Counterpoint Research had revealed that Huawei had dropped out from the Top 5 smartphone brands market share in China as of Q4 2021. Compared to its 23% market share in Q4 2020, the company now…
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China’s January factory activity contracts as COVID lockdowns bite: Caixin PMI
BEIJING: China’s factory activity contracted at the sharpest rate in 23 months in January, underscoring the huge economic costs from the country’s “zero-COVID” approach as surging cases and tough …
Cash-strapped Pakistan looks to secure $3 bn loan from China
Cash-trapped Pakistan is looking to secure a USD 3-billion loan from China and investments in half a dozen sectors during PM Imran Khan’s visit to Beijing next week, a media report said …
China’s manufacturing PMI sustains expansion as economy recovers
A factory producing toy bricks is pictured in Shantou City, south China’s Guangdong Province, Dec. 2, 2021. (Xinhua/Deng Hua) BEIJING, Jan. 30 (Xinhua) — The purchasing managers’ index (PMI) for …
China pilots nationwide blockchain development over real-world use cases
The CAC, along with other government agencies, jointly directed the regulatory authorities to “promote the formation of a multi-party collaborative blockchain industry ecology.” …
Govt to import 100,000 tons fertilisers from China
ISLAMABAD: In a bid to mitigate the ongoing fertiliser crunch, the government will import over one hundred thousand tons of fertilisers from China, Special Assistant to the Prime …
China factory activity edges down in January amid Covid outbreaks
Analysts have warned that domestic coronavirus outbreaks will likely continue to weigh on China’s economy as sporadic outbreaks dent consumer confidence and cause business shutdowns. Beijing is on …
China Picks Cities, Entities to Take Part in Blockchain Trials
China picked 15 city governments and 164 other entities including companies, universities, hospitals and industry groups to carry out a trial on the application of blockchain technology.
As China replants its own forests, it is destroying the world’s
China under President Xi Jinping is ostensibly dedicated to creating an “ecological civilisation.” According to Xi, that civilisation is supposed to include healthy forests. In October, he told an …
Xinhua Silk Road: Fujian Dehua speeds up ceramics brand building with business events and policy kit
The first Dehua “Master IP+” product launch and business matching event recently kicked off in the China ceramics e-commerce logistics park in Dehua county of east China’s Fujian Province.
China’s manufacturing activity stalled in January as economic headwinds mount
China’s official manufacturing purchasing managers’ index (PMI) fell to 50.1 in January, down from 50.3 in December The official non-manufacturing PMI, which measures business sentiment in the …
Editorial: O’Halloran case illustrates the perils of doing business in China
As China’s powerful leaders increasingly behave in a capricious and unpredictable manner, more organisations and individuals like Irish businessman Richard O’Halloran are in danger of being caught in …
Honor is the top Chinese brand in China’s smartphone market
IDC recently released a quarterly mobile phone tracking report. In the fourth quarter of 2021, China’s smartphone market shipped about 83.4 million units, a year-on-year …