Foxconn makes phones for Huawei and Apple and currently it is offering a higher hourly rate at the unit in shenzhen that makes phones for China tech giant that what it pays at iPhone unit.
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Beijing’s financial sector reports remarkable progress during 14th Five-Year Plan period
‘Everything Japanese is canceled’: Concerts in Beijing gets abruptly canceled as Japan-China ties take hit
National Games draw to a close in Shenzhen
Shenzhen Expressway Co Announces Director Resignation and Committee Restructuring
China war over Taiwan would trigger global financial crisis
Japan’s Leader Gets Off to Rocky Start With China
3 Chinese nationals charged with smuggling Nvidia, HP chips to China
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Foxconn offers higher hourly rates for workers in Shenzhen at its Huawei production unit than its iPhone operation
Chinese defence minister under investigation by Beijing, US believes
The US government believes that Chinese defence minister Li Shangfu has been placed under investigation, in the latest sign of turmoil among elite members of Beijing’s military and foreign policy …
Beijing blasts ‘protectionist’ EU probe, German car sector wary
The probe has prompted warnings of retaliatory action from Beijing, as well as pushback from Chinese industry executives who say the sector’s competitive advantage was not due to subsidies.
Arm’s successful debut may signal an end to the IPO drought
Arm’s initial public offering ( IPO) is America’s biggest since Rivian, a startup that makes electric trucks, raised $14bn in November 2021. New listings dried up shortly thereafter. Many have been …
Arm shares soar 25% over IPO price in US stock market float; FTSE 100 posts best day of 2023 – as it happened
Shares in UK chip designer are making a successful debut on the US stock market today, while UK blue-chip stocks post their best day since last November …
Beijing Drafts Law to Punish Those Who Wear Clothes ‘Detrimental’ to Others
Comments on China’s heavily censored social media call latest crackdown on self-expression ‘overintervention’ and ‘absurd’
The China Fallout Is Spreading – Here’s What You Need to Know
China’s economy has really struggled in recent months. In July, China’s exports declined 14.5% and imports dropped 12.4%. That marked the worst decline in exports since February 2020. Complicating matters further, as of July, China’s…
Electric Shock: Interpreting China’s Electric Vehicle Export Boom
Made-In-China EVs have grown rapidly driving a surge in Chinese automotive exports. Foreign carmakers and policymakers must embrace competition and strengthen innovation in response, while remaining open to Chinese investment when it meets standards.
China’s tanking economy will hurt the US more than some experts think, top economist David Rosenberg says
China’s tanking economy will have a bigger impact on the US than some experts think, according to top economist David Rosenberg. In an op-ed for the Financial Post on Tuesday, the Rosenberg Research …
China falters imports from Japan for potentially breaking Fukushima prohibition
Hong Kong administrations are investigating if a trader unlawfully imported Japanese vegetables from Fukushima, Japan, breaking a post-2011 prohibiti
China to keep anti-subsidy tariffs on imports of EU potato starch for 5 more years
The Chinese Ministry of Commerce (MOFCOM) on Thursday announced that it will continue to impose anti-subsidy tariffs on imports of potato starch from the EU for another five years, saying that a review found that…
China denies iPhone ban for officials but notes its ‘security incidents’
An official’s statement is likely to feed a wave of concern about Apple’s relationship with China, which manufacturers most of its iPhones.
Japan corporate mood sours on fears of China-led global downturn: Reuters poll
Confidence at big Japanese manufacturers fell the most in eight months, while morale in the services sector also slumped on worries a slowdown in China’s economy could be a bigger drag on growth globally and…
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