China - page 14

Researchers Say About Advantage of Hong Kong’s Offshore Position for China
Finance & Economics

Researchers Say About Advantage of Hong Kong’s Offshore Position for China

Leading Chinese researchers advise Beijing to step up its efforts to raise large amounts of foreign investment by focusing on its role in the Asian supply chain and using Hong Kong’s offshore position for appropriate purposes.

Apple’s iPhone Sales in China Demonstrate Growth
Science & Technology

Apple’s iPhone Sales in China Demonstrate Growth

In China, a significant increase in sales of Apple’s iPhone smartphones was recorded in April.

China’s Wary Investors Demonstrate Interest in Ultra-Long-Term Special Government Bonds
News

China’s Wary Investors Demonstrate Interest in Ultra-Long-Term Special Government Bonds

The surge in interest in China’s ultra-long-term special government bonds, which are extremely rarely offered, has become evidence that investors are interested in the so-called safe-haven assets since they need at least some guarantees and some protection during a period of significant economic instability.

China’s Middle Class Concerns About Spending
News

China’s Middle Class Concerns About Spending

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 Creates $47.5 Billion Chip Fund
News

China Creates $47.5 Billion Chip Fund

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.

Xiaomi’s Sales Demonstrate Growth
News

Xiaomi’s Sales Demonstrate Growth

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.

China’s Capital Outflow Demonstrates Growth
Finance & Economics

China’s Capital Outflow Demonstrates Growth

In April, China recorded an increase in the tendency of capital outflows.

China Consumers Face Growing Utility Costs
Finance & Economics

China Consumers Face Growing Utility Costs

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 Revenue Grows
News

Baidu Revenue Grows

Baidu Inc.’s revenue for the first quarter of 2024 showed the slowest growth rate in more than a year.

Chinese Companies Make Headway in Manufacturing High Bandwidth Memory
Science & Technology

Chinese Companies Make Headway in Manufacturing High Bandwidth Memory

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.

Alibaba Reports Quarterly Earnings
News

Alibaba Reports Quarterly Earnings

The Chinese company Alibaba on Tuesday, May 14, released data on the financial results of its activities in the fourth fiscal quarter.

China Credit Engine Goes Into Reverse
Finance & Economics

China Credit Engine Goes Into Reverse

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.

Chinese E-Commerce Giants Face Unstable Balance Between Discounts and Profit
News

Chinese E-Commerce Giants Face Unstable Balance Between Discounts and Profit

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.

Chinese Employees Cash Out CBDC Due to Lack of Utility
News

Chinese Employees Cash Out CBDC Due to Lack of Utility

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 Launches Domestic Payments Processing in China
News

Mastercard Launches Domestic Payments Processing in China

Mastercard, having established a joint venture, has started domestic payment processing activities in China.

Generative AI Accelerates Human-Like Robot Development
News

Generative AI Accelerates Human-Like Robot Development

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.