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A global shortage of memory chips that has seen prices for makers of consumer devices rise by more than 600 per cent in a year is likely to be prolonged, China’s Lenovo Group, the world’s biggest personal computer producer, warned this week.
The shortage, driven by demand from artificial intelligence (AI) data centres,…
China housing market shows no clear turning point as price declines continue
Mainland China’s new and existing home prices posted a smaller month-on-month decline in January, but the annual drop widened, indicating a housing market that has yet to find a clear…