Intel Reportedly Survives Bid to Halt Millions in Sales to China’s Huawei
Intel survived an attempt to stop the sale of chips to Huawei for hundreds of millions of dollars.
China - page 12
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.
China to Establish $27 Billion Chip Fund
China is currently on its way to establishing the largest chip fund, which will become a kind of organization designed to counter the restrictions from the United States in the sphere of access to advanced microcircuits.
China’s Exports Exceed Forecasts
In China, export and import figures for January and February exceeded preliminary expectations, which is evidence of the intensification in the sphere of world trade and at the same time a signal of positive prospects for Asian country politicians in the context of their efforts to improve the situation associated with the slowdown in the […]
AMD Reportedly Hits Roadblock for China-Tailored Chip
Advanced Micro Devices (AMD) is currently striving to overcome the trade barriers that have been created by the United States around China.
China Sets Economic Growth Target
The Chinese authorities have set a target for the growth of the country’s economic system for 2024.
China’s Middle-Income Population Reportedly Hits 500 Million Mark
At the end of last week, Chinese state media published information according to which the number of citizens whose income is at a middle level in this country amounted to more than 500 million people.
WeChat Palm Payments in a Nutshell
Payments get easier every day. As we dive into the exciting world of payment innovations, we will focus our attention on the ever-evolving landscape of contactless payments. One bright example of innovative biometric payments is the Palm Payments system currently tested by WeChat in China.
Sales of Apple’s Smartphones Fall in China
In the Chinese smartphone market, there continues to be a trend of restrained consumer demand for the iPhone.
Chinese Authorities to Discuss Economic Growth Goals
The annual legislative meeting will be held in Beijing next week, during which the goal of China’s economic growth and plans to achieve it will be discussed.
Chinese Developer Country Garden Faces Liquidation Petition
The Chinese developer Country Garden, which defaulted on its debts in 2023, announced that it had received a petition for liquidation from the creditor after non-payment of the loan.
China Reportedly Aims to Shrink Scale of Quantitative Trading Strategy
The media, citing anonymous insiders, report that local regulators in China are currently taking measures aimed at gradually reducing the scale of implementation of the popular quantitative trading strategy.
Xiaomi Launches New 14 Series Smartphone
Chinese consumer electronics manufacturer Xiaomi has presented its new 14-series smartphone with artificial intelligence on international markets.
China’s Economic Troubles Hurt HSBC
HSBC on Wednesday, February 21, published data on a significant decrease in its quarterly profit after the share of this financial institution in China’s Bank of Communications (BoCom) fell by $3 billion.
Standard Chartered CEO Says About China’s Biggest Problem
Bill Winters, CEO of Standard Chartered Bank, said during a speech at the World Government Summit in Dubai that China is currently facing a lack of trust, which, in his opinion, is the most serious poser in the context of economic problems of this Asian country.
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