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Chinese tech products and services have a solid fan base. For instance, India claimed roughly 30 percent of TikTok's 611 million downloads, according to analytics firm Sensor Tower in April. Counterpoint, another technology research house, said Chinese smartphone makers, represented by Xiaomi, Oppo and Vivo, currently claim more than half of India's smartphone market.
Chinese stocks surged on Monday, with the benchmark Shanghai Composite Index up 2.21 percent at 2,915.43 points.
Clients of foreign banks' domestic branches will be allowed to deposit at least 500,000 yuan (,000) into their accounts as time deposits per transaction, down from the 1 million yuan minimum stipulated in the current regulation, according to the draft amendment published by the China Banking and Insurance Regulatory Commission.
Chinese smartphone makers realize processor supplies are key to achieving global supremacy In the 9 billion global smartphone market, dominance in the domestic and Indian segments may encourage Chinese handset makers to dream of ejecting Apple and Samsung from the pinnacle, but the reality is far removed.
Clariant plans to construct a new catalyst production site in China, an investment that will further strengthen the Swiss chemicals company's position in China and enhance its ability to meet the demand of China's thriving petrochemicals industry.
来源：资阳报