Honor reclaimed the top smartphone vendor spot in the third quarter with an 18 per cent share and total shipments of 11.8 million units, as the mainland market continued to decline.
Monthly Archives For October 2023
Dozens of centuries-old stone grenades from Ming dynasty discovered at Great Wall of China
The official Chinese news agency Xinhua reported that archaeologists discovered 59 of the stone grenades in the ruins of a storehouse beside the Badaling Great Wall, a section of the wall built by the Ming…
‘Divorce is not an option’ for US and China, Newsom says after Xi meeting
California Governor Gavin Newsom told CNN on Wednesday that when it comes to the U.S.-China relationship, “divorce is not an option” and that it was possible the two nations were at a turning point in…
‘Israeli envoy says Taiwan a good friend, China’s response to Hamas attacks ‘disturbing’
Israel’s envoy in Taipei said on Thursday that Taiwan has been a “good friend” whose support Israel has appreciated, but China’s response to the attack by Hamas militants has been “disturbing”.
China Construction Bank Profits Gain on Lower Credit Losses
China Construction Bank Corp. posted a 2.6% increase in its third-quarter profit, as it managed to offset a margin slide with lower credit impairments. Net income rose to 88.1 billion yuan ($12 billion) from 85.9…
Standard Chartered shares plunge as bank misses analysts’ forecasts following $900 million China hit
Shares in the London lender fell 11% after Standard Chartered posted a 54% drop in its statutory pre-tax profits for the third quarter of 2023
Economic Watch: China’s new govn’t bonds to lay foundation for economic well-being in Q4, next year
BEIJING, Oct. 26 (Xinhua) — China’s additional 1-trillion-yuan (about 139.3 billion U.S. dollars) government bonds to be issued in the fourth quarter could expand effective demand and help put …
Meet the MYbarre Fitness Founders in Shenzhen
Siri Nordhejm arrived in China from Denmark in 2011, and is now well known in the community as a fitness entrepreneur, awesome instructor and busy mother of three. Having worked in the fitness …
How Country Garden became the new face of China’s spiraling property crisis
Country Garden’s troubles are reminiscent of those of Evergrande, a once mighty Chinese developer that defaulted in 2021. Evergrande filed for bankruptcy in the United States in August, after posting losses of $81 billion in…
China police rescue 1,000 cats from slaughter
P olice in China have rescued more than 1,000 cats from being slaughtered and sold as pork or mutton, state-affiliated media report. Acting on a tip from animal welfare activists, police intercepted the truck that…
China’s foreign minister is in Washington. That counts as progress.
When China’s top diplomat Wang Yi arrives in Washington on Thursday, he and his U.S. counterparts are unlikely to agree on much beyond the need to stabilize fraught ties between the world’s two most powerful…
China’s Smartphone Market Contracts, Honor and Huawei Buck the Trend
The Chinese smartphone market, once a bastion of ceaseless expansion, has begun to show signs of maturity and deceleration. In the third quarter of 2021, smartphone shipments declined by 5%, according to Canalys,
Poaching a ‘major, overlooked threat’ to biodiversity in China, study finds
Researchers analysed more than 9,200 court convictions for illegal hunting over a six-year period, finding that more than one-fifth of amphibian, reptile, bird and mammal species are being poached.