SAN FRANCISCO — Apple reduced its revenue expectations for the first time in 16 years on Wednesday because of poor iPhone sales in China, an unexpected development that underscored the slowing of Chin… ( read…
Featured Posts Title
Alibaba chairman says China business more confident since Xi’s tech summit
China’s Xiaomi raises $5.5 billion in share sale as EV plans ramped up
Inaugural Fuhai Cup Basketball Tournament Concludes in Shenzhen with Nitto Precision Team as Champions
China’s Xiaomi to raise $5.5 billion in placement for business expansion
Canada says China and India may seek to meddle in election
The U.S. is not prepared to win an economic war against China-built containerships, farmers, ocean carriers warn
India is hoping its manufacturing industry will profit from Trump’s tariffs on China
Recent Posts
Apple Cuts Revenue Forecast Because of Slow iPhone Sales in China
World’s Largest Cigarette Maker Plans IPO for Its International Business
In 2012, a bank that it was buying a stake in released figures that showed the cigarette giant had sales of 770.4 billion yuan and net income of 117.7 billion yuan in 2010. CICC and…
China Tobacco’s IPO Will Be Far From Smoking Hot
The Hong Kong IPO of China Tobacco International (HK) Co. is looking like a hard sell. The offshore unit of China National Tobacco Corp. is not only in a sunset industry that’s been under attack…
Censoring China’s Internet, for Stability and Profit
“Missing one beat could cause a serious political mistake,” said Yang Xiao, head of Beyondsoft’s internet service business, including content reviewing … more than 800 million internet users in Chin… ( read original story …)
Apple Cuts Revenue Forecast Because of Slow Sales in China
Apple’s surprise announcement added to concerns about the ability of American companies, particularly its technology giants, to navigate an increasingly uncertain economy and a continuing trade war be… ( read original story …)
Apple has a China problem and an innovation problem, says Recode’s Kara Swisher
China may be Apple’s biggest problem right now, but a lack of innovation isn’t far behind, said Recode’s Kara Swisher. “Obviously, China’s at the top of the line,” Swisher told CNBC’s “Fast Money” in ……
What Tim Cook left out about China in Apple’s revenue guidance
Within just two months, China, the world’s largest smartphone market, has turned from a growth driver to a weak spot for Apple. “Our business in China was very strong last quarter,” Apple CEO Tim Cook…
China’s super-rich brace for tax raid on $24-trillion wealth pile
China’s plan to cut taxes in 2019 for the masses has the nation’s super-rich running for cover; here’s how the new rules might affect the rich China’s plan to cut taxes in 2019 for the…
Apple’s China Trouble Makes Trump’s Trade War Harder to Defend
That case may be harder to defend now that the collateral damage includes one of America’s most recognizable brands. Apple Inc. on Wednesday lowered its outlook for first-quarter revenue after a large… ( read original…
Can China’s debt-ridden millennial and Gen-Z shoppers continue to prop up their favourite luxury brands?
The Chinese dream of luxury brands is largely dependent upon the nation’s millennial and Generation-Z shoppers, whom global management consultants Bain & Company estimated would account for 46 per cen… ( read original story …)
U.S.-China trade war takes toll on global manufacturing
Survey compiler IHS Markit cautioned the improvement did not herald a big change in the outlook for Britain’s stuttering economy — it was caused in large part by manufacturers stockpiling … in a si… (…
China’s arrest of Canadians sending a chilling message to investors, NGO boss warns
“China’s economy is facing some headwinds and so is going to want to attract businesspeople, is going to want to show it’s open for normal business,” Malley told CBC News. “Now is not the time…
China: Anti-Crypto Central Bank Worried Cash Losing Relevance
According to a newly released report by the FT, the adoption of digital payment systems is increasing at such a rapid rate that the People’s Bank of China (PBoC) is concerned about the declining ……
ADVERTISEMENT
