Mayer Brown wants to end its 15-year partnership with China. But why? Mayer Brown wants to end its partnership with China. This was confirmed after the Chicago-based law firm announced reaching an agreement in principle to split from its operations in the Asian country.
China
Baidu PR Boss Reportedly Leaves Tech Firm Following Online Posts About Toxic Work Environment
Qu Jing, a top PR executive at China's Baidu, departed amid allegations that she promoted a toxic work culture.
Tesla Senior Executive To Be Relocated to China Following More Declining Sales
Tesla is sending senior executive Tom Zhu back to China following declining sales in the competitive electric car market. The company hopes to address challenges in the region.
Apple's 10% iPhone Discount Boosted China Shipments to 12% in March
A surge of approximately 12% in iPhone shipments was recorded in China for the month of March, thanks to up to 10% discounts initiated by Apple and its partners. This follows a 37% sales decline earlier in 2024 and heightened competition from Huawei.
UK’s Defense Ministry ‘Hacked by China’
The British Ministry of Defense has recently encountered a cyberattack on its third-party payroll system, which serves active and retired military personnel.
Latest News
The U.S. announced fresh sanctions against hundreds of Chinese and Russian suppliers. The U. S. government announced fresh sanctions against Chinese and Russian suppliers on Wednesday, May 1.
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.
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 Administrator Bill Nelson warns that China's space advances could potentially spark lunar territorial disputes similar to those in the South China Sea.
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.
Antony Blinken said they are looking at any Chinese interference in the elections. US Secretary of State Antony Blinken has issued a cautionary statement regarding potential Chinese interference in the upcoming elections.
China's space tourism could soon happen as the government considers allowing the Tiangong space station to host tourists.
Counterpoint Research data shows Huawei's smartphone sales surged 69.7% in Q1, while Apple's iPhone sales fell 19.1%.
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.
