The landing on Thursday was announced to the public by state broadcaster CCTV at the top of the noon news. “On the whole, China’s space technology still lags behind the West, but with the landing…
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China says discussing charges against imprisoned Canadians not ‘convenient’
The news becomes public on Dec. 5. Dec. 6: China demands Canada release Meng and “immediately correct the mistake” officials made in arresting her. The Chinese also say they were not briefed on the re……
China warns cities to cut reliance on property, developers’ shares fall
SHANGHAI/BEIJING (Reuters) – China’s regional economies need to reduce their reliance on the property market for growth and instead focus on sustainable longer-term development, the Communist … ( read original story …)
‘Apple Effect’ unlikely to hurt global brands’ China pipelines
China’s total construction pipeline as of Q3 stood at 2,642 hotels and 569,690 rooms—up 9 percent by projects and 6 percent by rooms year-over-year, according to the latest report by Lodging Econometr… ( read original…
China Is Cutting Back on iPhones. Louis Vuitton Handbags Could Be Next
Retailers and investors are watching to see whether that spending holds up. “Luxury brands still benefit from a formidable capacity to recruit new consumers in China,’’ HSBC analysts led by Erwan Ramb… ( read original…
Canadian officials going ahead with China trip, despite tensions with Beijing
Despite the heightened state of political tension between Ottawa and Beijing, MPs and senators plan to proceed with a trip to China this week. Senators Victor Oh and Joseph Day and MPs Michael Cooper, ……
Apple’s Glum News About China Sales Sends Stocks Lower
Apple gave stock investors another reason to worry about the Chinese economy, and they reacted on Thursday with a retreat from global markets. The company surprised shareholders on Wednesday by warnin… ( read original story…
As Troubled Western Luxury Brands Cry ‘Blame China,’ We Look Deeper
Slashing its prediction of first-quarter 2019 revenue, Apple Inc. became the fourth global retailer to cite slowing demand from China as a key factor in diminished sales and earnings expectations. App… ( read original story…
Apple’s Glum News About China Sales Sends Global Stocks Lower
HONG KONG — Apple has given global investors another reason to worry, and they reacted on Thursday with a cautious retreat. Markets across Asia and Europe fell slightly but broadly. Investors shed tec… ( read…
Apple won’t be the last casualty of China’s slowdown
From iPhones to autos, global brands rely on China for growth. Now the country’s economic slowdown is putting their earnings at risk. Apple (AAPL) on Wednesday said that it expected a weaker … ( read…
Apple cuts sales forecast as China sales weaken, iPhone pricing in focus
Apple finds itself in a tricky position in China, a key market for sales and … other Apple devices due to the firm being an American brand. “The much larger issue is the slowing of…
Xiaomi CEO Lei Jun explains why the company decided to make Redmi brand independent
The new brand has already scheduled a launch event on 10th January in China where it will launch its first smartphone with a 48-megapixel camera sensor. While the company announced that the Redmi bran… (…
Chinese Movie Ticketing Giant Maoyan Presses on With IPO
Maoyan, one of China’s two largest movie ticket sales platforms, is warming up its plans for an IPO in Hong Kong. The company, which has backing of Enlight, Tencent and Meituan Dianping … ( read…