China

The company has announced that Chinese iPhone maker Foxconn will relax most of the corona measures at its factory in Zhengzhou. Foxconn is now stopping requiring employees to limit their daily commutes between their dorms and…
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Although the number of new infections has reached an all-time high and the population is protesting massively against the strict corona measures, Chinese President Xi Jinping is "still not ready to accept Western corona vaccines". The US…
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NATO discussed the challenges on Wednesday that China sets in the long term for "our interests, values and safety". The treaty organization does, however, consider the country "not an opponent," said Secretary-General Jens…
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Stock markets in New York rose slightly on Tuesday after the loss a day earlier. The Chinese technology companies listed on Wall Street were among the strongest risers due to easing concerns about social unrest in China over the strict…
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The unrest at the large iPhone factory in Zhengzhou, China, threatens to saddle Apple with a production shortfall of about six million iPhones Pro this year. This is reported by the Bloomberg news agency based on sources close to…
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China's central bank will provide cheap loans to financial firms to buy bonds issued by ailing developers. This is reported by the Reuters news agency based on anonymous insiders. It would be the most extensive support from the Chinese…
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The Chinese electronics group Xiaomi has seen turnover fall sharply in the third quarter. A worldwide drop in demand for smartphones bothered the company. Less desire to buy on the home market due to the many corona lockdowns in…
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The Chinese authorities are preparing to fine the Ant Group of the Chinese billionaire Jack Ma 18.2 billion yuan. That says the Reuters news agency based on several anonymous sources. The move would also herald the end of…
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