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 […]
The revised law on Anti-Money Laundering (AML) practices in China will take into account the prevention of cryptocurrency use for such illegal purposes.
In China, local authorities have approved the launch of the first batch of large language models (LLM) this year.
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.
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.
Peiqian Liu, Asia economist at Fidelity International, said during a media briefing on Thursday, January 25, that during 2024, China’s economic system will record a gradual improvement in the state of affairs, which will be stimulated by factors such as production and consumption.
The collapse of the Chinese stock market by $6 trillion has become what can be symbolically described as the thunder of a terrible truth, the sound of which is stronger than any soothing and deliberately encouraging statements that, in general, the weather situation is favorable and there are no cataclysms capable of provoking serious long-term […]
The People’s Bank of China announced a deep cut in bank reserves on Wednesday, January 24.
In the foreseeable future, deflation may become a factor influencing the dynamic of the process of growth of the Chinese economy.
Co-founder of Nvidia Corp. Jensen Huang went on his first trip to China in four years.
In 2023, there was a significant increase in the volume of imports of equipment necessary for the production of microcircuits to China.
Moody’s Investors Service has made a negative outlook on the sovereign creditworthiness of the Asia-Pacific region, citing factors such as the slowdown in China’s economic growth, risks associated with the current state of affairs in the sphere of geopolitics, and tight funding as the reasons for this point of view.
Chinese Premier Li Qiang on Tuesday, January 16, during a speech at the annual meeting of the World Economic Forum in Davos, Switzerland, said that the growth of the Asian country’s economy over the past year amounted to approximately 5.2%.
For the first time in many years, Apple is offering discounts on the purchase of new iPhone smartphones in the Chinese market.
China’s exports in 2023 showed a negative dynamic of the decline.
In China, local authorities have appealed to banks and insurance companies with a strong recommendation to inspect security systems, focusing in this case on issues such as data protection and anti-cybercrime tools.
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