But that growth was driven by Europe (up 8.4%) and Asia-Pacific (up 5.2%). By contrast, US M&A during the first two months of 2025 fell to its lowest level in over two decades, per Dealogic. Companies struck 1,172 deals worth $226.8 billion, roughly one-third less YoY by both volume and size.
China鈥檚 struggling economy will continue to frustrate retailers in 2025: We expect retail sales to grow just 3.5% in the absence of stimulus measures to boost consumption and sentiment.
Amazon isn鈥檛 taking Temu鈥檚 attempt to lure its sellers lightly: The retailer is offering China-based merchants incentives to drop Temu listings, an approach that led Anker to pull its products.
China takes baby steps to address its consumption problem: Beijing will expand its trade-in program to include consumer electronics as it avoids committing to comprehensive stimulus measures.