Discover the Unprecedented Launch of Apple’s iPhone 15 in China, Captivating Crowds at Retail Stores!

Hundreds of eager customers lined up outside an Apple store in Beijing to get their hands on the new iPhone 15, defying concerns that patriotic sentiment would impact sales. Despite the availability of delivery options, iPhone 15 sales through JD’s Dada app saw a remarkable 253% increase compared to the previous generation. Within the first …

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Critical Analysis: China’s VC Deals Hit New Low, Record-breaking Slow Pace in Over Seven Years

Chinese ride-hailing giant Didi delisted from the New York Stock Exchange just months after its June 2021 IPO after a now-resolved regulatory probe that had forced Didi to suspend new user registrations. Brendan McDermid | Reuters BEIJING — Slowing growth and geopolitical tensions are stifling the Chinese startup world that once spawned unicorns such as …

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Unveiling August’s Retail and Industrial Production Data with RRR Cut Insights

Chinese laborers working at a construction site at sunset in Chongqing, China on March 6, 2005. China Photos | Getty Images BEIJING — China’s retail sales and industrial production showed impressive growth in August, as reported by the National Bureau of Statistics. These results exceeded expectations and demonstrated a positive trajectory for the country’s economy. …

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Demystifying Shadow Banking: Unveiling China’s Risks

Pictured here are models of a real estate development in 2005 in Shanghai, as China’s property boom was gathering steam. China Photos | Getty Images News | Getty Images BEIJING — China’s real estate issues have once again brought attention to the world of shadow banking and its impact on the economy. Shadow banking — …

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Why Apple Stock Plummeted $200 Billion: A Detailed Analysis

Apple’s gold-plated stock experienced an unprecedented setback this week, as reports emerged that China is banning government employees from using iPhones. This has caused the technology giant’s market value to decline by approximately $200 billion. On Thursday, Apple shares fell by 3%, contributing to a decline of more than 5% for the week. However, there …

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Joe Biden’s G20 Trip to New Delhi Amidst Dire Polls and Hunter’s Gun Charges: What Does this Mean for his 2024 Run?

President Joe Biden embarked on his journey to the G20 Leaders’ Summit in New Delhi, India amid speculations about COVID-19 transmission and the cancellation of the trip. Despite not taking questions from the press, he confidently boarded Air Force One. The timing of his departure coincides with the Department of Justice’s announcement of potential gun …

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