China’s Economy Shows Growth
By the end of September, China’s economy showed a dynamic of recovery.
China - page 21
Alibaba and Tencent Invest in AI Startup
Alibaba Group Holding and Tencent Holdings have joined to $300 million financing for Baichuan, a Chinese startup operating in the sphere of artificial intelligence and seeking, like many other local firms, to benefit from the rapid growth of interest in developing AI-based services like ChatGPT.
iPhone Sales Decline in China
The level of demand for Apple’s new iPhone 15 smartphone line in the Chinese market is lower than the sales volumes of last year’s mobile phone model of the American technology giant.
Baidu Launches Ernie 4.0
The founder of Baidu, Robin Li, said that the artificial intelligence model developed by his company, in terms of the quality of work and the level of efficiency, equaled the characteristics and capabilities of GPT-4 from OpenAI.
Huawei Drives China Stock Boom
Huawei Technologies is currently sparking the hottest stock trading in China.
China’s Exports and Imports Show Slowdown in Contraction
At the end of September, a decrease in the slowdown in China’s exports and imports was recorded.
China Plans to Grow Its Computing Power
China has announced its intention to increase the country’s computing power.
Real Estate Crisis to Stop Development of China’s Economy for Years
The steady growth of the Chinese economy, which is a historical example of a process that has a high level of sustainability and demonstrates impressive speed, for several decades had been largely due to such a factor as the active development of the real estate sector against the background of population growth and large-scale urbanization, […]
Falling Lithium Prices Indicates Uncertainty About Prospects for Demand in China
The dynamic of the cost of lithium demonstrates a rapid decline, which has already led to the fact that this indicator was at the lowest level in the last two years.
China Plans to Relax Data Rules
Currently, China is discussing the possibility of changing the rules regarding data flows to other countries.
E-Yuan App Adds New Feature for Foreigners
The new mobile top-up feature enables foreigners in China to use their overseas SIM cards to open an e-yuan wallet and recharge it with their bank cards or cash before making a payment.
China Stops Exporting Two Minerals Chipmakers Need
By the end of August, the indicators of Chinese exports of two rare minerals that are used in the production of semiconductors dropped to zero.
China to Make Its Business Environment More Friendly for Foreign Companies
The head of the central bank of China announced his intention to open up the country’s financial industry to closer cooperation with foreign companies and make the local business environment favorable for the activities of brands from other states.
China Flags Security Problems With iPhones
China reported the presence of security problems during the use of smartphones of the iPhone line but noted that this circumstance is not a reason to impose a ban on the purchase of the corresponding devices by the American technology giant.
Ant Launches AI Language Model
The Chinese firm Ant Group Co presented an artificial intelligence tool, which is intended for use in the areas of money management and insurance services.
China Reportedly Plans to Ban on Use of iPhone in State Firms and Agencies
The media reported that the Chinese authorities plan to expand the scope of the ban on the use of smartphones of the iPhone line, which is currently applied to secret units, by extending this restrictive measure to agencies that receive government support and state-owned companies.
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