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Search Result for “growth market”

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WORLD

China aims for upgrades: domestic aircraft engines, larger planes

South China Morning Post, Published on 11/04/2024

» China expects to make progress on an advanced aeroplane engine, a bigger commercial jet, and an amphibious search-and-rescue aircraft under a government plan to upgrade production equipment across industries through 2027 and improve the economy.

WORLD

Chinese-made phones are calling the shots in Africa as they beat global giants Samsung and Apple

South China Morning Post, Published on 04/03/2024

» Along the bustling Luthuli Avenue in downtown Nairobi, banners and billboards advertise mobile phones to the throng of shoppers passing by.

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WORLD

Concerns rise over China's 1 trillion yuan EV, solar, battery exports

South China Morning Post, Published on 24/02/2024

» BEIJING - China's 1 trillion yuan (US$139 billion) exports of electric vehicles (EVs), lithium batteries and solar cells could face a new round of challenges this year, as Western policymakers have reflected "genuine anxieties" about overcapacity distorting their markets.

WORLD

China-Africa trade hit US$282 billion in 2023 but Africa's trade deficit widens, with commodity prices a key factor

South China Morning Post, Published on 01/02/2024

» China's total trade with Africa grew a modest 1.5 per cent in 2023 from 2022 to US$282.1 billion, but Africa's trade deficit with China widened, according to the latest Chinese customs data.

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PROPERTY

Hong Kong home sales sink to 33-year low

South China Morning Post, Published on 03/01/2024

» Property transactions in Hong Kong descended to the lowest level in 33 years in 2023 as sentiment among potential homebuyers was submerged under a deluge of poor economic news and high interest rates, although December's sales figures showed some rebound.

WORLD

China approves 87 new video games

South China Morning Post, Published on 06/12/2023

» China approved 87 new video game titles in November including the local version of Tencent Holdings-backed Ubisoft Entertainment's The Division Resurgence - a mobile third-person shooter based on the French publisher's flagship franchise, Tom Clancy's The Division - as the domestic market continues to recover after Beijing eased its regulatory crackdown.

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TECH

China's bamboo could replace high-emitting plastics, but tech bottlenecks are stunting growth

South China Morning Post, Published on 04/12/2023

» It feeds one of the Earth's rarest species. It was the writing surface for some of the earliest books. It could prove essential in reducing vast amounts of carbon emissions - and China has more of it than anywhere else.

WORLD

Huawei's cloud unit opens new data centre in Riyadh as it turns to Saudi Arabia for new business amid resistance in West

South China Morning Post, Published on 05/09/2023

» Chinese tech giant Huawei Technologies is eyeing opportunities in Saudi Arabia with its first public cloud service in the Middle East, while it faces increasing geopolitical tensions in Western markets.

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PROPERTY

When will Hong Kong property prices recover? Not any time soon

South China Morning Post, Published on 04/08/2023

» The extended weakness in Hong Kong's residential property market has been an unusual and unpleasant experience for many of us. Property turnover fell 40% last year with buyers waiting for price falls and sellers unwilling to sell at these prices.

WORLD

China built more 5G base stations in 3 months than US did in 2 years

South China Morning Post, Published on 20/07/2023

» China has exceeded its target for 5G base stations six months ahead of time, having built 3 million of them by the end of June, latest government data showed.