2 months, 1 week ago
Sun 15th September 2024
[UTC + 07:00]
Huawei Phones Sales Crash in China; Steep Drop in Sales, Samsung Considers 30% Layoffs
This is an observation from the owner of a Huawei flagship store. Since April of this year, smartphone sales have plummeted drastically, and even Huawei phones, which …
1 year, 2 months ago
Thu 7th September 2023
[UTC + 07:00]
China’s Bracing for Another Collapse
China's economy is in free fall and its real estate sector, which accounts for about 30% of its GDP is going under. In 2021, Evergrande, one of China's largest real estate developers, defaulted on its …
1 month, 4 weeks ago
Wed 25th September 2024
[UTC + 07:00]
The worst Mid-Autumn Festival, China's economy in a downturn and people don’t eat mooncakes anymore
The Mid-Autumn Festival, held in August every year, is when Chinese people buy mooncakes to give to relatives and friends, or the whole family enjoys the …
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