Sales of Apple’s Smartphones Fall in China
In the Chinese smartphone market, there continues to be a trend of restrained consumer demand for the iPhone.
China - page 10
Chinese Authorities to Discuss Economic Growth Goals
The annual legislative meeting will be held in Beijing next week, during which the goal of China’s economic growth and plans to achieve it will be discussed.
Chinese Developer Country Garden Faces Liquidation Petition
The Chinese developer Country Garden, which defaulted on its debts in 2023, announced that it had received a petition for liquidation from the creditor after non-payment of the loan.
China Reportedly Aims to Shrink Scale of Quantitative Trading Strategy
The media, citing anonymous insiders, report that local regulators in China are currently taking measures aimed at gradually reducing the scale of implementation of the popular quantitative trading strategy.
Xiaomi Launches New 14 Series Smartphone
Chinese consumer electronics manufacturer Xiaomi has presented its new 14-series smartphone with artificial intelligence on international markets.
China’s Economic Troubles Hurt HSBC
HSBC on Wednesday, February 21, published data on a significant decrease in its quarterly profit after the share of this financial institution in China’s Bank of Communications (BoCom) fell by $3 billion.
Standard Chartered CEO Says About China’s Biggest Problem
Bill Winters, CEO of Standard Chartered Bank, said during a speech at the World Government Summit in Dubai that China is currently facing a lack of trust, which, in his opinion, is the most serious poser in the context of economic problems of this Asian country.
Chinese Banks Loans Hit All-Time Monthly High
During January, local financial institutions in China issued a record number of loans to citizens.
SMIC’s Profit Exceeds Estimates
The quarterly profit of Semiconductor Manufacturing International Corp. (SMIC) exceeded preliminary expectations.
Xi Jinping Reportedly to Discuss China Stocks With Regulators
The media reported that regulators intend to inform the head of the People’s Republic of China Xi Jinping about the stock market situation.
China’s Services Activity Expands at Slow Pace
In China, an increase in the level of activity in the local sphere of services was recorded last month, the intensity of which turned out to be lower than the indicator of preliminary expectations regarding this parameter of the functioning of the corresponding area.
Lenovo’s Bad Week Highlights Fear Over US Sanctions
Lenovo Group spent last year in high spirits, influenced by a sense of unshakeable optimism about the prospects for artificial intelligence, but 2024 began for the company in a negative scenario, showing more reasons for pessimism against the background of geopolitical tensions, including in the context of a marked deterioration in relations between the United […]
China to Revise AML Regulations With Crypto Transaction Cases
The revised law on Anti-Money Laundering (AML) practices in China will take into account the prevention of cryptocurrency use for such illegal purposes.
China Approves 14 Large Language Models
In China, local authorities have approved the launch of the first batch of large language models (LLM) this year.
Cinda Securities Expects China’s Industrial Profits Rebound
In 2024, the profit indicator of China’s largest industrial enterprises, for which 2023 was the second consecutive year of downturn, may increase slightly against the background of improving prospects for Beijing’s export activities and the implementation of a policy of support from local authorities.
Evergrande Approaches Liquidation
The Chinese Evergrande Group received a liquidation order from the Hong Kong court, which marked the beginning of a complex process to carve up one of the main casualties of the largest property crisis, which had a widespread negative impact on the state of the world’s second-largest economy.
Breaking News
© 2024 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.