Category: 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),…
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,…
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…
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…
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…
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’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%…
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…
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…
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…
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…
