Chinese Property Giant Country Garden Delays Earnings
The troubled Chinese property giant Country Garden last Thursday, March 28, announced its decision to delay the publication of data on its financial results for the past year.
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US Reportedly to Unveil List of Chinese Chip Factories Barred From Receiving Tech
The media reports that the United States is currently drawing up a list of advanced chip manufacturing plants in China to subsequently ban the receipt of key tools by these factories.
Huawei Reports Profit Growth
Huawei Technologies Co. reported an increase in profit for the fourth quarter of 2024.
China Aims to Be Driving Force for World Economic Recovery
China is currently striving to become a powerful driving force in the process of recovery of the global economic system.
PBOC Chief Plans to Deepen Currency Ties With Asian Economies
People’s Bank of China Governor Pan Gongsheng said that the country will seek to intensify currency cooperation with other Asian economies to strengthen financial stability in the region.
Janet Yellen Says About Impact of China’s Industry Ramp-Up on World Economy
US Treasury Secretary Janet Yellen intends to put pressure on the Chinese authorities during her upcoming visit to this country since Beijing’s ramp-up of industrial capacity is a factor distorting the global economic system.
Apple Plans to Launch Vision Pro in China
Apple plans to launch sales of the Vision Pro headset in the Chinese market in the current year.
Experts Say About Significant Economic Potential of China’s Tech Sector
Experts Chang Shu and Eric Zhu suggest that in China, the local advanced technologies sector will become a platform for stimulating the growth of demand for goods and services, and by 2026 it may compete with the sphere of real estate in terms of the scale of impact on the state of the country’s economic […]
Apple Reportedly Discusses Using of Baidu AI in Chinese iPhones
The media reports that Apple Inc. is currently negotiating the use of generative artificial intelligence systems of the Chinese company Baidu Inc. in the iPhone and its other devices.
Huawei Tests Brute-Force Method for Manufacturing Advanced Chips
Huawei Technologies Co. and its chip manufacturing partner, about which there is no information, except for being based in China, have filed patent applications for a method of making microcircuits, which is low-tech but has potential in terms of such a parameter as efficiency.
Apple CEO Arrives in Shanghai
The Chief Executive Officer of Apple Inc. Tim Cook on Wednesday, March 20, posted a video indicating that he arrived in Shanghai, where the opening ceremony of the new store of the technology giant will take place on Thursday, March 21.
Xiaomi Posts Revenue Rise
The Chinese company Xiaomi published its financial results for the fourth quarter of last year.
Mastercard Expands Cross-Border Payment Solutions
Mastercard announced the scaling of its solutions designed for international payment transactions.
China’s Property Market Shows No Sign of Rebound
The Chinese real estate sector, which is one of the most important components of the economic system of this country and has been in deep crisis for several years, currently shows no signs of recovery and does not signal any foreseeable positive prospects.
China Attempts to Save Developer Vanke From Default
In China, local banks are currently trying to save another large developer which is on the verge of collapse.
China’s Consumer Prices Rise for First Time in Half-Year
Positive consumer inflation has been recorded in China for the first time in the last six months.
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