2 min read
Business

Janet Yellen Issues Stark Warning to China on Clean Energy Dumping

In light of recent concerns about clean energy dumping, Janet Yellen, the U.S. Treasury Secretary, has issued a warning to China regarding its practices in the clean energy sector. Yellen highlighted the importance of fair and equitable distribution of clean energy technologies to promote global sustainability.

2 min read
Business

China Unveils New Slogan to Boost Factory Growth

China has revealed a new slogan aimed at boosting economic growth and increasing industrial production: “Building Factories for a Better Future.” This initiative is part of a comprehensive distribution plan to enhance the country’s manufacturing sector and create new job opportunities.

2 min read
Business

Chinese Consumers to Welcome Apple Vision Pro this Year

Increased Accessibility
The Apple Vision Pro will bring cutting-edge technology and advanced features to consumers in China, making it easier for them to access and benefit from the latest innovations in smart glasses. This move is in line with Apple’s vision of making technology more accessible and easy to use for all users.

1 min read
Business

China Offers New Incentives to Entice CEOs of Apple, Chipmakers, and Pharma Giants

China is strategically reaching out to CEO’s of major companies such as Apple, chipmakers, and pharmaceutical giants in efforts to strengthen partnerships amidst mounting geopolitical tensions.

2 min read
Business

Nike shares surge following impressive sales performance in US and China

Nike stock surged after the company reported stronger-than-expected sales, driven by robust performance in the United States and China. The sportswear giant’s shares rose by 4.7% in after-hours trading on Thursday, following the release of its latest quarterly earnings report.

2 min read
Business

China’s Industrial Sector Shows Robust Performance, Property Market Continues to Struggle

China’s industrial output continued to show resilience in the face of global economic uncertainties, with a 6.9% year-on-year increase in August. This growth indicates a steady recovery in manufacturing and construction activities across various sectors.

2 min read
Business

Apple agrees to $490 million settlement following CEO Cook’s China sales comments

Background
The controversy began in 2019 when Cook stated that Apple’s sales in China had not been affected by the ongoing U.S.-China trade war. The comments were met with skepticism and criticism from both consumers and investors, who questioned the accuracy and truthfulness of Cook’s statements.