Apple’s iPhone sales in China fell 24% year-on-year in the first six weeks of 2024, according to research firm Counterpoint, as the U.S. company faced increased competition from domestic rivals such …
Tagged By export
U.S. Export Restrictions Pose Hurdle for AMD’s AI Chip Sales to China
In a recent development, Advanced Micro Devices Inc. (AMD) faces a significant hurdle in selling a specialized artificial intelligence (AI) chip to the Chinese market. The U.S. Department of Commerce …
How to Import or Wholesale Vapes from China: The Comprehensive Guide in 2024
This guide will share crucial knowledge for people looking to import or sell vapes in the USA and we will uncover the product sourcing, considerations to keep in mind and tips required to start a…
How some companies hope to bring China’s livestream shopping trend to the U.S.
NPR’s Ailsa Chang talks to reporter Caiwei Chen about the booming livestream shopping trend in China, and how Chinese companies and TikTok are training American influencers to sell on livestreams too.
China Sets Ambitious 5% Growth Target For 2024, Admits Tough Times
Officials want them to make up for weakness in the the credit-fueled property sector, which once accounted for as much as a quarter of China’s gross domestic product. But domestic sales of EVs are …
Nvidia-Rival AMD Faces Hurdles In Exporting China-Specific AI Chip Amid US Crackdown: Report
The U.S. Department of Commerce has reportedly restricted Advanced Micro Devices Inc. (AMD) from exporting a specialized AI chip to China, citing concerns over its potency, amidst ongoing efforts to …
China’s Huawei and Amazon in patent licencing agreement
China’s Huawei Technologies and U.S. tech giant Amazon said they had signed a multi-year patent licencing deal that resolves litigation between them. Most terms of the deal were not disclosed, but …
Dollar a spectator to China news, yen ponders rate risks
The dollar held steady on the yuan on Tuesday as markets digested a welter of policy statements out of China, while a rebound in Tokyo inflation seemed to take Japan a step closer to the…
China’s services activity growth momentum softens in Feb, Caixin PMI shows
China’s services activity grew at a slower pace in February, with business confidence moderating for the second month and firms trimming staff numbers for the first time since November, a …
China’s EV race drives surge in car-carrying ships
A record number of car carrier ships were ordered last year as Chinese carmakers accelerated deliveries of electric vehicles to the West. At least 80 of the specialist vessels were ordered in 2023, …
Beijing’s robust commodity imports confound weak economy
IN stark contrast to the ongoing weakness in China’s key manufacturing index, the imports of key commodities by the world’s second-biggest economy are roaring ahead. China’s imports of crude oil, …
China Needs To Focus On Combatting Deflation At High-Profile Gatherings This Week
“Deflation is a very big problem that has not attracted sufficient attention by the policymakers,” says Columbia University economics professor Shang-Jin Wei …
American Companies Are Worried About China’s Slowing Economy. Here’s What They’re Saying
China’s economy has created issues for corporations like Apple, Ford, HSBC, and Starbucks, while Marriott International and Applied Materials are among those finding success there.
