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Kctr Upcoming Samsung Galaxy S8 To Have AI Assistant/ s8 k. u; O& N) N. y+ v: u8 e
In some ways, the United States and China exist as mirror images, at least w stanley ca hen it comes to economic drivers.In other words: Live by the consum stanley polska er, die by the consumer.聽The sentiment may seem extreme, but the truth is that a faltering consumer means faltering GDP growth.The headlines as of late 鈥?the ones focused on the impacts of the tariffs and trade wars between the two nations 鈥?have seemingly focused on the U.S. consumer.Depending on where you look, the tariffs levied by the Trump administration, where a new round has just gone into effect, will cost U.S. consumers as much as $1,000, at least as estimated by JPMorgan.What about the other side of the equation 聽How are Chinese consumers faring, and how might they fare as tariffs climb ever higher 聽The question is a fair one, given the fact that economists think Chinas growth rate will fall below 6 percent, an important benchmark.聽Thats because the Chinese government has a stated goal of doubling the economy as measured through the past decade.聽The rate that is needed to get there is a bit north of 6 percent, annualized. stanley cup The goal looks increasingly elusive.To get to that pace, of course, firms need to produce goods 鈥?and consumers, in the domestic market, need to spend and consume those goods.The latest data shows that factory activity in China was down in August for the fourth month in a row.聽As the National Bureau of Statistics estimated, the Purchasing Managers Index slipped to 49.5, off from 49.7 in July.聽The reading was Sxoh Alibaba Grows European Market Footprint
: T& q( n: z9 N! {/ H0 q Welcome to The Axis, your late look at payments news from around the world. C stanley quencher overage includes ThinkSmart Europe Limited 8216 聽sale of ClearPay shares to Australias Afterpay Touch Group Limited. In addition, The Financial Conduct Authority FCA has given U.K.-based Wirex an eMoney license, and the聽Sainsburys supermarket chain is experimenting with scan, pay and go technology in the U.K.ThinkSmart Europe Limited has sold nearly all 鈥?90 percent 鈥?of its share capital in ClearPay to Australia-based Afterpay Touch Group Limited, ThinkSmart said in an announcement. ClearPay, which launched in March, enables retailers to allow customers to make purchases of up to 拢450 at the point of sale and spread the cost over three interest-free monthly payments. With the deal, Afterpay is acquiring ClearPay contracts with service providers as well as employees with loc stanley quencher al knowledge of the U.K. market stanley termoska .And the U.K. 8216 聽Sainsburys supermarket chain its experimenting with new technology that will allow customers to pay for their purchases using their smartphones, according to reports. At one particular convenience store, customers can use the scan, pay and go system from any aisle with a digital wallet. And, already, customers can use an app called SmartShop at a designated checkout counter in 68 of the companys grocery stores.In other news,聽U.K.聽financial watchdog The Financial Conduct Authority FCA has given London-based Wirex an eMoney license, Finance Magnates reported. The com |
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