Apple has become the top-selling smartphone vendor in China for the first time in six years.That’s according a report by industry experts on Wednesday ().Counterpoint Research said two key factors …
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Apple grabs record China market share
iPhone Becomes Top Smartphone in China for First Time in Six Years
Apple became the top smartphone brand in China for the first time in six years in the fourth quarter of 2021, Counterpoint Research reports.
Backgrounder: Reform pioneer Shenzhen to lead China’s socialist path
China’s southern metropolis Shenzhen has taken new moves to relax market access, consolidating its trailblazing role in the country’s reform and opening-up in a new chapter. A total of 24 special …
Shenzhen hands out 25 mln digital yuan to boost Spring Festival consumption
The commerce bureau of the southern Chinese city of Shenzhen will hand out consumption coupons worth over 25 million yuan (about 3.95 million U.S. dollars) in China’s digital fiat currency, or the …
China ramps up COVID-19 measures ahead of Olympics, testing residents’ patience
Repeated COVID-19 testing of millions of Beijing residents is starting to test the patience of some as the city clamps down on the virus ahead of the coming Winter Olympics.
Russian invasion of Ukraine during Beijing Olympics could upset China – U.S. diplomat
China’s President Xi Jinping would “not be ecstatic” if Russia were to invade Ukraine as Beijing’s Winter Olympic Games begin early next month, U.S. Deputy Secretary of State Wendy Sherman said on …
After winning silver in 2018 Olympics, U.S. skier Alex Ferreira is chasing gold in Beijing
He won a silver medal in the men’s halfpipe at the 2018 Pyeongchang Olympics and placed first in the men’s ski superpipe in the 2019 and 2020 Winter X Games. He’s currently ranked No. 2…
Chinese property developer, struggling with more than $300 billion in debt, begins creditor talks over default
HONG KONG — China Evergrande Group began long-awaited talks with creditors on Wednesday, a participant said, as the property developer struggles under debt of more than $300 billion. Evergrande, once …
China to further boost digitalization in banking, insurance sectors
China will promote the process of digitalization in banking and insurance to heighten high-quality development of the sectors, the country’s banking and insurance regulator has said. Banking and …
Senior banking official removed over corruption
It said the former official behaved dishonestly and held a distorted view of Party achievements. He failed to fully implement the decisions made by the Communist Party of China Central Committee on …
China tightens anti-money laundering rules for financial firms
SHANGHAI: China on Wednesday (Jan 26) published revised rules designed to strengthen financial firms’ ability to combat money laundering. The revised rules, which regulates how financial institutions …
China Evergrande aims for restructuring plan within six months as creditor talks begin
Evergrande Group, once China’s top selling developer and now struggling to repay its creditors, suppliers and investors in wealth management products, missed some dollar bond payments last month, …
How to Navigate the Ethical Risks of Doing Business in China
For decades, companies have poured into China to take advantage of the country’s manufacturing prowess and to serve its enormous market. While firms were largely aware of potential business risks, …
