Tag: China
China retaliated by imposing additional tariffs of up to 15 percent...
China today imposed additional tariffs on imports of selected goods from the United States. This is in response to a measure resorted to by President...
Huawei introduces phones with its own operating system
Chinese technology company Huawei launches the first phones with the latest operating system it developed in-house. The company is continuing its push for independence...
Alibaba Group on the growing trajectory. Its revenues and income increased...
One of the Chinese technology giants is trying to find its way back to the top. Alibaba Group has stepped the upwards trajectory of...
TikTok founder to top Chinese billionaires for the first time
The founder of short video sharing app TikTok, Zhang Yiming, has become the richest man in China with an estimated fortune of $49.3 billion. This...
Mercedes operating profit down 48 percent in the quarter due to...
German luxury carmaker Mercedes-Benz's earnings before interest and tax fell 48 percent year-on-year to 2.52 billion euros. This was mainly due to a weak...
China investigates Canadian canola imports in response to Canadian EV tariffs
China will launch an anti-dumping investigation into Canadian canola imports. Its exports to China have increased significantly and are sold at prices below the...
US was Germany’s largest trading partner in the quarter, surpassing China
The United States surpassed China in the first quarter to become Germany's largest trading partner. This is according to Reuters calculations based on data...
Binance crypto exchange founder Changpeng Zhao sentenced to four months
Changpeng Zhao, founder and former CEO of cryptocurrency exchange Binance, has been sentenced to four months in prison for facilitating money laundering on the...
Chinese smartphone manufacturer Xiaomi increased sales by 11 percent thanks to...
Chinese smartphone manufacturer Xiaomi increased fourth-quarter sales 10.9 percent year-on-year to 73.24 billion yuan, beating estimates. It was helped by stronger demand at a...
Apple’s smartphone sales in China down 24 percent at the start...
Apple's smartphone sales in China fell 24 percent in the first six weeks of this year. The US firm has fallen to fourth place...
