Beijing
China’s chip devices corporations see profits surge as Beijing seeks semiconductor self-reliance
A Chinese flag is displayed subsequent to a “Created in China” indicator noticed on a printed circuit board with semiconductor chips, in this illustration photograph taken February 17, 2023. Florence Lo | Reuters Profits from China’s top chip devices makers surged in the 1st 50 percent of the 12 months, research unveiled Thursday confirmed, as […]
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EU trade main states the end result of China EV probe can’t be prejudged
BEIJING — Europe has released an investigation into Chinese electric powered car subsidies, but no assumptions should really be manufactured about the probe’s consequence, the head of trade for the European bloc’s executive branch stated Tuesday. About two months in the past, the European Commission introduced an investigation into governing administration subsidies for EV makers […]
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Huawei stays silent on secretive 5G cellular phone at high-profile merchandise start
Customers practical experience the new Mate 60 Pro smartphone at a Huawei-branded store in Shanghai, China, September 5, 2023. Nurphoto | Nurphoto | Getty Illustrations or photos BEIJING — Chinese telecommunications and smartphone giant Huawei didn’t expose any particulars about its new cellular phone or claimed advanced chip breakthrough all through a substantial-profile launch occasion […]
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China-EU partnership is at a crossroads, major formal says in Beijing
It is a make-or-split second for China’s relationship with the European Union, as the bloc’s trade main asks for much more openness and fairness from Beijing. “We stand at a crossroads. We can pick out a route in direction of mutually advantageous relations. Just one which is centered on open up, truthful trade and financial […]
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Apple’s iPhone 15 launches in China with people flocking to stores — even as Huawei revival emerges
Hundreds of people lined up at a flagship Apple store in Beijing to pick up the new iPhone 15 when deliveries began on Friday. CNBC | Evelyn Cheng BEIJING — People flocked to a flagship Apple store in downtown Beijing on Friday morning to pick up the latest iPhone, despite market worries that nationalistic fervor […]
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Kremlin says Russia and China have to edge nearer to counter Western endeavours to include them
Russian President Vladimir Putin fulfills with China’s President Xi Jinping at the Kremlin in Moscow on March 21, 2023. Sergei Karpukhin | AFP | Getty Photographs A senior Kremlin formal on Tuesday named for closer coverage coordination concerning Moscow and Beijing to counter what he described as Western attempts to contain them as he hosted […]
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China VC discounts plunge, on keep track of for worst tempo in a lot more than seven yrs
Chinese trip-hailing large Didi delisted from the New York Stock Trade just months right after its June 2021 IPO following a now-settled regulatory probe that experienced compelled Didi to suspend new consumer registrations. Brendan McDermid | Reuters BEIJING — Slowing development and geopolitical tensions are stifling the Chinese startup globe that as soon as spawned […]
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China’s assets slump worsens, clouding restoration prospective clients
Residential structures beneath building at the Tao Yuan Tian Jing venture, made by China Evergrande Team, in Yangzhou, China, on Thursday, Sept. 7, 2023. Speculative bets that Chinese authorities will widen support for the house sector sent some of the country’s ailing builders surging by the most on record. Bloomberg | Getty Photographs A slump […]
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China’s retail revenue shock with more rapidly expansion, up 4.6% in August
Chinese laborers operating at a design internet site at sunset in Chongqing, China on March 6, 2005. China Photographs | Getty Images BEIJING — China’s retail profits and industrial output picked up pace in August with much better-than-expected advancement, according to National Bureau of Data data introduced Friday. Retail gross sales grew by 4.6% in […]
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Italy’s achievable withdrawal from China’s Belt and Street method could pave the way for long run exits
Workers generate large creating components and equipment for export to nations around the world together the Belt and Road. Hai ‘an metropolis, Jiangsu Province, China, June 15, 2020. Potential Publishing | Potential Publishing | Getty Photos Italy’s noted withdrawal program might established a precedence for a constructive exit from China’s global trade and infrastructure initiative, […]
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