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Swedish battery maker Northvolt files for bankruptcy - China Company News
Company

Swedish battery maker Northvolt files for bankruptcy

Northvolts major stakeholders include Volkswagen Group investment bank Goldman Sachs and Swedish insurance company Folksam.
The future of robotics forged in Shanghai - China Industry News
Industry

The future of robotics forged in Shanghai

Industry analysts including Goldman Sachs and Morgan Stanley have highlighted Chinas strong hardware and manufacturing capabilities but identified a need for advancements in ecosystems...
From soccer to sewing, humanoids blur the line between man and machine - China Tech News
Tech

From soccer to sewing, humanoids blur the line between man and machine

Goldman Sachs analyst Jacqueline Du however have more cautious attitude. He pointed that humanoid robot is a long way to go on the job after visiting Unitree this month. At least...
US tariffs to thwack European economy: report - World News
World

US tariffs to thwack European economy: report

Goldman Sachs recently predicted that the euro to dollar exchange rate will drop below parity within the next year possibly reaching 0.97 to 1.
China developed diabetes drug highlights biopharma surge - China Biopharma News
Biopharma

China developed diabetes drug highlights biopharma surge

According to Goldman Sachs Chinas biotech sector is gaining global recognition with Chinese firms now playing an important role in international expansion.
Foreign institutions upbeat about Chinese economy as supportive policies take effect - China Economy News
Economy

Foreign institutions upbeat about Chinese economy as supportive policies take effect

UBS has raised its China 2024 growth forecast to 4.8 percent from 4.6 percent while Goldman Sachs lifted Chinas GDP growth prediction this year from 4.7 percent to 4.9 percent....
New housing market rules take effect: 'a golden time to buy or sell a home' - China Property News
Property

New housing market rules take effect: 'a golden time to buy or sell a home'

We are finally at an inflection point of the ongoing downward spiral in the housing market wrote Yi Wang who heads up the China real estate team at Goldman Sachs Research.
With 10 years of fast growth in the rear view mirror, Nio braces for a tough road ahead - China Auto News
Auto

With 10 years of fast growth in the rear view mirror, Nio braces for a tough road ahead

Goldman Sachs however downgraded Nio to sell from neutral citing lukewarm order momentum slow production ramp up and delivery and intensifying market competition.
Xi advocates high-quality development of greater BRICS cooperation at milestone summit - World News
World

Xi advocates high-quality development of greater BRICS cooperation at milestone summit

The term BRIC was initially coined in 2001 by Jim ONeill former chief economist at Goldman Sachs as an investment concept referring to emerging market economies of Brazil Russia...
A shares surge in post-holiday morning trade - China Money News
Money

A shares surge in post-holiday morning trade

According to Goldman Sachs latest analysis the Chinese stock market is overweight as recent stimulus measures have boosted confidence Chinese equities valuations are below historical...