Browsing Tag
china market
China’s Economy Is Struggling to Gain Traction: Report
<!-- -->A fuller picture of China's recovery will be out soon (File)Beijing: China is likely to report rapid economic expansion for the second quarter, although underlying figures will reveal a more challenging picture.The comparison…
Tesla’s Model Y Dominates China Market, Tops Global Sales in Q1
Last Updated: May 31, 2023, 01:26 ISTChinese State Councilor and Foreign Minister Qin Gang meets Tesla Chief Executive Officer Elon Musk in Beijing, China (Image: Reuters)Elon Musk on Tuesday visited China for the first time in three years,…
SoftBank’s Arm China lays off workers as outlook grim
SoftBank Group Corp's chip technology firm Arm Ltd's China joint venture laid off 90-95 employees last week to cope with a challenging business outlook this year, according to three sources familiar with the situation.The layoffs come as…
Chinese market regulator SAMR has fined Alibaba, Tencent and SoftBank for breaking the Anti-Monopoly…
China’s market regulator announced on July 10 that it has fined technology behemoths Tencent and Alibaba as well as a number of other companies for breaking anti-monopoly regulations regarding the disclosure of transactions.
A list of 28…
Evergrande shares plummet as Chinese property giant’s debt issues deepen
Image Source : AP The company's shares fell by 15 per cent in Hong Kong trade on Monday.…