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  1. 8 hours ago · Additionally, China’s rapid shift toward electric vehicles (EVs) is weighing heavily on oil demand. EV sales in the country surged by 42% in August, reaching over one million units for the first ...

  2. 8 hours ago · Apple Inc's new iPhones got off to a strong start in China, with their sales rising 20% in their first three weeks since their launch compared with its 2023 model, according to data from research firm Counterpoint. Both Apple and Huawei's latest smartphones went on sale in China on Sept. 20 ...

  3. 8 hours ago · Over the same period, online retail sales in China totaled 10.89 trillion yuan, up 8.6 percent year-on-year. Of that amount, online retail sales of physical goods reached 9.07 trillion yuan ...

  4. 2 hours ago · Nokia has announced significant job cuts, eliminating nearly 2,000 positions in Greater China and 350 in Europe as part of its cost-reduction strategy. These layoffs come amid declining sales in China and are part of a broader plan to reduce 14,000 jobs globally, aiming for substantial savings by 2026.

  5. 1 hour ago · According to a recent report by The Financial Times, Xiaohongshu, a popular social media platform in China, recorded $1 billion in sales and $200 million in profits in the first quarter of the year. With a user base of over 300 million and a valuation surpassing $17 billion, its success is impressive.

  6. 8 hours ago · In the second instalment of a three-part series on China’s electric vehicles, Daniel Ren and Yujie Xue look at the key technologies of major Chinese EV assemblers battling for supremacy in the ...

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  8. 8 hours ago · By Kanishka Singh. WASHINGTON (Reuters) -Republican presidential candidate Donald Trump said he would impose additional tariffs on China if China were to “go into Taiwan,” the Wall Street ...

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