Chinese smartphone brands like Huawei, OPPO, Honor, and Xiaomi have released satellite communication-enabled smartphones, signaling that China has taken significant steps in the direction of antenna …
Monthly Archives For January 2024
Nvidia CEO’s low-key China visit seen as a goodwill gesture towards key market as US chip firm grapples with sanction issues
Analysts says Jensen Huang’s tip to the mainland is a goodwill gesture to an important market but unlikely to solve chip firm’s issues amid US-China geopolitical hostilities.
Japan exports soared to record highs in December
Japan’s exports surged to record highs in December, with shipments to the U.S. soaring to their strongest-ever level while those to China were also robust, logging their first rise in more than a year …
China’s Hunan targets 6 pct GDP growth for 2024
The work report notes that Hunan has set a growth target of 6 percent for its total import and export in 2024. Enditem Follow China.org.cn on Twitter and Facebook to join the conversation.
China short sellers retreat as contrarians sense an opportunity
Global investors aren’t expecting much from China’s economy this year, but some say the collapse in its already cheap stocks merits a wager on an eventual rebound and perhaps a new approach to …
Thousands of people are forced out of their homes after 7.1 quake in western China
As aftershocks continued to rock western China on Wednesday, more than 12,000 people were staying in tents and other shelters, lighting bonfires to fend off the freezing weather. The previous day, a …
Nvidia’s Jensen Huang sheds his biker chic look to dance in a red floral vest during a visit to China
Nvidia cofounder and CEO Jensen Huang was in China ahead of Chinese New Year, which starts on February 10 this year.
Former Taiwan ally Nauru re-establishes diplomatic ties with China
China and Nauru re-established diplomatic ties on Wednesday, after the tiny Pacific island nation unexpectedly severed relations with its now former ally Taiwan in a move the United States described …
China’s EV players ramp up competition with Tesla using new tech
Hot competition in China’s electric car market is pushing local automakers to sell vehicles with fancy tech that Tesla doesn’t yet offer in the country.
Morning Bid: No luck for China stocks, or for Barbie
China stocks started off the day with a bang but enthusiasm soon fizzled out, leaving the blue-chip index (.CSI300) still rooted near five-year lows and the Shanghai Composite (.SSEC) languishing near …
China’s import of South Korean semiconductor materials skyrockets in 2023
To counter the ban imposed by the US to slow down its development of advanced semiconductors while ensuring its dominance in general-purpose semiconductors, China is aggressively importing …
BYD the first brand to outsell Volkswagen in China since 1986
Many have dreamt of dethroning Volkswagen from the top of the Chinese automotive sales charts, and BYD has done just that. For the first time since 1986 Volkswagen wasn’t China’s top car brand.
SK-II skincare sales hurt by anti-Japan sentiment in China
Procter & Gamble has said sales of high-end SK-II skincare brand fell 34% between October and December. In addition to China’s slow recovery, the firm’s executives blamed anti-Japanese sentiment. Last …
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