Apple CEO Visits China Amid iPhone Sales Drop
The media reports that Apple CEO Tim Cook visited China, one of the largest markets for the company’s products and an important manufacturing center, as part of an unannounced trip.
China - page 23
Chinese Authorities Investigate Foxconn
The Chinese authorities are once again taking moves that can be described as measures within the framework of the concept of unfriendly attitude towards business, having launched an investigation into the activities of Taiwan-based Foxconn Technology Group, one of Apple’s main partners and one of the largest employers in this country.
Global Exodus From Chinese National Equities Shows Growth
Foreign financial managers are leaving posts in some of their largest companies in China’s technology sector.
China Plans to Restrict Exports of Graphite
China plans to impose restrictions on the export of graphite, a mineral from the class of native elements, the importance of which in the sphere of production of batteries for electric vehicles is critical.
China Injects Record Cash to Sustain Low Rates
Record cash infusion can help rates in China to remain low, motivating lenders to support a higher issuance of government bonds and make more loans to clients.
US Tightens Rules on Chip Exports to China
The administration of the President of the United States Joe Biden has reduced the number of types of semiconductors that local companies can supply to China.
China’s Economy Shows Growth
By the end of September, China’s economy showed a dynamic of recovery.
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.
Breaking News
