Browsing Tag
china
54 posts
Huawei Records Stable Q3 Revenue Despite Challenges
Chinese technology giant Huawei reported third-quarter revenue results showing a modest 1% increase compared to the same period…
Automakers Promote Advanced Tech To Compete In China — The World’s Top EV Market
Automakers worldwide are employing advanced technology to compete in China, the world’s largest electric vehicle (EV) market, which…
Shares of Chinese Tesla Rival Xpeng Drop By 5% As Head Of Autonomous Driving Resigns
Xpeng, the Chinese electric vehicle start-up and competitor to Tesla, experienced a decline of approximately 5% in its…
Goldman Sachs Has Joined Other Major Wall Street Banks In Revising Down Its Growth Forecast For China
Goldman Sachs, in line with other major Wall Street banks, has revised its growth forecast for China downwards,…
Baidu Exceeds Quarterly Revenue Estimates On Growth In Its Cloud Business
Shares of China’s biggest search engine Baidu were up 3.2 percent in pre-market trading on news of its…
Tencent Reports First-ever Revenue Drop, Takes A Hit From Covid-19 Resurgence And Increased Gaming Regulations
Chinese big tech company Tencent reported its first-ever year-on-year revenue decline induced by a resurgence of Covid-19 and…
Tencent Music Reports Better-than-expected Second Quarter Revenue
Tencent Music Entertainment reported better-than-expected revenue for the second quarter thanks to an increase in paying subscribers. The…
Amazon Is Pulling Out Its Kindle Business In China
E-commerce titan Amazon is pulling out its kindle business from China. The company said on Thursday that it…
WeChat Suspends Some Accounts Associated With NFTs
China is very strict about cryptocurrencies, in fact, they remain banned in the country and platforms such as…
New Regulations May See China’s Weibo, Other Chinese Companies, Be Delisted In The US
Regulators in the United States of America are taking steps to enforce a new law that may see…