Browsing: China

Local smartphone makers outperformed Apple in the final quarter of last year, data has shown

Chinese state-owned banks are tightening controls on servicing Russian clients after the US approved secondary sanctions on financial institutions found aiding Russia’s military-industrial complex, Bloomberg reported on Tuesday, citing people familiar with the matter.  

The issue of compliance with US sanctions by Chinese banks falls outside the purview of the Kremlin, presidential spokesman Dmitry Peskov told reporters on Tuesday.