Offstream
news

---

Changes

1. China bans use of iPhones for government officials resulting in Apple Inc. stock lowering by $200 billion in market value in just two days.
   2023-09-08 02:05:31 (First version)
2. China bans the use of iPhones for government officials resulting in the market value of Apple Inc. stock declining by $200 billion in the past two days.
   (Current version)

---

Related

Spain's competition commission fines American technology companies Amazon and Apple 194 million (US$218 million) for allegedly agreeing to restrict competition by having Apple products sold directly through Amazon's platforms and limiting opportunities for third-party retailers. $
2023-07-18

Brazil and China sign an agreement to trade in their own currencies, ceasing the usage of the United States dollar as an intermediary. $
2023-03-29

The Chinese Foreign Ministry announces that China will provide 5 million yuan ($790,000) in humanitarian aid to Ukraine. $
2022-03-9

Two further Chinese real-estate developers, Fantasia Holdings and Sinic Holdings, with liabilities of $12.8 billion and $14.2 billion respectively, both fail to make bond payments amid tightening resource availability after Evergrande raised investor concerns, and were both downgraded to "CCC" or "substantial credit risk". $
2021-10-5

The price of copper exceeds US$10,000 per tonne for the first time since February 2011. Analysts cite a strong demand in China and the weakening of the U.S. dollar for the increase in price. $
2021-04-29

State-run oil company Saudi Aramco suspends plans to build a US$10 billion oil refinery in Liaoning, China, due to decreased global demand for oil. Its Chinese partners said they will press ahead with the project. $
2020-08-21

Cybersecurity software maker Check Point reports "HummingBad" malware has infected at least 10 million Android devices, mostly in China and India. Check Point says a team of developers based in Beijing is behind "HummingBad" which gives hackers administrative-level access to infected devices. Apple devices have been hit by similar malware.
2016-07-5

U.S. officials say the U.S. Navy deliberately avoided military drills or other actions that could have further inflamed tensions with Beijing during the USS Lassen's patrol in the South China Sea last week. For instance, the Lassen turned off its fire-control radars while transiting within 12 nautical miles of Subi Reef. On its part, the Chinese destroyer following the Lassen was, "very cordial the entire time … before and after the Spratly Islands transit," said the Lassen's commanding officer, Commander Robert Francis.
2015-11-6

Chinese Vice Foreign Minister Zhang Yesui summons US ambassador Max Baucus to protest a US naval patrol close to Beijing's man-made islands in the South China Sea. Zhang called the US patrol "extremely irresponsible" and urged Washington to cease actions that harm China's sovereignty and security.
2015-10-27

China loosens controls on the yuan, allowing it to fluctuate up to 1% in trading against the United States dollar, up from 0.5%. $
2012-04-15