for visitors from China after the mainland said it would finally relax border controls.
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