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Chinese Manufacturers: China factory orders drop in ominous sign for global outlook

Investors wanting to gauge the health of global consumer sentiment should look no further than China’s factories right now. Makers of Christmas decorations to clothing and tents say orders from overseas customers are drying up, with some predicting the best they can aim for is flat demand versus last year, according to more than a …

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Realme says govt unlikely to push Chinese phone cos out of sub-Rs 12,000 segment, Telecom News, ET Telecom

Madhav Sheth, CEO, realme India, VP, realme and President, realme International Business Group. Realme, India’s second ranked smartphone brand, doesn’t expect the Indian government to take any steps that would push Chinese brands out of the under-Rs12,000 segment, its India CEO Madhav Sheth said. Speaking to ET’s Subhrojit Mallick, Sheth said India is focusing on …

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Xiaomi layoffs? Chinese company fires over 900 employees after revenue horror: Report

Xiaomi layoffs? Chinese company fires over 900 employees after revenue horror: Report

A report has revealed Xiaomi layoffs in which more than 900 employees have been shown the door. Xiaomi has reportedly fired more than 900 employees. Xiaomi layoffs make up nearly 3 percent of its workforce amid the economic slowdown, according to a report by the South China Morning Post. However, there is no official information …

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Chinese Slowdown Brightens Prospects For Indian Manufacturing: Experts

Business oi-PTI | Published: Saturday, August 20, 2022, 9:11 [IST] With China facing economic slowdown on account of domestic and geo-political reasons, India needs to spruce its manufacturing sector to attract investment and emerge as an alternative global sourcing hub, said experts. The Chinese economic growth is expected to moderate to 3.5 per cent this …

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india growth: Chinese slowdown brightens prospects for Indian manufacturing: Experts

With China facing economic slowdown on account of domestic and geo-political reasons, India needs to spruce its manufacturing sector to attract investment and emerge as an alternative global sourcing hub, said experts. The Chinese economic growth is expected to moderate to 3.5 per cent this year due to various reasons, including disturbances in the property …

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Chinese technology in ‘Internet of Things’ poses new threat to West: Reports

Chinese technology in 'Internet of Things' poses new threat to West: Reports

As soon as the UK decided to ban China’s telecommunication Huawei, from its 5G telecoms networks, the debate regarding the security threat from Chinese equipment again intensified in the mainstream. As soon as the UK decided to ban China’s telecommunication Huawei, from its 5G telecoms networks, the debate regarding the security threat from Chinese equipment …

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NO, Government is not banning Chinese phones under Rs. 12000 in India

NO, Government is not banning Chinese phones under Rs. 12000 in India

Government sources have denied any plans to ban Chinese smartphones selling with a price under Rs. 12,000. Here are all the details. The smartphone industry was left shocked after reports of the Indian government planning to ban Chinese smartphones in the sub- ₹12,000 category went on air. Many had taken to social media to question …

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