Geely is one of China’s biggest independent auto brands. Founded in 1986 as a refrigerator manufacturer, it started producing motorcycles in the 1990s and launched its first car in 2002. It bought Volvo from Ford…
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Chinese manufacturers fuel global smartphone sales
This trend had benefitted China’s domestic manufacturers including Huawei, Oppo, and Vivo, which built on their strategy to offer affordable devices with features that users wanted, the research firm said. Together, Chinese smartphone makers accounted…
Consumer Trends in China and India’s F&B Industry
China and India are increasingly consuming global brands and foods in tandem with their rapid development. The two countries are, after all, the largest and fastest growing economies in the world, and account for one-third…
China’s Geely Purchases Lotus, Plans to Restore the Brand’s Lost Luster
China’s Zhejiang Geely Holding Group Company has decided to purchase a 49.9 percent stake in Proton from Malaysian conglomerate DRB-Hicom and a majority share of the United Kingdom’s Lotus Cars. Geely seems to have an…
NYSE:CHU Investor News: Investigation over possible Securities Laws Violations by China Unicom (Hong Kong) Limited
An investigation on behalf of investors of China Unicom (Hong Kong) Limited (ADR) shares over potential securities laws violations by China Unicom (Hong Kong) Limited and certain of its directors and officers was announced. Investors…
Apple’s biggest problem is China, where iPhone sales may have fallen 20%
Apple CEO Tim Cook and China Mobile Chairman Xi Guohua (left) pose with iPhones at a launch event in 2014. Kim Kyung Hoon/Reuters China generates 25% of all Apple’s profits and is the company’s second-largest…
Google’s AI wins Go match in China, but blocks online broadcast
The reports were brief, even though Ke’s post-game news conference was packed with scores of reporters, and none mentioned Google. There was no TV coverage, even though go has millions of fans in China and…
Moody’s cuts China credit rating over rising debt
The Moody’s ratings agency on Wednesday cut China’s credit rating due to surging debt, prompting a protest by Beijing and highlighting challenges faced by communist leaders as they overhaul a slowing economy. The downgrade adds…
China grants Trump another trademark – this time for clothes
News of the approval was first reported by The New York Times. China has granted Trump a slew of trademarks since his election victory in November, raising concerns among ethics experts and Democrats, who say…
Moody’s cuts China’s credit rating for first time since 1989
China’s credit rating has been cut over fears that growth in the world’s second-biggest economy will slow in the coming years. Moody’s, one of the world’s big three ratings agencies, cut China by one notch…
China’s credit rating downgraded amid fears over slowing economy
China’s credit rating has been downgraded by Moody’s for the first time in almost 30 years over fears that slowing growth and rising debts will weaken the world’s second largest economy. The agency lowered China’s…
China blocks online broadcast of computer Go match
BEIJING — Internet users outside China watched a computer defeat its national Go champion, but few Chinese web surfers could see it. Censors blocked access to Tuesday’s online broadcast by Google, which organized the game…
World stocks slip on China downgrade, ahead of Fed minutes
She said the risks to China’s financial system were “broadly balanced.” The Shanghai stock index and blue-chip CSI300 index both shed around 0.5 percent on the news but had recouped almost all these losses by…
