china

China, officially the People's Republic of China, is a country in East Asia and the world's most populous country, with a population of around 1.404 billion in 2017. Covering approximately 9,600,000 square kilometers, it is the third or fourth largest country by total area.

UN: China Leads World’s GenAI Patent Race
UN: China Leads World’s GenAI Patent Race
July 03, 2024  |  Artificial Intelligence

New United Nations data showed China with a comfortable lead in the race to develop artificial intelligence products. Between 2014 and last year, more than...

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iPhone Market Share Sinks in China and the US
iPhone Market Share Sinks in China and the US
July 02, 2024  |  Apple

Apple’s aggressive discounting campaign in China apparently did not prevent it from losing market share. The tech giant ended May with 11% of the Chinese smartphone market, even...

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Apple Discounts Its Way to Delivering iPhone Sales in China
Apple Discounts Its Way to Delivering iPhone Sales in China
June 28, 2024  |  Apple

Apple’s iPhone sales in China reportedly rebounded after falling earlier this year. Shipments of foreign-branded phones in the country reached 5.028 million in May, up...

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Amazon Takes On Temu and Shein With China-Direct Discount Section
Amazon Takes On Temu and Shein With China-Direct Discount Section
June 26, 2024  |  Amazon

Amazon will reportedly add a section to its shopping site that aims to compete with Temu and Shein, featuring items that are cheap and are shipped from China to...

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OpenAI Reportedly Moving to Block Chinese Access to AI Tools
OpenAI Reportedly Moving to Block Chinese Access to AI Tools
June 25, 2024  |  artificial intelligence

OpenAI is reportedly taking added measures to restrict China’s access to artificial intelligence (AI) software. As Bloomberg News reported Tuesday (June 25), that means enforcing...

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FundPark Gets $250 Million for Chinese Working Capital Projects
FundPark Gets $250 Million for Chinese Working Capital Projects
June 25, 2024  |  Startups

Hong Kong-based FinTech FundPark reportedly obtained a $250 million private loan led by HSBC. The loan is the second investment of this type FundPark has...

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Report: Shein Confidentially Files for IPO in London
Report: Shein Confidentially Files for IPO in London
June 24, 2024  |  IPO

Shein has reported confidentially filed for an initial public offering (IPO) in London. This move doesn’t necessarily mean the IPO will happen in London, as...

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Report: Shein Shifting IPO to UK Amid Pressures in US
Report: Shein Shifting IPO to UK Amid Pressures in US
June 21, 2024  |  Retail

Shein is reportedly facing numerous challenges in its pursuit of an initial public offering (IPO) in the United States. Tensions between China and the U.S....

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China Negotiating With Visa, Mastercard to Reduce Transaction Fees
China Negotiating With Visa, Mastercard to Reduce Transaction Fees
June 21, 2024  |  Credit Cards

China is reportedly negotiating with Visa, Mastercard and other global card issuers, seeking to reduce the fees they charge local merchants on foreign card transactions....

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