Huawei’s sales were driven by continued demand for its new 5G products, said the research firm, which covers the technology, media and telecom industry. Total smartphone sales in China rose 6.8% during the period compared…
Monthly Archives For June 2024
China’s high-carbon ferrochrome imports reached 311,800 mt in May, with a significant portion not under general trade [SMM Analysis]
According to Chinese customs statistics, China’s high-carbon ferrochrome imports amounted to 311,800 mt in May, down 82,800 mt MoM (-20.99% MoM) but up 91,600 mt YoY (+41.62% YoY). In January-May, the …
South China Sea: Hague ruling rejected by Beijing still casts long shadow over dispute
Eight years ago, when an international tribunal ruled against China over its disputes with the Philippines in the South China Sea, it was viewed as one of the biggest diplomatic setbacks for Beijing. Beijing has…
China Reveals Government Fund Misuse, Highlighting Fiscal Risks
China discovered that officials allowed cash raised from special bonds or funds from the central government budget to be invested in subpar or halted projects, raising questions about the effectiveness of current fiscal measures in…
Economists Raise China Growth Forecasts as Exports Improve
The outlook for China’s exports is set to improve, buttressing growth in the world’s second-biggest economy even as consumer spending slows, according to a Bloomberg survey of economists.Most Read …
Hozon files Hong Kong IPO to raise funds for its global growth, skirt China’s discount war
Xpeng and Li Auto in using the world’s fourth-largest stock market as the launching pad to fund its overseas expansion and escape China’s brutal discount war. Hozon plans to use the money from its …
China has an incentive to keep road to Europe open
HONG KONG, June 26 (Reuters Breakingviews) – China and the European Union have agreed to start talks on the bloc’s plan to impose additional import tariffs on China-made electric vehicles; Beijing …
What Shein needs to avoid a London IPO bust
Beijing has yet to formally greenlight an IPO outside of China, with a Hong Kong listing still also an option. In London, the paperwork might prove the easy part. For a start, Shein needs to…
ChatGPT-Parent OpenAI To Block Access To AI Tools Amid Growing Tech Tensions Between Washington And Beijing
OpenAI, backed by Microsoft, announced it will restrict access to its AI tools in China, warning developers that their accounts will be blocked or suspended from July.
For American Brands Worried About China, Is India the Future?
As multinational retailers diminish their dependence on Chinese factories, some are shifting production to India.
China’s ‘too small’ property rescue leaves market wanting more
HONG KONG — China’s latest attempt to rescue its property market by buying up unsold homes and cutting mortgage rates has yet to revive confidence, while a slew of developers continue to grapple with …
China reports generally stable growth in final accounts for 2023
Finance Minister Lan Fo’an, representing the State Council … Lan said. By the end of May, China had transferred payments totaling approximately 8.84 trillion yuan from the central government to …
Peru President Arrives in Shenzhen, To Visit Huawei and BYD
Boluarte arrived in Shenzhen last night to begin his first stop in China. During his stay in Shenzhen, he will visit a number of Chinese companies, including Huawei and BYD, and then travel to …
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