In fact, state-owned China Mobile (0941.HK), on Thursday denied rumors about the company suspending the sales of iPhone models. Even so, Apple could withstand the measures being implemented as implied …
Monthly Archives For September 2023
China’s widening iPhone curbs roil US technology sector
Beijing’s widening curbs on iPhone use by government staff rattled Apple and other U.S. technology stocks on Thursday as investors fretted over the financial impact of rising Sino-American tensions on …
Interview: China as “pacemaker” in technology means more opportunity for VW, says CEO
MUNICH, Germany, Sept. 7 (Xinhua) — As a pacemaker in the technology sector, China shows what will happen in the next 10 years around the world, which represents for the Volkswagen Group “a big …
Did Authoritarianism Cause China’s Economic Crisis?
China’s economy, the world’s second largest, is facing its most serious setback in a generation. During the past two years, economic growth appears to have been cut nearly in half. After emerging from the “zero…
Apple’s market value has tumbled $200 billion in in just 2 days over fears of a Chinese government crack down
“Apple’s growth story is heavily reliant on China and if the Beijing crackdown intensifies that could pose a big problem to the bunch of other mega-cap tech companies that rely on China.” The …
China’s iPhone Ban Throws Wrench In Apple Profit Engine: 30M Units At Risk, Bank Of America Warns
China restriction of iPhones could spell trouble for Apple’s earnings; Bank of America projects a potential impact of $0.34 per share.
China is pushing ahead with dedollarization, hoarding gold for a 10th straight month after slashing Treasury holdings to a 14-year low
China’s gold stockpiling comes amid the country’s bid to erode the dollar’s global dominance, as well as growing economic uncertainty within the Asian state.
The China Model Is Dead
For that, economists agreed, China would need to liberalize its financial sector and relax the hand of the state on private enterprise. Early in his tenure, Xi seemed to accept these imperatives. In …
Kelly Evans: Why China is turning into a liability for American companies
One of my bigger regrets from college is that I couldn’t — because of scheduling and other conflicts — go on a six-week trip the business school was offering to China. This was back in…
WHO warns of rising global trend of COVID-19; Chinese expert advocates for increasing stockpile of antiviral medicine
the WHO’s technical lead on COVID-19, said. Zhuang Shilihe, a medical expert based in Guangzhou, South China’s Guangdong, suggested that China should also strengthen its monitoring on COVID-19, …
Shenzhen to discharge water from its reservoir
The government has warned that there is a risk of flooding in some parts of the New Territories, saying it’s been informed by Shenzhen authorities …
How China gets free intel on tech companies’ vulnerabilities
German industrial control system tech firm Phoenix Contact also denied giving China vulnerability information, writing in a statement, “We make sure that potential new vulnerabilities are handled with …
Bank of China opens branch in Saudi Arabia
BEIJING (APP) – Bank of China (BOC), one of four biggest state-owned commercial banks, has opened its first branch in Riyadh, the capital of Saudi Arabia, which will further expand the use of the yuan…
