China’s latest stimulus measure offers a 15 per cent subsidy for purchases of smartphones, tablets and smartwatches.

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It is apparent that the big difference in estimated subsidies for 2022 between those cited by the IEA and the IISD ($1 – 1.4 trillion) against those by the IMF ($7 trillion) lies in the latter ...

Foxconn Technology Group's plant in the central Chinese city of Zhengzhou, site of the world’s largest iPhone factory, is offering a 5,000 yuan (US$718) bonus for employees who agree to work ...

That view has helped reinforce the belief among battle-hardened middle-income consumers who would not commit to buying big-ticket items and consumer durables unless the state subsidies are big ...