Category: THE WIRE

Posted in BRIEF THE WIRE

Tencent said to acquire China’s top gaming phone maker Black Shark

Chinese internet giant Tencent Holdings is reportedly planning to acquire Xiaomi-backed Blackshark Technologies, China’s top maker of gaming phones, for 2.6 billion yuan ($407.9 million),…

Posted in BRIEF THE WIRE

China’s aviation sector eyes profits this year – regulator

China’s aviation sector aims to turn losses into profits in 2022 with an expected recovery to 85% of its pre-COVID volume of domestic passenger trips,…

Posted in BRIEF THE WIRE

China to promote railway, waterway for medium-, long-distance transportation by 2025 – government development plan

China aims to have bulk goods and containers to be largely transported via railways and waterways for medium and long distances by 2025, according to…

Posted in THE WIRE

China Evergrande sales tumbled 38.7% in 2021

Embattled property developer China Evergrande Group said its contracted sales reached 443 billion yuan in 2021 and contracted sales measured by floor space reached 54.27…

Posted in THE WIRE

Guangzhou unveils five-year development for smart car, new energy vehicle industry

Guangzhou, capital of South China’s Guangdong province, aims to have 1 – 2 leading carmakers which have more than 5% domestic market share each by…

Posted in POLICY & REGULATION THE WIRE

Hangzhou sees land market warming up in latest auctions after rules relaxed

Hangzhou, capital of East China’s Zhejiang province, see its land market warm up in the latest round of auctions after the local government relaxed rules…

china mobile phone shipments
Posted in DATA THE WIRE

China’s mobile phone shipment fell 8.1% on year in September – CAICT

China’s mobile shipments fell 8.1% in September from a year earlier to 21.4 million units, including 15.12 million units of 5G-enabled mobile phones, up 8.1%…

Posted in DATA THE WIRE

China’s GDP growth slowed sharply to 4.9% in Q3 amid power crunch, supply chain bottlenecks, Covid-19 flare-ups

China’s economic growth slowed sharply in the third quarter to the weakest pace in a year as economic activities were disrupted by power shortages, supply…

Posted in CHART DATA THE WIRE

China’s home prices fell at faster pace in September – CICC

Weighted average transaction price index for homogeneous second-hand homes in China’s 11 key cities declined 1.6% in September from the previous month, while the index…

Posted in NEWS THE WIRE

China to boost standard-setting in key technologies to bolster innovation – State Council

China aims to boost standard-setting in many key technological sectors, including high-speed rail, new-energy and smart vehicles and robots, as part of efforts to bolster…

Posted in DATA THE WIRE

Homes sales of China’s 50 major property developers slid in September

Shenwan Hongyuan Securities: China’s 50 major property developers’ property sales . . .     SIGN IN  OR SUBSCRIBE TO GET UNLIMITED ACCESS.  FREE TRIAL…