by Boyang Shen | Apr 8, 2024 | Business, China, Glopen, In-depth, Newsletter, Trade, Travel
1.China’s Foreign Exchange Reserves Reached $3.2457 Trillion at the End of March, Up 0.62% Month-on-Month The State Administration of Foreign Exchange of China released data on April 7 showing that, by the end of March 2024, China’s foreign exchange...
by Boyang Shen | Apr 1, 2024 | Automotive, Business, China, Explore, Glopen, In-depth, Newsletter, Trade
1.China’s Official Manufacturing PMI Hits 50.8 in March, Returning to Expansion for the First Time in the Past Half Year According to the data released by National Bureau of Statistics on March 31st, in March, the Manufacturing Purchasing Managers’ Index...
by Boyang Shen | Mar 25, 2024 | Business, China, Explore, Glopen, In-depth, Newsletter
1.The trade of goods has experienced rapid growth, with the trade structure continuing to improve and optimize According to the report released by National Bureau of Statistics on March 18, 2024, during the first two months in 2024, the total trade volume of goods...
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....