Apple has opened an applied research laboratory in the southern Chinese tech hub of Shenzhen, as the US giant bolsters it commitment to the world’s largest smartphone market amid heightened …
Monthly Archives For October 2024
Turkey imposes anti-dumping duties on steel imports from China, Russia, India, Japan
Turkey has imposed anti-dumping duties on some steel imports from China, Russia, India and Japan, according to a decision published in the Official Gazette on Friday, with the highest tariffs on …
Global trade at risk as tensions escalate in South China Sea
With China claiming almost all of the South China Sea, Beijing boats have been clashing with vessels of the Philippines and Vietnam, which have overlapping claims. These intensifying developments have …
Porsche’s nine-month China sales plunge by third
German sports car maker Porsche on Friday posted a 29% nine-month sales drop in China, joining peers BMW and Mercedes in reporting weaker results in the country.
China’s ‘whatever it takes’ moment? Investors hope for hundreds of billions in new stimulus
Investors are on tenterhooks as Beijing prepares to deliver fresh policies over the weekend that could jumpstart its economy. China’s Finance Minister Lan Fo’an is set to hold a press conference at 10 …
Porsche’s China Sales Plunge as Electric Taycan Falls Flat
Porsche AG’s sales plummeted in China during the third quarter as a decline in luxury spending and a shift to local electric brands in Asia’s biggest economy weighed on Europe’s high-end carmakers.
The US Navy is burning through missiles in the Middle East that it would need in a war with China
Conflicts in the Middle East have raised concerns about the stockpiles of key interceptors the US would need in a high-end fight.
China Mobile and Huawei Scoop Best 5G Voice Innovation Award for 5G New Calling at Network X
The 5G New Calling solution, a groundbreaking joint innovation from China Mobile and Huawei, was recognized with the prestigious Best 5G Voice Innovation Award at the Network X annual award ceremony.
Taiwanese Employees of Apple Supplier Detained in China
Taiwan’s government said that they had been accused of a breach of trust, but that their employer, Foxconn, had denied the company suffered any losses.
China defiant over South China Sea skirmishes in ASEAN talks, blames meddling by foreign forces
Southeast Asian leaders have stepped up pressure on China to respect international law following clashes in the disputed South China Sea.
China Economic Spillovers to Asia Hinge on Property, Nomura Says
China’s spillovers to Asian nations have weakened over the past few years and how Beijing deploys an expected fiscal boost will be critical to whether their exports to the world’s No. 2 economy revive …
China Finance Ministry Briefing Set to Be Another Boom or Bust Moment for Stimulus Hopes
The pressure is on for China’s Finance Ministry to deliver more fiscal stimulus at a press conference on Saturday.
Trump-Themed PoliFi Tokens Buck Bitcoin Downtrend as China Stimulus Hopes Return
Trump’s odds of winning the U.S. presidential election have surged to a more than two-month high. Plus, the market is stagnant despite hopes of another round of stimulus in China.