Tag: China

Wynn Beats Earnings and Revenue Expectations. Why a Macau Recovery Is Worth a Bet.

Wynn Resorts provided more evidence of a strong Macau casino comeback ahead as the company beat earnings and revenue estimates in the first quarter.

China’s car sales rise 2.1% in April as price war effect fades

China’s passenger vehicle sales rose by 2.1% in April from a month earlier, industry data showed, underscoring a slower pace of growth as the stimulus effect of price cuts and incentives faded.

China’s exports rose 8.5%, continuing its growth streak at a slower pace

China’s exports grew 8.5% in April in U.S. dollar terms, marking a second-straight month of growth, while imports fell 7.9% compared with a year ago.