According to the results of a study conducted by employees of the Southwestern University of Finance and Economics in Chengdu, Sichuan Province, Chinese families who belong to the middle-class category continue to take a cautious approach in the context of their spending issues.
China has set up the largest investment fund in the history of this Asian country dedicated to the development of homegrown chips, which is especially important for Beijing at the current historical moment characterized by a high level of geopolitical tension.
The financial results of Chinese Xiaomi for the first quarter of the current year exceeded preliminary expectations, as the process of gradual recovery of the global economy became a factor that created favorable circumstances for the business of this manufacturer of electronic appliances.
In April, China recorded an increase in the tendency of capital outflows.
In China, the local consumer community has recently been facing very unfavorable circumstances in the economic environment of this Asian country in the form of a prolonged and deep downturn in the real estate market and a weak labor market, but this negative period still shows no signs of an early end and at the […]
Baidu Inc.’s revenue for the first quarter of 2024 showed the slowest growth rate in more than a year.
The media, citing sources and documents, reported that two Chinese chip manufacturers are currently in the early stages of making high bandwidth memory (HBM) microcircuits used in artificial intelligence chipsets.
The Chinese company Alibaba on Tuesday, May 14, released data on the financial results of its activities in the fourth fiscal quarter.
A sharp contraction in lending in China is forcing the central bank of the Asian country to assist, and from the government’s point of view, it is a source of need to spend more money.
Alibaba’s quarterly reports will be published this week and JD.com, Chinese e-commerce giants whose performance is a kind of indicator of the condition of the world’s second-largest economy, especially in the context of reflecting the sentiment prevailing in the local consumer environment.
Although many state Chinese workers receive their salaries in “e-CNY” CBDC aka digital yuan, survey shows they seldom have chances to use it and often convert it all to physical cash.
Mastercard, having established a joint venture, has started domestic payment processing activities in China.
Artificial intelligence, existing in forms similar to OpenAI’s ChatGPT, brings a new configuration of technological reality closer to full-fledged and large-scale materialization, in which humanoid robots are what correspond to the concept of an ordinary phenomenon.
In April, China recorded a slowdown in the expansion of the local service sector, but at the same time, the dynamic of the growth was demonstrated by new orders.
Huawei Technologies on Tuesday, April 30, released information on the financial performance of its activities in the first quarter of the current year.
Chinese companies are currently actively increasing investments in their business development in other countries, as a result of which the indicator of corresponding financial injections is approaching the mark equivalent to an eight-year high.
© 2026 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.
