China - page 11

Finance & Economics

China’s Exports Exceed Forecasts

In China, export and import figures for January and February exceeded preliminary expectations, which is evidence of the intensification in the sphere of world trade and at the same time a signal of positive prospects for Asian country politicians in the context of their efforts to improve the situation associated with the slowdown in the […]

News

AMD Reportedly Hits Roadblock for China-Tailored Chip

Advanced Micro Devices (AMD) is currently striving to overcome the trade barriers that have been created by the United States around China.

Finance & Economics

China Sets Economic Growth Target

The Chinese authorities have set a target for the growth of the country’s economic system for 2024.

Finance & Economics

China’s Middle-Income Population Reportedly Hits 500 Million Mark

At the end of last week, Chinese state media published information according to which the number of citizens whose income is at a middle level in this country amounted to more than 500 million people.

Fintech & Ecommerce

WeChat Palm Payments in a Nutshell

Payments get easier every day. As we dive into the exciting world of payment innovations, we will focus our attention on the ever-evolving landscape of contactless payments. One bright example of innovative biometric payments is the Palm Payments system currently tested by WeChat in China.

Science & Technology

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.

News

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.

News

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.

Finance & Economics

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.

News

Xiaomi Launches New 14 Series Smartphone

Chinese consumer electronics manufacturer Xiaomi has presented its new 14-series smartphone with artificial intelligence on international markets.

Finance & Economics

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.

Finance & Economics

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.

News

Chinese Banks Loans Hit All-Time Monthly High

During January, local financial institutions in China issued a record number of loans to citizens.

Science & Technology

SMIC’s Profit Exceeds Estimates

The quarterly profit of Semiconductor Manufacturing International Corp. (SMIC) exceeded preliminary expectations.

Finance & Economics

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.

Finance & Economics

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.