Experts are currently foreseeing a decline in China’s economic growth to roughly 5.6% from the already relatively low 6.1%, which will bring global economic growth down by 0.2%.
On February 4, smartphone brand POCO officially launched its first flagship phone, the POCO X2 in India, the first new model by POCO after its spin-off from Xiaomi.
According to foreign news reports, due to the new coronavirus epidemic, Samsung Electronics and LG Electronics decided to suspend some of their operations in China until February 9.
On February 3, Chinese battery manufacturer CATL announced that it has signed a two year supply agreement with Tesla effective between July 1, 2020 and June 30, 2022.