Huawei’s smartphone shipments have collapsed in China and it’s no longer a top five brand. Apple, Xiaomi, Vivo, and Oppo all experienced strong growth, on the other hand.
BUSINESS
IN FIGURES: China’s battery raw materials imports in June 2021
A summary of China’s battery raw materials imports for June 2021. We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In…
China’s Q2 smartphone shipments down 11per cent – IDC data
Smartphone shipments in China were down 11per cent in the second quarter, mainly due to a decline in Huawei’s business in the aftermath of U.S.
Huawei falls out of the top 5 ranking in China: Xiaomi & Honor rises
In terms of individual performances, the top 5 manufacturers are Vivo, Oppo, Xiaomi, Apple, and Honor. For the first time in many years, Huawei is not in the top 5 list in China. Looking at…
The Technology 202: China is doing what the U.S. can’t seem to: regulate its tech giants
While a slow-burning movement to rein in the U.S. tech industry plods through a gridlocked Congress and various agencies, China’s one-party government is acting swiftly — and harshly — to rein in its …
China’s digital currency poses challenges to Ant and Tencent
China’s efforts to roll out a CBDC could create more competition for mobile payment giants like Ant and Tencent.
EcoChain to Benefit from China’s “Great Unplugging” from Crypto
While the rest of the world is still reeling from China’s “unplugging” of cryptocurrency, Michael Toporek, CEO of Mechanical Technologies Inc (NASDAQ: MKTY), sees an opportunity. Their crypto division …
China revealed as an ‘unreliable partner’ by calls for national audit on imports
Recent calls for a national audit on China imports show that it is becoming an “unreliable partner,” according to Sky News contributor Peter Switzer. “China has been playing a pretty tough game,” he …
China’s up-and-coming urban hotspots for fashion
Urban renewal is underway in China to bring communities together post-lockdown. Luxury brands are playing a key part.
Changan sees boom in demand as Saudis fall in love with Chinese car brands
Saudi Arabia is emerging as one of the most attractive markets overseas for Chinese car brands as they grab the attention of dealers and drivers in the Kingdom. Car sales in China …
Givaudan invests in series A fundraising for incubator Next Beauty China
Fragrance and beauty company Givaudan has invested in the series A funding round of Next Beauty, an incubator for emerging fragrance and beauty brands looking to grow in China. The terms of the deal …
Fitch Affirms China Everbright Limited at ‘BBB’; Outlook Stable
Fitch Ratings has affirmed Hong Kong-based China Everbright Limited’s (CEL) Long-Term Issuer Default Rating (IDR) at ‘BBB’ and Short-Term IDR at ‘F2’. The Outlook is Stable. CEL is an asset management …
Is China going to fry the global climate?
As Matthew Klein and Michael Pettis write in their book Trade Wars Are Class Wars, the Chinese economy is heavily based on exports in part because it is hideously unequal, and therefore its workers do…
