Top news of the week: 06.04.2023.
China new home sales rise sharply in March - survey
China's new home sales rose sharply in March, as a slew of support policies boosted a pickup in demand across the board in 14 surveyed cities, a private survey showed on Monday.
China stages combat patrols after warning Taiwan about U.S. speaker meeting
Nine Chinese aircraft crossed the Taiwan Strait's median line on Friday carrying out combat readiness patrols, Taiwan's defence ministry said, days after Beijing threatened retaliation if ...
The Rise of Chinese Apps
While TikTok is getting a lot of scrutiny in Washington, other Chinese apps are on the rise. Four of the five hottest apps in the U.S. in March are tied to Chinese companies. But as WSJ’s ...
WeChat Channels - The Hope of Tencent
How Tencent stopped focussing on stand-alone short video apps and to build a successful alternative as part of the WeChat's ecosystem.
China's Huawei says 'out of crisis' mode as revenue edges up
China's Huawei Technologies Co Ltd (HWT.UL) said it was "out of crisis mode" as it posted a small increase in annual revenue, adding it was making headway with replacing components affected ...
‘Making money while lying flat’: Chinese movie star Ge You pockets US$1.1 million from hundreds of lawsuits over famous ‘tang ping’ TV character
Chinese social media has been awash with comments after it was reported that renowned mainland actor Ge You has earned US$1.1 million in compensation from winning hundreds of lawsuits filed ...
Tesla posts record vehicle deliveries but price cuts fail to supercharge sales
Rising competition and bleak economic outlook drag down sales despite Elon Musk’s price-cutting gamble
Revenue at TikTok Owner ByteDance Rose More Than 30% in 2022, Topped $80 Billion
ByteDance, the Chinese owner of TikTok, generated more than $80 billion in annual revenue last year, up more than 30% from roughly $60 billion in 2021, according to two people with ...