China - page 18

News

Expert Says About Futility of US Attempts to Stop Huawei’s Technical Progress

Burn J. Lin, former vice president of Taiwan Semiconductor Manufacturing Co., said that, in his opinion, the United States will not be able to stop the development of Chinese companies, including Semiconductor Manufacturing International Corp. and Huawei Technologies Co., in the sphere of chip production.

News

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.

News

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.

News

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.

Finance & Economics

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.

News

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.

News

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.

News

China’s Economy Shows Growth

By the end of September, China’s economy showed a dynamic of recovery.

Science & Technology

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.

News

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.

Science & Technology

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.

Science & Technology

Huawei Drives China Stock Boom

Huawei Technologies is currently sparking the hottest stock trading in China.

News

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.

Science & Technology

South Korean Companies to Supply Chip Equipment to Its Factories in China

Last Monday, October 9, the administration of the President of South Korea reported that local companies Samsung Electronics and SK Hynix will receive permission to supply chip equipment to their factories located in China.

News

China Plans to Grow Its Computing Power

China has announced its intention to increase the country’s computing power.

Finance & Economics

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, […]