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BBCNEWS Business July 2, 2024



it overtook apple as the second most popular smartphone maker in china during the first quarter of the year. but now, apple has reason to celebrate. the company s chinese iphone sales rose 52%, compared to a year ago. that s according to data from a research company affiliated with the chinese government. that entity doesn t track apple specifically. instead, it measures the increase in foreign branded shipments. but in the foreign branded game, apple is the main player. and apple could see more gains from may it s been discounting select models which could lead to more sales. staying with technology nvidia s momentum continues, with its stockjumping 7% to hit another record high on tuesday. the chip maker and leader in the artificial intelligence space is now valued at $2.8 trillion. it is currently wall street s third most valuable company, behind microsoft and apple. this year alone nvidia has seen its share price double. tuesday s jump also helped propel the tec ....

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BBCNEWS Business July 2, 2024



the imf said it welcomed steps announced by policymakers earlier this month to stabilise china s beleaguered property sector. lets get the low down now with louise loo, who is china economist at oxford economics. louise, looking for china. projected to grow beyond expectations. projected to grow beyond expectations. yes, exactly. this is very expectations. yes, exactly. this is very positive - this is very positive assessment. i think the upgrade to the growth forecast notjust this year, next year, suggest to us that there is a good sense of expectation that policies will continue to be quite supportive of the economy. i think generally it is quite good news if you think about the different structural problems the economy faces, including property. including property. property bein: including property. property being the including property. property being the main including property. property being the main one. - including property. property being the main on ....

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BBCNEWS Business July 2, 2024



market share, opening more stores, adding more distributors ends telling more problems for the it overtook apple as a second most popular smartphone maker during the first quarter of the year. but now apple has reason to celebrate. the companies iphone sales in china rose 52% in april compared to a year ago. that s according to data from a research company is affiliated with the chinese government. that entity, the china academy of information and communications technology doesn t track apple specifically instead it measures the increase in foreign shipments. but in the an branded game, apple is the lead player. and apple could see more games for that is been discounting select models which could lead to more sales. staying with technology nvidia s momentum continues, with its stockjumping 7 percent to hit another record high on tuesday. the chipmaker and leader in the artificial intelligence space is now valued at $2.8 trillion. it is currently wall street s third ....

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