China’s foreign investment, confidence push gathers speed as top officials highlight ‘win-win opportunities’

China’s foreign investment, confidence push gathers speed as top officials highlight ‘win-win opportunities’

China’s top leadership has gone all out to revive confidence and lure foreign investment in intensive meetings with foreign business leaders in recent days, setting out the “win-win opportunities ahead”, as Beijing seeks to achieve a seemingly challenging economic growth target for 2024. In a rare move, nearly all top-level officials responsible for economic affairs … Read more

Apple CEO extols Chinese suppliers at Beijing forum as iPhone sales dip while Huawei gains

Apple CEO extols Chinese suppliers at Beijing forum as iPhone sales dip while Huawei gains

Apple chief executive Tim Cook lauded the “huge contribution” that Chinese suppliers have made to the iPhone maker’s carbon-neutral goals, at a high-profile summit hosted by the Chinese government and attended by Premier Li Qiang. At the China Development Forum, which kicked off in Beijing on Sunday and runs through Monday, Cook took to the … Read more

China ready to remove barriers for foreign companies, Premier Li Qiang tells international forum

China ready to remove barriers for foreign companies, Premier Li Qiang tells international forum

China is ready to roll out new rules to bring down some of the barriers faced by foreign companies, Premier Li Qiang told global business leaders in Beijing on Sunday. Addressing the China Development Forum, Li said Beijing would create more opportunities for global investors through macroeconomic policy, urbanisation, industrial upgrades and the transition to … Read more

Apple is considering alliances with a Chinese tech giant and rivals as the AI war heats up

Apple is considering alliances with a Chinese tech giant and rivals as the AI war heats up

Apple wants AI tech on its iPhones – and is reportedly in talks with two of its rivals and a Chinese internet giant to make it happen. The Wall Street Journal reported that Apple is in early discussions with Baidu – the go-to search engine in China – to bring its generative AI model, the … Read more

Apple CEO Tim Cook goes on a charm offensive in China amid weak iPhone sales in the world’s largest smartphone market

Apple CEO Tim Cook goes on a charm offensive in China amid weak iPhone sales in the world’s largest smartphone market

Apple chief executive Tim Cook on Wednesday met Chinese video game developers, a filmmaker and the billionaire founder of BYD in Shanghai, ahead of the company’s new store opening in the city, as the US tech giant goes on a charm offensive amid weak iPhone sales in the world’s largest smartphone market. This marks the … Read more