Canalys: Smartphone shipments in Mainland China fell by 5% year-over-year to 64.3 million units in Q2 2023, as per the research firm.
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Foldable phones help this brand beat Apple in the world’s biggest smartphone market
Apple was dethroned from the first spot in China as Vivo, Oppo emerged on top. Apple remains one of the very few smartphone brands to not have a folda …
India and China Lead the Charge in CBDC Adoption, Finds CFA Institute Survey
CFA Institute survey reveals that India and China lead in CBDC interest, driven by the pursuit of financial inclusion and stability …
Survey Finds CBDCs Have Limited Support in Global Investment Industry – Crypto Increasingly Accepted and Embraced by Industry
While emerging countries are open to Central Bank Digital Currencies (CBDC), developing countries remain closed off the CBDCs.
China’s missing ex-minister reveals the limits of Xi Jinping’s power
When Tesla CEO Elon Musk visited Shanghai in May 2023, Qin told him that the Chinese government would continue to offer a friendly business environment to foreign companies. Qin assured Musk that China would continue…
Yen jumps as BOJ shocks; China stocks gain on stimulus hopes
The yen gained in volatile trade on Friday and stocks and bonds dropped in Tokyo after the Bank of Japan made another …
Sanctions on China, Export Controls on Rare Earths for the U.S.: Two, It Turns Out, Can Tango
If Washington intended to bully Beijing economically and indefinitely, July 3 was a rude awakening. That’s when China announced export controls on two, vital rare earth metals, germanium and gallium.
Bolivia Is Now Using China’s Yuan for Trade, Challenging Global Dominance of U.S. Dollar
Bolivia is the latest country in South America to regularly use the Chinese currency in a growing challenge to the hegemony of the U.S. dollar for international financial transactions.
China’s first durian sales just days away after month-long delay due to weather
Tropical Hainan province’s first major durian harvest reflects challenges facing Chinese growers as they rush to cash in on surging domestic demand, and large-scale cultivation is still years away.
Typhoon Doksuri destroys power lines, closes factories as it rips into China
By Bernard Orr and Yimou Lee BEIJING/TAIPEI (Reuters) -Typhoon Doksuri swept into China’s southeastern Fujian province on Friday unleashing heavy rain and
China Evergrande’s EV unit shares plunge 69% after 16-month halt
Shares of China Evergrande New Energy Vehicle Group (NEV) plunged on Friday as trading resumed nearly 16 months after
Meat Consumption – China remains the world’s largest meat importer despite recent declines
China remains the world’s largest meat importer despite recent declines China has been the world’s largest meat importer since 2019. Despite recent reductions in imported meat volumes, the country …
U.S. intelligence agencies say China helping Russia evade sanctions, export controls
China has become a major economic supporter of Russia since the invasion of Ukraine and is assisting Moscow in evading economic sanctions and export controls on technology, according to a U.S.