Driven by a continuous rise in high fiber-to-the-home (FTTH) subscriptions and FTTH average revenue per user (ARPU), China’s fixed broadband service revenue is poised to increase at a compound annual …
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China science, technology news summary — July 28
The following is a summary of published science and technology news of China. NEW FLOWER, SPIDER SPECIES. New surveys have determined the existence of …
China Targets Mobile Pop-Ups in Latest Tech Crackdown
China ordered Tencent Holdings Ltd. and 13 other developers to rectify problems related to pop-ups within their apps, adding to a wide-ranging crackdown on the country’s tech sector.The companies must …
China’s domestic brands boom, fuelled by nationalism, with Li-Ning, Anta standing out from the crowd
Domestic brands in China like Li-Ning and Anta have enjoyed recent surge, fuelled by rising nationalism, improvements in quality and a multimillion dollar live commerce sector.
China’s Growth Will Start to Undershoot Trend: Darby
Sean Darby, chief global equity strategist at Jefferies, discusses China’s markets, the economy and where he’s finding opportunity. He speaks on “: China Open.” (Source: Bloomberg) …
China Natural Resources To Acquire Precise Space-Time Technology
Strategic Deal Further Diversifies Business HONG KONG, July 28, 2021 /PRNewswire/ — China Natural Resources, Inc. (NASDAQ: CHNR) (the “Company”) announced today that it …
Expect More Crackdowns From China—and Risks for Investors
The risks of investing in China are front and center as Beijing tightens control over its biggest companies and the U.S-China relationship continues to fray.
China Considering Imposing 10-25% Tax on Steel Exports
After 30% YoY surge in Chinese steel exports in H1 of 2021 to 37.4 million tonnes, the news of Chinese government imposing a tax on steel exports to cool export is in forefront recently and…
China sees 78.1 million smartphone shipments in Q2 2021; Vivo becomes the leading smartphone brand
International Data Corporation (IDC) has today released a new report revealing data for the smartphone shipments in the second quarter of this year for the Chinese market. It claims that about 78.1 …
Starbucks shares fall on reduced China outlook
Starbucks shares fell 3% in the after-hours session after the company lowered its sales growth forecast for China, its second-largest market outside the U.S. The Seattle-based coffee giant said its …
China floods: Sports brand Erke gear flies off the shelves after US$7.7 million donation to Henan flood relief
A little-known brand in China is enjoying a boost in popularity after donating 50 million yuan to Henan flood relief efforts …
Global Investors Blindsided by China
Beijing’s moves have already wiped out $1 trillion in value from mainland and Hong Kong stocks this month alone. Investors now being split on whether that presents an opportunity to buy in. Bloomberg …
Mining Difficulty Expected to Increase for the First Time Since China Crackdown
Bitcoin’s mining difficulty may be set to increase for the first time since China’s crackdown on crypto mining in May. A rapid expansion of mining facilities in North America and the return of Chinese …