Apple’s Greater China region – covering the mainland, Hong Kong, Taiwan and Macau – contributed US$15.8 billion to its total net sales of US$81.8 billion in the June quarter.
Monthly Archives For August 2023
China Bank profit rises to P11 billion
Earnings of China Banking Corp. went up by seven percent to nearly P11 billion in the first semester on the back of higher revenues and lower credit provisions.
Exclusive: China, Saudi in talks for ETF cross-listings to bolster financial ties
China and Saudi Arabia’s stock exchanges are in talks to allow exchange-traded funds (ETFs) to list on each other’s bourses, three sources familiar with the matter said, as the countries look to …
US, China consider setting up working groups: FT
Three potential working groups are seen as opening the door to easing tensions between the two competitive nations, The Financial Times reported.
Hackers Hit Curve, China Announces Blockchain Link and Is FTX Back?
Host Angie Lau takes a deep dive into the DeFi world as the nearly $52 million exploit of Curve Finance stirred up trouble in the space. Plus, Shanghai’s plan to build a blockchain infrastructure hub…
Flooding in China worsens, prompting thousands to evacuate
Thousands were told to evacuate in northeastern China as the country anticipates more life-threatening deluges. At least 20 people reportedly died due to the storms.
Anger Builds in Towns Deliberately Flooded, in Part, to Save Beijing
A provincial leader set off an outcry by urging cities to serve as a “moat” for the capital, as diverted floodwaters sent scores of residents fleeing.
Biden order curbing investment to China expected next week-sources
President Joe Biden is expected to issue his long-awaited executive order to screen outbound investments in sensitive technologies to China early next week, according to people familiar with the matter.
China’s digital yuan ‘at forefront globally’, former central bank governor Yi Gang says
Yi Gang, who was replaced by Pan Gongsheng as the head of the People’s Bank of China (PBOC) at the end of last month, gave two recent lectures in Beijing and Singapore He said the…
China to relax internal migration rules to kickstart economy
Changes to hukou urban quotas will offer easier access to education, healthcare and other benefits
Iowa Farmers Accuse China of Stealing American Seeds
Members of the House committee on the CCP met people in rural Dysart on Thursday to discuss the “ongoing attempts to steal America’s agriculture technology.”
China Wants Children to Spend Less Time on Their Smartphones
A proposal from the country’s internet regulator would require app developers and device makers to adopt a “minor mode” to limit screen time and content for young people.
Anger in China over plan to use cities as ‘moat’ to save Beijing from floods
Communist party secretary for Hebei, which borders capital, made comments after visiting flooded areas earlier this week
