Xiaomi revenue misses estimates as competition intensifies

The Xiaomi logo is seen at a Xiaomi shop in Shanghai, China, November 6, 2021 [CGTN-CFP]
Xiaomi logo is seen at a Xiaomi shop in Shanghai, China, November 6, 2021 [CGTN-CFP]
CGTN | 30-Nov-2021

China’s Xiaomi Corp. on Tuesday reported a smaller-than-expected 8.2-percent rise in third-quarter revenue as smartphone sales growth stalled amid intensifying competition from rivals. The company, which gets the vast majority of its revenue by selling mobile handsets, said smartphone revenue rose by 0.4 percent to 47.8 billion yuan ($7.49 billion) in the three months to September 30. Continue reading “Xiaomi revenue misses estimates as competition intensifies”

The China-ASEAN Strategic Partnership Is An Example For The World

China-ASEAN Strategic Partnership Is An Example For The World [OneWord]
China-ASEAN Strategic Partnership Is An Example For The World [OneWord]
OneWorld | 30-Nov-2021 | By Andrew Korybko American political analyst

The Chinese leader’s vision of building a peaceful, safe and secure, prosperous, beautiful, and amicable home together with ASEAN could also apply to America too. All that’s needed is for the US to reciprocate his outreaches. Chinese President Xi Jinping chaired the China-ASEAN Special Summit to Commemorate the 30th Anniversary of China-ASEAN Dialogue Relations in late November and addressed its members via video. Continue reading “The China-ASEAN Strategic Partnership Is An Example For The World”