CHINA TOPIX

05/05/2024 04:25:53 am

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 A red Apple logo is seen on the Apple store on December 1, 2015 in Hangzhou, Zhejiang Province of China.

Apple Establishes First R&D Center in Zhongguancun, China's 'Silicon Valley'

Apple has established its first research and development (R&D) center in China in Zhongguancun Science Park, Beijing.

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Despite Positive Mid-Year Results, Enice Registers a Loss

Chinese telecommunication infrastructure provider, Enice has improved financially in the first half of 2016 but still remains at loss. In a report, the company said they had registered a net loss of 3.5 million RMB. This is a 65.13 improvement from the 10.1 million RMB losses the company registered last year.

Ford Leads Automakers During Strong Monthly Sales In April

Ford, General Motors Enjoys Massive Sales Success in China

Lately, China has become a major source of revenue for two major American automakers, General Motors and Ford. The two automakers have announced that their respective sales output has risen consistently over the past few quarters.

China Forex Market

China Allows More Foreign Institutions on Forex Market

In a bid to promote China's inter-bank foreign exchange (forex) market, the People's Bank of China (PBOC), the country's central bank, has allowed the entry of seven more foreign institutions into the market.

Visa and Mastercard

China Business News: Visa and Mastercard Conquers China With a Glitch

Visa and Mastercard has finally conquered China after years of wooing the nationalist country to tap Renminbi to their services.

Xiaomi

China Tech: World Embraces China’s Phone Giant Xiaomi

When Xiaomi Corp launched a smartphone in New Delhi this year, there is no mistaking about its ability to conquer, not only Asia, but the whole world.

China Stock Market News: Shares Continue To Fall For Three Days In A Row; Analysts Calling It The Worst Phase Since 2013

The Chinese Stock Market registered a fall of 2.77 percent on Thursday continuing the streak of bad news of investors for almost three days now but analysts are still confident that the market will bounce back

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