Counterpoint Research data shows Huawei's smartphone sales surged 69.7% in Q1, while Apple's iPhone sales fell 19.1%.
China
China's Secondhand Luxury Shopping Industry Sees Surge in Sales!
This trend shows that Chinese people still want to be luxurious but are okay with secondhand goods. China's secondhand luxury shopping sector is booming, and sales continue to rise.
China’s Firms Reportedly Go Underground on Russia Payments to Avoid US Sanctions
Chinese firms operating in the Russian market are looking for alternate ways to facilitate trade with its northern neighbor, as they can no longer rely on large banks to finance such transactions.
NASA Admin Warns That China Could Start Territorial Dispute In Moon Following Their Lunar Mission in 2030
NASA Administrator Bill Nelson warns that China's space advances could potentially spark lunar territorial disputes similar to those in the South China Sea.
China Passes Tariff Law, Extending Exemptions on US Products Until November 30
The Customs Tariff Commission of the State Council announced Monday that China will continue to exempt some US imports from extra taxes until the end of November this year.
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In Q1 2024, iPhone sales in China dropped significantly by 19.1%, contrasting with the modest 1.5% growth in the overall smartphone market, largely attributed to Huawei's 69.7% surge with its Mate 60 series.
A senior State Department source says US Secretary of State Antony Blinken would warn China about its military support for Russia when he arrives this week.
US Commerce Secretary Gina Raimondo claimed Huawei's Mate 60 Pro processor isn't as sophisticated as American chips.
China's top internet regulator ordered Apple to remove WhatsApp and Threads from their app store, citing national security concerns.
The design of the North Nanjing train station has sparked contrasting opinions. Some have compared it to a sanitary pad, while the official proposal suggests that it represents plum blossoms.
The first quarter of 2024 saw China's GDP grow 5.3% year-over-year, above expectations. Employees work on an engine assembly line at an engine manufacturing factory in Qingzhou, in China's eastern Shandong province on April 16, 2024.
Two individuals have been apprehended in connection with the tragic incident involving a tourist boat that capsized on a river in northeastern China.
Biden administration has been asked to suspend new flights to and from China temporarily. The United States aviation sector has petitioned the Biden administration to temporarily halt the authorization of new flights to and from China.
Senator Sherrod Brown asked President Joe Biden to exclude Chinese-made EVs from the US market. The chair of the Senate Banking Committee urged President Joe Biden on Thursday, Apr.
