by weblychee | Feb 23, 2024 | Automotive, Blog, Business Blog, Glopen
Introduction The year 2023 marks a pivotal moment in the evolution of China’s automotive industry. The industry achieved production of 30.16 million units and sales of 30.09 million units, reflecting year-on-year growth rates of 11.6% and 12%, respectively....
by weblychee | Feb 5, 2024 | Business, China, Glopen, In-depth, Newsletter, Trade
1.Apple’s Greater China revenue falls 13%, facing Huawei’s challenge On February 2nd, Apple’s FY2024 Q1 earnings data revealed that Greater China generated a revenue of $20.8 billion (approximately CNY 149.344 billion) for the quarter, reflecting a 13% year-on-year...
by weblychee | Jan 29, 2024 | Automotive, Business, China, Glopen, In-depth, Newsletter, Trade
1.Shanghai Stock Exchange (SSE) dropped to 2800 points again, and only 200 A-share stocks rose On January 22nd, The Shanghai Stock Exchange (SSE) index dropped by 1.4% to 2792.62 points, while the Shenzhen Stock Exchange (SZSE) index fell by 1.8%, and the Growth...
by weblychee | Jan 22, 2024 | Automotive, Business, China, Glopen, In-depth, Newsletter, Trade
1.China’s car exports to reach 5.221 million units in 2023, surpassing Japan as top car exporter According to the most recent data released by the General Administration of Customs (GAC), China’s automobile exports reached a remarkable 5.221 million units in 2023....
by weblychee | Jan 15, 2024 | Business, China, Glopen, In-depth, Newsletter
1.Huawei is gradually laying off PR staff in North America Despite previously regarding the United States as a pivotal market, Huawei has undertaken a series of layoffs within its North American PR and government relations departments in recent months, with several...
by weblychee | Jan 8, 2024 | Automotive, Business, China, Glopen, Newsletter
1.Chinese car companies are challenging Tesla’s sales myth On January 2, Tesla announced a record-breaking fourth-quarter 2023 vehicle delivery figure of 484,507 units, setting a new high for electric car deliveries. Meanwhile, BYD reported pure-electric vehicle sales...
