Chinese economy shrinks

By Laura He, CNN Business China's gigantic services sector has just contracted at the second-fastest pace on record as Covid lockdowns hit businesses hard. The Caixin Purchasing Managers' Index, a closely watched indicator for…

Chinese economy shrinks

The Caixin Purchasing Managers' Index, a closely watched indicator for assessing the state of the economy, fell to 36.2 in April from 42 in March, according to a survey released Thursday by IHS Markit. A reading below 50 indicates…

China’s economy is collapsing

Data: FactSet; Graphic: Baidi Wang/AxiosThe biggest engine of global economic growth – China – has stalled as its “zero COVID” policy comes up against a massive virus outbreak and large-scale lockdowns.Why is this important: Many focus on…

Who are Kobe and Emily?

90 day fiance Season 9 will feature six new couples, including Kobe and Emily. Here's everything we know about the brand new couple! Kobe and Emily, '90 Day Fiancé' Season 9 | CCM Who are Kobe and Emily? Emily, 29, met…