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Reuters BusinessDec 08, 2019
Oil prices stumble on weak China exports hangover
Oil prices fell on Monday after data showing China's overall exports of goods and services shrank for a fourth straight month, sending shivers through a market already concerned about damage being down to global demand by the Sino-U.S. trade war.

Yahoo BusinessDec 08, 2019
China November exports fall, but import growth hints of recovering demand
China's exports in November shrank for the fourth consecutive month, underscoring persistent pressures on manufacturers from the Sino-U.S. war but growth in imports may be a sign that Beijing's stimulus steps are helping to stoke demand. The 17-month long trade dispute has heightened the risks of a global recession and fuelled speculation that China's policymakers could unleash more stimulus as growth in the world's second-largest economy cooled to nearly 30-year lows. The better-than-expected import data may point to firming domestic demand after factory activity showed surprising signs of improvement recently, although analysts have noted the recovery could be difficult to sustain amid trade risks.

Forbes HeadlinesDec 08, 2019
China Tech Goes Global, Both Good And Bad
China tech is going global. This trend is one of the ongoing drivers of China's leap in technology from copiers to innovators.

MarketWatch MarketPulseDec 05, 2019
Nike shares jump premarket after Goldman upgrades to buy, says China is key growth driver
Nike Inc. shares rose 2.3% in premarket trade Thursday, after Goldman Sachs upgraded the stock to buy from neutral and added it to its Conviction List. "We believe Nike is a unique asset, where a strong brand combined with a disruptive and innovative strategy are positioning the business for multi year growth, expansion in margins, and higher returns on invested capital," analysts led by Alexandra Walvis wrote in a note to clients. A bottom up analysis of the company suggests China is a key growth driver for the sporting goods company and Goldman is expecting that Nike can grow revenue in China at a high teens pace. Direct-to-consumer is the biggest driver, reaching 50% of the region's revenue by 2023, according to Goldman estimates. The company can also expect support from growing purchasing power among younger consumers where the brand is clearly resonating. "Evidence of building pricing power, signs of operating leverage, accelerating shift to differentiated retail, sharply scaling app ecosystem, and a constructive global athletic growth backdrop," are the key motivations for the upgrade, said the note. Nike shares have gained 26% in 2019, while the Dow Jones Industrial Average , which counts Nike as a member, has gained 18.5% and the S&P 500 has gained 24%.

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