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Profile picture of CNN.com
CNN.com
C+
 Apr 16
China’s GDP grows 5.3% in the first quarter of 2024: China’s economy grew stronger than expected at the start of this year, partly thanks to robust factory ...
cnn.com/2024/04/15/business/china-q1-gdp-growth-intl-hnk/
China’s GDP grows 5.3% in the first quarter of 2024
Quick Glance: China's Economy Surprisingly Strong in Q1 2024
  • China's economy experienced stronger growth than anticipated in the first quarter of this year, primarily due to the thriving high-tech manufacturing sector.

  • In the initial quarter, industrial production saw a 6.1% increase compared to the previous year, driven by the flourishing high-tech industry. Notably, the manufacturing of 3D printing devices, electric vehicle charging stations, and electronic components surged by approximately 40% year-over-year.

  • A recent official report highlighted a rise in China's manufacturing purchasing managers' index during the first quarter, marking the first increase in six months. Moreover, the Caixin/S&P Manufacturing PMI, a privately conducted survey, achieved its highest level in over a year as foreign demand grew.

  • China's economy grew by 5.2% in 2023. Despite a significant improvement from the previous year, it still represented one of the country's weakest economic performances in more than thirty years.
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Profile picture of Foreign Affairs
Foreign Affairs
B+
 Apr 16
Japan’s China Reckoning: Why Tokyo Must Strengthen Its Ties to Democratic Allies: Why Tokyo must strengthen its ties to democratic allies.
foreignaffairs.com/china/japans-china-reckoning
Japan’s China Reckoning: Why Tokyo Must Strengthen Its Ties to Democratic ...
Quick Glance: The Night Iran's Missile Show Rattled Israel
  • In Tehran, 'Operation True Promise' launched an unprecedented aerial assault on Israel.

  • The direct clash between powerful militaries showcased Israel's defense and Iran's display of power.

  • Despite minor damages and injuries, the question remains whether this attack signifies further escalation or the start of a war.

  • The missile and drone strikes resulted in minimal damage, with Israel and allies successfully intercepting most projectiles.
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Profile picture of Nikkei Asia
Nikkei Asia
B
 Apr 12
China exports decline by 7.5%, far more than forecast: BEIJING -- China's exports in March decelerated sharply after four months of growth ...
asia.nikkei.com/Economy/Trade/China-exports-decline-by-7.5-far-more-than-forecast
China exports decline by 7.5%, far more than forecast
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Profile picture of Asia Times
Asia Times
B+
 Apr 16
Why it’s China’s turn now: In the second half of the 20th century, scholars and macrohistorians like Alvin Toffler, Francis Fukuyama and Paul Kennedy developed ...
asiatimes.com/2024/04/why-its-chinas-turn-now/
Why it’s China’s turn now
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Profile picture of N-tv
N-tv
C
 Apr 16
And Scholz smiles painfully: The chancellor in China: three bitter insights: It's good that Chancellor Olaf Scholz traveled to China. Unfortunately ...
n-tv.de/politik/Der-Kanzler-in-China-Drei-bittere-Erkenntnisse-article24877932.html
And Scholz smiles painfully: The chancellor in China: three bitter ...
Quick Glance: Scholz Organizes Crisis Diplomacy in China
  • Scholz condemns Iran's attacks on Israel and plans crisis communication with G7 partners.

  • China trip focusing on economy and geopolitical role, despite dilemma in relations.

  • Business delegation accompanies Scholz, de-risking in other countries, export wave heading towards Germany.

  • Scholz aims to influence China regarding Ukraine conflict and Iran crisis, despite existing dependencies.
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Profile picture of Reuters
Reuters
A
 Apr 17
ASML Q1 bookings miss forecast, but China sales hold up: ASML , the largest supplier of equipment to computer chip makers, reported weaker than expected ...
reuters.com/technology/asml-reports-q1-earnings-13-billion-worse-than-expected-new-bookings-2024-04-17/
ASML Q1 bookings miss forecast, but China sales hold up
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Profile picture of Fox Business
Fox Business
C-
 Apr 16
China's Q1 GDP growth surpassed expectations, data shows: China's economy grew faster than it was forecast in the first quarter, data released on Tuesday ...
foxbusiness.com/economy/chinas-q1-gdp-growth-surpassed-expectations-data-shows
China's Q1 GDP growth surpassed expectations, data shows
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Profile picture of Cornwall Live
Cornwall Live
C-
 Apr 17
NHS rolls out new variant Covid vaccine as virus kills 100 a week: The new vaccination project started this week with jabs between now and June
walesonline.co.uk/news/uk-news/nhs-rolls-out-new-variant-29011917
NHS rolls out new variant Covid vaccine as virus kills 100 a week
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Profile picture of Foreign Affairs
Foreign Affairs
B+
 Apr 14
No Substitute for Victory: America’s Competition With China Must Be Won, Not Managed
foreignaffairs.com/united-states/no-substitute-victory-pottinger-gallagher
No Substitute for Victory: America’s Competition With China Must Be Won ...
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Profile picture of South China Morning Post
South China Morning Post
C+
 Apr 17
Humble China street vendor makes sacrifices to support academically gifted daughters who gain PhD and master’s degree
scmp.com/news/people-culture/trending-china/article/3256292/humble-china-street-vendor-makes-sacrifices-support-academically-gifted-daughters-who-gain-phd-and
Humble China street vendor makes sacrifices to support academically gifted ...
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Profile picture of Africanews
Africanews
C+
 Apr 16
China’s economic growth hits 5.3% | Africanews: The government announced Tuesday that the world's second-largest economy grew at a rate of 5 ...
africanews.com/2024/04/16/chinas-economic-growth-hits-53/
China’s economic growth hits 5.3% | Africanews
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Profile picture of CNN.com
CNN.com
C+
 13h
‘Perfect landing spot.’ Apple plans to spend more in Vietnam as it looks beyond China
cnn.com/2024/04/18/tech/apple-vietnam-supply-chain-china/
‘Perfect landing spot.’ Apple plans to spend more in Vietnam as it looks ...
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Profile picture of Bloomberg
Bloomberg
B
 Apr 15
China Real Estate Crisis: Private Builders Face $553 Billion Gap to Finish Homes: Chinese private developers face a 4 trillion yuan ($553 billion) funding gap to ...
bloomberg.com/news/articles/2024-04-15/china-real-estate-crisis-private-builders-face-553-billion-gap-to-finish-homes
China Real Estate Crisis: Private Builders Face $553 Billion Gap to Finish ...
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Profile picture of CNN.com
CNN.com
C+
 Apr 15
iPhone sales are plunging. Here’s why: Apple’s smartphone sales tumbled 10% last quarter, according to market research firm IDC, as sales in China fell sharply.
cnn.com/2024/04/15/tech/iphone-sales-plunging/
iPhone sales are plunging. Here’s why
Quick Glance: iPhone sales plummet. Here's why
  • Apple’s smartphone sales dropped by 10% last quarter, primarily due to a sharp decline in sales in China.

  • Samsung had been the top smartphone manufacturer for 12 years, but Apple briefly took the top spot last year.

  • The global smartphone market is showing signs of recovery with a 7.8% increase in smartphone shipments in the first quarter of 2024.

  • Despite expectations for Apple and Samsung to maintain their market dominance, the rise of Huawei and other Chinese manufacturers like Xiaomi and OPPO/OnePlus may continue.
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