Analyst firm Counterpoint Research said iPhone sales plunged 24% in the first six weeks of 2024 as Apple faced stiff competition from local smartphone firms. Source: Apple iPhone sales plunge 24% in China as Huawei smartphone business resurges, report says
Tag: China
The targets for GDP and other economic indicators were published as part of the opening of the National People’s Congress annual meeting. Source: China sets GDP target of ‘around 5%’ for 2024
By Zhou Xin The concept of ‘new productive forces’ shows that China’s top leadership has realised that the traditional model of relying on debt-fuelled investment to drive growth has reached its limit. Source: China’s ‘new productive forces’ concept offers fresh hope and impetus for economic transformation