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China exports fall in October, first decline since 2020
China exports fall in October, first decline since 2020
by  AFP

China's exports shrank in October, the first such decline since mid-2020, customs authorities said Monday, as a domestic slowdown and the threat of global recession hit international trade. The slowdown in trade comes as global demand for Chinese products weakens with energy prices soaring and the United States facing the threat of recession.

Apple says iPhone production hit by China Covid lockdown
Apple says iPhone production hit by China Covid lockdown
by  AFP

Apple said Covid restrictions have "temporarily impacted" production at the world's largest iPhone factory in central China, warning that customers will now face longer wait times ahead of the holiday season. "Customers will experience longer wait times to receive their new products."

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