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Elaine Kurtenbach

Elaine Kurtenbach

The Diplomat

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China’s domestic auto sales tumbled in July but exports jumped 20% as EV makers turned focus abroad

More than half of all vehicles sold were so-called “new energy vehicles,” or electrics and plug-in hybrids.

09.08.2024 9

Fortune

Elaine Kurtenbach

The Nikkei 225 index jumps almost 11% on Tuesday, one day after Japan’s worst stock plunge since 1987

Other markets in Asia also recovered, appearing to settle somewhat after the rollercoaster ride that started the week.

06.08.2024 10

Fortune

Elaine Kurtenbach

China’s Economy Slowed Last Quarter as Weak Consumer Demand Dragged on Growth

The second quarter’s 4.7 percent growth was far below the 5.3 percent pace seen in the first quarter of 2024.

15.07.2024 9

The Diplomat

Elaine Kurtenbach

China’s GDP growth slowed last quarter to 4.7%, below forecasts, as ‘insufficient’ domestic demand takes a toll on the economy

Chinese leaders are gathering this week for a key policy meeting that's expected to focus on long-term economic strategy.

15.07.2024 10

Fortune

Elaine Kurtenbach

China’s BYD expands its reach into Southeast Asia as it inaugurates first EV plant in Thailand

The new factory in Rayong, south of Bangkok, was built in just 16 months and has an annual production capacity of 150,000 vehicles.

04.07.2024 10

Fortune

Elaine Kurtenbach

China’s factory slowdown continues as new export orders falter after EU and U.S. announce plans to increase EV tariffs

The China Federation of Logistics and Purchasing's official purchasing managers index, or PMI, remained at 49.5, the same as in May, on a scale up to...

01.07.2024 20

Fortune

Elaine Kurtenbach

Asia needs better education and social safety nets to grow rich as aging and AI threaten livelihoods, UN says

The ratio of people in Asia aged older than 65 to those 15–64 years old is projected to double to nearly a third by 2050 from about 15% in 2023, the...

28.05.2024 40

Fortune

Elaine Kurtenbach

World Bank: Debt, Trade Barriers and Uncertainty Will Drag on Asian Economies in 2024

A new World Bank report says Asian economies are not doing as well as they could be.

02.04.2024 10

The Diplomat

Elaine Kurtenbach

Asian economic region is ‘underachieving its own potential,’ World Bank says

The World Bank projects the region's economy slowing to 4.5% this year from 5.1% in 2023.

01.04.2024 20

Fortune

Elaine Kurtenbach

Chinese EV Makers Challenging Market Leaders at Auto Show in Bangkok

Companies like BYD, XPeng and Great Wall Motors are quickly growing their sales in Thailand, challenging longstanding market leaders.

27.03.2024 10

The Diplomat

Elaine Kurtenbach

China’s uncertainty and ‘draconian regulations’ have drastically raised risks for foreign businesses in the country, European business group says

A lengthy paper by the European Union Chamber of Commerce in China urges China’s leaders to do more to address concerns that it says have “grown...

20.03.2024 20

Fortune

Elaine Kurtenbach

China Names a New Stock Regulator in a Bid to Soothe Markets

Wu Qing, a former chair of the Shanghai Stock Exchange with a reputation for being tough on market misbehavior, is the new head of the China...

08.02.2024 6

The Diplomat

Elaine Kurtenbach

China approves 105 online video games, days after proposed curbs wipe out billions of dollars in market value

Draft guidelines for curbs on online gaming had caused share prices of video game makers like Tencent and Netease to plunge on Friday.

26.12.2023 10

Fortune

Elaine Kurtenbach

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