BEIJING--The HSBC China services purchasing managers index rose to 53.4 in December from 53.0 in November, HSBC Holdings PLC said Tuesday, pointing to economic resilience outside the nation's factory sector.
By Alyssa Abkowitz
Calls it 'thinner and lighter' than iPhone 6 Plus
On Thursday, China's Xiaomi put Apple directly in its crosshairs when it unveiled its new Xiaomi Note, which it said is a lighter, thinner, cheaper phone than the iPhone 6 Plus.
By Eva Dou
China's Xiaomi Inc., which has rapidly become one of the world's largest smartphone makers, said it would acquire a stake in the country's largest video-streaming company Youku Tudou Inc. (YOKU) , marking the first step for the company to provide its own content.
Independent. Insightful. Trusted. Morningstar provides stock market analysis; equity, mutual fund, and ETF research, ratings, and picks; portfolio tools; and option, hedge fund, IRA, 401k, and 529 plan research. Our reliable data and analysis can help both experienced enthusiasts and newcomers.