A view of the booth of Bank of China during an expo in Fuzhou, Fujian province. CHEN BIN/FOR CHINA DAILY BEIJING – The Bank of China (BOC) Serbia, the authorized clearing bank for renminbi (RMB) business in Serbia, conducted its first cross-border RMB remittance business on Monday. The RMB remittance from Serbia to China’s Hebei … Continue reading BOC Serbia starts RMB clearing business
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Huawei sounds 9.6% growth in 2023 revenue
Shoppers look at newly launched smartphones at the Huawei flagship store in Beijing.[Photo/Agencies] Huawei Technologies Co said on Friday that its revenue for 2023 hit 704.2 billion yuan ($97.5 billion), marking a year-on-year increase of 9.63 percent, and its net profit hit 87 billion yuan. The growth rate represents the highest annual revenue growth since … Continue reading Huawei sounds 9.6% growth in 2023 revenue