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The Korea Times

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SCMP
Asia

The Korea Times

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SCMP

Sat, January 28, 2023 | 10:12

China's smartphone industry to remain under pressure in 2023

China's smartphone industry to remain under pressure in 2023

China's smartphone industry is set for a tough 2023 and is not expected to see meaningful growth until 2024 amid global supply chain disruption and weak consumer spending at home, analysts have warned.

2023-01-09 15:29

China fans raring to see shows in HK such as BLACKPINK concert, upon border reopening

China fans raring to see shows in HK such as BLACKPINK concert, upon border reopening

Music fans in mainland China are raring to visit Hong Kong for concerts and festivals upon the reopening of the border, with some willing to pay sky-high prices for tickets after being deprived of large events in the past three years amid tight Covid-19 pandemic restrictions.

2023-01-05 15:34

Hong Kong welcomes back hamsters a year after ban and mass culling over COVID fears

Hong Kong welcomes back hamsters a year after ban and mass culling over COVID fears

Hong Kong is lifting an import ban on hamsters around mid-January, nearly one year after more than 2,000 of the small mammals were culled in an attempt to contain animal-to-human transmission of the coronavirus.

2023-01-05 14:40

China's EV market to see slower growth in 2023 as consumers hold off on big-ticket purchases

China's EV market to see slower growth in 2023 as consumers hold off on big-ticket purchases

China's electric vehicle (EV) market is set to lose steam in 2023 as Beijing phases out cash subsidies and consumers shy away from big-ticket items over concerns about a gloomy economy.

2023-01-02 14:11

Coronavirus: Omicron BA.5 subvariant may cause more damage - not less: study

Coronavirus: Omicron BA.5 subvariant may cause more damage - not less: study

New research on the Omicron subvariant of the coronavirus has suggested the pathogen could be changing how it attacks the human body - shifting from infecting respiratory systems to increasingly targeting the brain.

2022-12-29 10:45

US will require COVID-19 testing for travelers from China

2022 to be remembered as the year that China's population peaked and its demographic crisis began

2022 to be remembered as the year that China's population peaked and its demographic crisis began

The year 2022 has been notable for many things, one of them being the "official" peak of China's population size. From this year onwards, the total number of people in China will gradually become smaller annually.

2022-12-27 15:09

Chinese smartphone giant Xiaomi said to cut 15 percent of its workforce

Chinese smartphone giant Xiaomi said to cut 15 percent of its workforce

Chinese smartphone giant Xiaomi, which has an ambitious goal of unseating iPhone maker Apple from the No 1 spot globally by 2024, has started laying off workers in multiple departments, according to social media posts by affected employees and local Chinese media reports.

2022-12-20 14:59

China's private sector confidence 'pivotal' to economic recovery as a global recession looms

China's private sector confidence 'pivotal' to economic recovery as a global recession looms

Beijing should focus on revitalizing its beleaguered private sector to stabilize economic recovery, Chinese economists and policy advisers say.

2022-12-16 15:06

Hong Kong's long-awaited '0+0' COVID policy, but how soon can city bounce back?

Hong Kong's long-awaited '0+0' COVID policy, but how soon can city bounce back?

Hong Kong residents, businesspeople and visitors all have high hopes that the long-awaited lifting of the city's travel restrictions and the end of medical supervision rules for arrivals will help put the bounce back in the economy.

2022-12-14 14:43

Zero-COVID pivot puts Shanghai's small businesses on emotional roller-coaster as curbs loosened, infections surge

Zero-COVID pivot puts Shanghai's small businesses on emotional roller-coaster as curbs loosened, infections surge

After struggling for nearly a year to stay afloat under the zero-COVID regime, small businesses in Shanghai are having mixed feelings about Beijing's policy pivot. Concerns about a resurgence in cases are tempering optimism that the good old days are back for good.

2022-12-12 16:29

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