Huawei Revenue Increases to Near-Record High
Chinese technology giant Huawei on Monday, March 31, reported a sharp increase in its revenue last year amid the acceleration of the company’s core telecommunications and consumer businesses.
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China’s Factory Activity Accelerates
In the current month, factory activity in China showed growth rates, which turned out to be the fastest in a year.
China Reportedly Warns US on Reciprocal-Tariff Reprisal
The media published information according to which China warned the United States of its intention to impose retaliatory trade measures against the US if Washington announces new reciprocal tariffs on goods imported from this Asian country next week.
China’s Industrial Profits Decrease
China’s industrial profits showed a decline in the first two months of the current year, as enterprises in this Asian country are currently facing constant deflationary pressures and external factors such as increasing tensions in the global trade space.
US Adds More Chinese Companies to Export Blacklist
Last Tuesday, March 25, the United States added dozens of Chinese technology companies to its export blacklist.
China Urges Global Business to Resist Protectionism
Chinese Premier Li Qiang said at a gathering of global executives that began in Beijing that the Asian country is ready for possible unexpected shocks and called on the meeting participants to resist protectionism and defend globalization.
China’s Bond Yields Increase
Economists cited by the media argue that the latest rise in Chinese government bond yields should not be characterized as a sign of reflation, as ongoing deflationary pressures are expected to be a contributing factor to interest rates remaining low.
China’s Open-Source Embrace Changes Wisdom Around AI
Currently, Chinese technology companies are actively paying attention to open-source artificial intelligence models in the practical plane, launching such digital products at a high-intensity pace, while watchers and insiders claim that the implementation of the appropriate approach contributes to boosting AI adoption and scaling some other innovative functional solutions of the advanced category in the […]
China’s Property Market Reportedly Approaches to Stabilizing
This week, UBS analysts expressed the hope that the Chinese real estate market, which in recent years has been in the condition of what can be called a deep and, in a sense, fundamental downturn, is gradually approaching a kind of stabilization point.
China’s Central Bank Keeps Interest Rates Steady
The People’s Bank of China on Thursday, March 20, decided to keep its key lending rates unchanged, as the Asian country is currently trying to support economic growth and stabilize the yuan amid the observed process of intensification of trade frictions.
LianLian DigiTech Sees 64.7% Surge in Digital Payment TPV
Fast-growing Chinese fintech company LianLian DigiTech has successfully finished the 2024 financial year, witnessing a strong total payment volume (TPV) increase.
AMD CEO Visits China
Advanced Micro Devices (AMD) chief executive officer Lisa Su began her visit to China, where she touted the company’s role in supporting the development of artificial intelligence in the Asian country through the lens of interaction with leading players in the local corresponding industry, including DeepSeek and Alibaba Group Holding.
Tencent Accelerates AI Spending
Tencent Holdings Ltd. outlined plans to dramatically increase spending on artificial intelligence infrastructure after the Chinese company recorded the highest revenue growth rates since 2023, indicating that the most valuable firm in the Asian country intends to keep pace with competitors in the so-called post-DeepSeek era.
China’s Economy Demonstrates Positive Results
In China, in the first two months of the current year, growth in consumption, investment, and industrial production was recorded, which exceeded initial expectations regarding the dynamic of the corresponding indicators.
Baidu Launches Two New AI Models
Last Sunday, March 16, the Chinese company Baidu announced that it had launched two new models of artificial intelligence.
China’s Economy Forecast Reportedly to Show Resilience
The media, citing analysts, claim that China’s economic system probably demonstrated stability in the first two months of the current year, even though the President of the United States Donald Trump began a second trade war between Washington and Beijing almost immediately after returning to power in January.
