Wish's new owner faces steep competition from Chinese discount retailers Temu and Shein, which have been on an ad-spending blitz to attract American shoppers.
China cannot be treated as un-investable despite economic difficulties and there are still investment opportunities in the country, a JPMorgan strategist says.
Investors are closely watching China, whose stock market gyrations, deflation problem and property woes are casting a shadow over global growth outlook.
High inflation has prompted some food companies to shrink the size of their products. President Joe Biden is calling for them to put a stop to that practice.
Trump's comments have thrust the Republican front-runner into the center of a political storm and sent shockwaves throughout the Western military alliance.
Saudi state-controlled Aramco suspended its capacity expansion plans because of the green transition, Saudi energy minister Abdulaziz bin Salman said Monday.