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Economy News

China: Economic growth in is expected to decline

Due to the reemergence of Covid-19 in China, rising commodity prices, and shortages of semiconductors, the second quarter’s economic growth rate was forecast to fall more than 10 percentage points from the previous quarter. According to a survey of 15 domestic and foreign institutions conducted by Chinese business media Caixin on the 13th, the second […]
Economy News Shares Technology

Tesla showing powerful signs of growth

In comparison to the broader market this year, Tesla Inc (NASDAQ:TSLA) underperformed. Due to growing competition from traditional automakers, signs of a possible sales slowdown in China, and a persistent semiconductor shortage, investors are reluctant to invest in the world’s leading electric vehicle maker. Over the past month, there has been some indication that