Latest news with #AllenWan


Bloomberg
8 hours ago
- Politics
- Bloomberg
Xi Keeps Iran at Arm's Length as Middle East Conflict Deepens
Hello, this is Allen Wan in Shanghai. As President Donald Trump contemplates a US strike against Iran, marking a potentially dangerous turn in the war, his country's chief rival has maintained a fairly low profile.


Bloomberg
11 hours ago
- Business
- Bloomberg
The Fight in China's $80 Billion-Plus Food Delivery Market
Does China have the world's best and cheapest food delivery apps? As revives its fight in the country's $80 billion-plus food delivery market, Bloomberg's Allen Wan puts three apps to the test to see who will deliver his Shake Shack lunch order the fastest. (Source: Bloomberg)


Bloomberg
07-04-2025
- Business
- Bloomberg
China Dusts Off Doomsday Plans After Trump's Tariff Barrage
Hi, this is Allen Wan in Shanghai, where the selloff ignited by the Trump administration's sweeping tariffs hammered markets that were closed for a holiday on Friday. On Monday, China's benchmark CSI 300 Index plunged 7.1% to its lowest level since September last year, while the yuan whipsawed. The damage came after the government of Xi Jinping responded to Donald Trump's move with commensurate levies on all American goods and export curbs on rare earths.