China's Huawei Technologies saw its fastest growth in four years in 2023, with a rebound in its consumer segment and income from new businesses like smart car components accelerating its recovery from U.S. sanctions.

Revenue rose 9.63% from a year earlier to 704.2 billion yuan ($97.48 billion), with the consumer business contributing most to that figure, growing 17.3% to 251.49 billion yuan.

While Huawei did not break down the consumer figure, the segment includes its handset business, which saw a renaissance last year as the company returned to the mainstream 5G smartphones market with the Mate 60, apparently overcoming U.S. restrictions.

Also read:&nbsp;<a data-ctorig="https://www.wionews.com/business-economy/wion-business-wrap-the-top-business-stories-of-the-day-summarised-694780" data-cturl="https://www.google.com/url?client=internal-element-cse&amp;cx=006054055338965708568:09spwrlibei&amp;q=https://www.wionews.com/business-economy/wion-business-wrap-the-top-business-stories-of-the-day-summarised-694780&amp;sa=U&amp;ved=2ahUKEwjAqu7ap5mFAxVKamwGHTKcBgoQFnoECAMQAg&amp;usg=AOvVaw1PHWS-xDt_uSL86GRiQlPp&amp;arm=e" dir="ltr" href="https://www.wionews.com/business-economy/wion-business-wrap-the-top-business-stories-of-the-day-summarised-694780" target="_blank">WION&nbsp;Business&nbsp;Wrap | The top&nbsp;business&nbsp;stories of the day</a>

From 2019, the U.S. has restricted Huawei's access to U.S. technology, accusing the company of being a security risk, which Huawei denies.

Last year marked the third consecutive year of growth for the company after revenue plummeted by almost a third in 2021 when the company started to exhaust chip reserves, though revenue remains below its 2020 peak of 891.3 billion yuan.

Huawei was relatively muted about its achievement, doing away with the press conference and launch event it has held every year at least since the U.S. restrictions began.

In a press release, rotating chairman Ken Hu said the results were in line with forecasts.

"We've been through a lot over the past few years. But through one challenge after another, we've managed to grow."

At a launch event last year, Meng Wangzhou, Huawei's CFO and the daughter of the company's founder, announced that Huawei was no longer in crisis mode.

Net profit in 2023 rose by 144.5% to 87 billion yuan, with the net profit margin more than doubling on a year earlier to 12.35%.

Some of that came from ongoing payment from the sale of the Honor smartphone brand, which Huawei sold in November 2020, a company spokesperson said.

Also read:&nbsp;<a data-ctorig="https://www.wionews.com/business-economy/indias-business-travel-industry-poised-for-growth-expected-to-reach-382-bn-in-2024-695395" data-cturl="https://www.google.com/url?client=internal-element-cse&amp;cx=006054055338965708568:09spwrlibei&amp;q=https://www.wionews.com/business-economy/indias-business-travel-industry-poised-for-growth-expected-to-reach-382-bn-in-2024-695395&amp;sa=U&amp;ved=2ahUKEwjAqu7ap5mFAxVKamwGHTKcBgoQFnoECAIQAg&amp;usg=AOvVaw0T3_qDSGP2qxTCancvxZbq&amp;arm=e" dir="ltr" href="https://www.wionews.com/business-economy/indias-business-travel-industry-poised-for-growth-expected-to-reach-382-bn-in-2024-695395" target="_blank">India's&nbsp;business&nbsp;travel industry poised for growth</a>

While the company's core ICT infrastructure business remained stable, its cloud business grew by more than a fifth, generating revenue of 55.3 billion yuan.

Huawei's four-year-old smart car software and components business also saw major growth albeit from a lower comparison base, up 128.1% year on year to 4.7 billion yuan.

Last year Huawei announced it would spin off the smart car unit into a new company.

Earlier this month, Richard Yu, the managing director and chairman of Huawei's smart car solutions, announced the unit would likely turn a profit from April after losing billions of yuan in the past year, local media reported.

China's Huawei Technologies saw its fastest growth in four years in 2023, with a rebound in its consumer segment and income from new businesses like smart car components accelerating its recovery from U.

China's Huawei Technologies saw its fastest growth in four years in 2023, with a rebound in its consumer segment and income from new businesses like smart car components accelerating its recovery from U.S. sanctions. Revenue rose 9.63% from a year earlier to 704.2 billion yuan ($97.48 billion), with the consumer business contributing most to that figure, growing 17.3% to 251.49 billion yuan. While Huawei did not break down the consumer figure, the segment includes its handset business, which saw a renaissance last year as the company returned to the mainstream 5G smartphones market with the Mate 60, apparently overcoming U.S. restrictions. Also read: WION Business Wrap | The top business stories of the day From 2019, the U.S. has restricted Huawei's access to U.S. technology, accusing the company of being a security risk, which Huawei denies. Last year marked the third consecutive year of growth for the company after revenue plummeted by almost a third in 2021 when the company started to exhaust chip reserves, though revenue remains below its 2020 peak of 891.3 billion yuan. Huawei was relatively muted about its achievement, doing away with the press conference and launch event it has held every year at least since the U.S. restrictions began. In a press release, rotating chairman Ken Hu said the results were in line with forecasts. "We've been through a lot over the past few years. But through one challenge after another, we've managed to grow." At a launch event last year, Meng Wangzhou, Huawei's CFO and the daughter of the company's founder, announced that Huawei was no longer in crisis mode. Net profit in 2023 rose by 144.5% to 87 billion yuan, with the net profit margin more than doubling on a year earlier to 12.35%. Some of that came from ongoing payment from the sale of the Honor smartphone brand, which Huawei sold in November 2020, a company spokesperson said. Also read: India's business travel industry poised for growth While the company's core ICT infrastructure business remained stable, its cloud business grew by more than a fifth, generating revenue of 55.3 billion yuan. Huawei's four-year-old smart car software and components business also saw major growth albeit from a lower comparison base, up 128.1% year on year to 4.7 billion yuan. Last year Huawei announced it would spin off the smart car unit into a new company. Earlier this month, Richard Yu, the managing director and chairman of Huawei's smart car solutions, announced the unit would likely turn a profit from April after losing billions of yuan in the past year, local media reported.

China's Huawei continues rebound with strongest earnings growth since 2019

Chinese President Xi Jinping met Prime Minister of the Netherlands Mark Rutte at the Great Hall of the People in Beijing. Rutte is on a two-day state visit to Beijing.

Dutch PM Rutte meets Xi Jinping, claims of cyber espionage

On Inside South Asia tonight, - Pakistan: Five chinese workers killed in suicide bomb blast - China raises concern in the CPEC corridor - Another boat with Rohingya refugees sinks - No end to the Rohingya's ordeal - Nepal's bid to tackle pollution on Everest - Climbers need to now bring their excrement down with them

China wants Pakistan to probe terror attack | Arvind Kejriwal to stay in custody

Pakistani authorities say that five Chinese nationals were among six people killed in a suicide attack in Khyber Pakhtunkhwa province on Tuesday. A convoy carrying Chinese engineers was targeted by a suicide bomber who rammed an explosive-laden vehicle into them. This is the third major attack on Chinese interests in Pakistan in less than a week.

China calls for probe after five Chinese engineers killed in attack in Pakistan

China has one of the largest and most diverse missile arsenal in the world and that arsenal is growing. Watch in for more details!

China's new air-to-surface missile: Why is China guarding against mighty bombers?

Sri Lanka Prime Minister Dinesh Gunawardena, on Wednesday (Mar 27) announced that China will help the island nation build its strategic deep sea port and an airport in the capital city of Colombo. The two countries also signed nine new agreements amid Sri Lanka’s efforts to restructure and revive its bankrupt economy.

Sri Lanka PM Dinesh Gunawardena in China to cement Colombo, Beijing ties

China to ‘assist’ in developing strategic deep sea port, says Sri Lanka PM amid visit to Beijing

Beijing's missile force and burgeoning arms race in Asia

Pakistan Bomb Attack: Chinese firm suspends power project work

As global supply chains undergo a transformation, India emerges as a formidable challenger to china's long-held manufacturing dominance. With a surge of international investment and strategic reforms, India's industrial landscape is rapidly evolving. Watch in for more details!

India's rise as a global manufacturing hub

China cyber-attacks explained: US and the UK announces set of criminal charges and sanctions against seven Chinese hackers for allegedly conducting sweeping attacks on behalf of china’s civilian intelligence agency. Who is behind the cyber-attacks? And what is their goal?

China's cyber espionage campaign against the world

Sri Lanka Prime Minister Dinesh Gunawardena, on Wednesday (Mar 27) announced that China will help the island nation build its strategic deep sea port and an airport in the capital city of Colombo. The two countries also signed nine new agreements amid Sri Lanka’s efforts to restructure and revive its bankrupt economy.

Gunawardena said China would “assist” Sri Lanka in restructuring its external debt, which is a key condition for the $2.9 billion International Monetary Fund (IMF) bailout and also offered “assistance to develop” Colombo International Airport and Hambantota port.&nbsp;

<h2>Sri Lanka PM’s visit</h2>

The Sri Lankan PM is in the midst of a crucial six-day visit to China – the island’s biggest bilateral creditor – during which he met with Chinese President Xi Jinping and Premier Li Qing.&nbsp;

WATCH |&nbsp;Pakistan: China firm suspend power project after five engineers killed in Khyber Pakhtunkhwa attack

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China has yet to respond to the debt restructuring assistance claim made by Gunawardena’s office since the plans have not been made public, reported news agency AFP.&nbsp;

The Sri Lankan PM’s office said that the Chinese premier had promised Beijing would “assist Sri Lanka’s debt restructuring process continuously and help Sri Lanka to develop its economy.”

China has offered “assistance to develop” Colombo International Airport and Hambantota port, said a statement from Gunawardena’s office.&nbsp;

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Hambantota, in southern Sri Lanka, was handed to a Chinese state-owned company in 2017 on a 99-year lease for $1.12 billion.&nbsp;

The move has since sparked security concerns in India with New Delhi saying that the port could be used by Chinese research vessels for espionage.&nbsp;

However, Sri Lanka has maintained that their ports will not be used for any military purposes.&nbsp;

<h2>Xi reaffirms ties</h2>

During his meeting with Gunawardena, Xi reportedly called for the consolidation of friendly relations between China and Sri Lanka and said that Beijing is willing to work with Colombo to carry forward the spirit of the Rubber-Rice Pact.&nbsp;

He also called on Sri Lanka to join hands to advance their strategic cooperative partnership featuring sincere mutual assistance and ever-lasting friendship, according to an official statement.&nbsp;

Also Read |&nbsp;<a href="https://www.wionews.com/south-asia/china-strongly-condemns-terrorist-attack-on-chinese-nationals-in-pakistan-704876">China ‘strongly condemns’ terrorist attack on Chinese nationals in Pakistan</a>

China is Sri Lanka’s largest bilateral lender and owned 52 per cent of the $40 billion external debt when Colombo announced its sovereign default in 2022.

The Sri Lankan PM’s visit came days after the IMF concluded its second review of the $2.9 billion bailout.&nbsp;

(With inputs from agencies) 
&nbsp;

Sri Lanka Prime Minister Dinesh Gunawardena, on Wednesday (Mar 27) announced that China will help the island nation build its strategic deep sea port and an airport in the capital city of Colombo.

Sri Lanka Prime Minister Dinesh Gunawardena, on Wednesday (Mar 27) announced that China will help the island nation build its strategic deep sea port and an airport in the capital city of Colombo. The two countries also signed nine new agreements amid Sri Lanka’s efforts to restructure and revive its bankrupt economy. Gunawardena said China would “assist” Sri Lanka in restructuring its external debt, which is a key condition for the $2.9 billion International Monetary Fund (IMF) bailout and also offered “assistance to develop” Colombo International Airport and Hambantota port. Sri Lanka PM’s visit The Sri Lankan PM is in the midst of a crucial six-day visit to China – the island’s biggest bilateral creditor – during which he met with Chinese President Xi Jinping and Premier Li Qing. WATCH | Pakistan: China firm suspend power project after five engineers killed in Khyber Pakhtunkhwa attack China has yet to respond to the debt restructuring assistance claim made by Gunawardena’s office since the plans have not been made public, reported news agency AFP. The Sri Lankan PM’s office said that the Chinese premier had promised Beijing would “assist Sri Lanka’s debt restructuring process continuously and help Sri Lanka to develop its economy.” China has offered “assistance to develop” Colombo International Airport and Hambantota port, said a statement from Gunawardena’s office. Also Read | Baltimore bridge collapse: Joe Biden appreciates quick SOS sent by Indian crew on ship Hambantota, in southern Sri Lanka, was handed to a Chinese state-owned company in 2017 on a 99-year lease for $1.12 billion. The move has since sparked security concerns in India with New Delhi saying that the port could be used by Chinese research vessels for espionage. However, Sri Lanka has maintained that their ports will not be used for any military purposes. Xi reaffirms ties During his meeting with Gunawardena, Xi reportedly called for the consolidation of friendly relations between China and Sri Lanka and said that Beijing is willing to work with Colombo to carry forward the spirit of the Rubber-Rice Pact. He also called on Sri Lanka to join hands to advance their strategic cooperative partnership featuring sincere mutual assistance and ever-lasting friendship, according to an official statement. Also Read | China ‘strongly condemns’ terrorist attack on Chinese nationals in Pakistan China is Sri Lanka’s largest bilateral lender and owned 52 per cent of the $40 billion external debt when Colombo announced its sovereign default in 2022. The Sri Lankan PM’s visit came days after the IMF concluded its second review of the $2.9 billion bailout. (With inputs from agencies)

Chinese President Xi Jinping met with representatives of US businesses as Beijing seeks to woo foreign investment and reassure American firms in the face of a slowing economy. Watch in for more details!

China's president Xi Jinping meets US business giants

Amid tensions following a series of attacks on Chinese interests in Pakistan, China's Foreign Ministry Spokesperson Lin Jian addressed the media in a regular press conference on Wednesday (Mar 27), condemning the latest act of terrorism that claimed the lives of five Chinese nationals and a Pakistani driver.&nbsp;

This comes as a suicide bomber in Pakistan’s Khyber Pakhtunkhwa on Tuesday (Mar 26) targeted a vehicle by driving his explosive-laden car into it.&nbsp;

"We strongly condemn this act of terrorism. We express deep condolences over the lives lost and extend sincere sympathies to the bereaved families. We have previously stated our position on this incident," Lin Jian said.&nbsp;

In response to inquiries regarding the investigation and handling of the attack on the vehicle of the Dasu Hydropower Project, Lin Jian affirmed, "Immediately after the attack, the Ministry of Foreign Affairs and the Chinese Embassy in Pakistan activated the emergency response mechanism and swiftly engaged in emergency response and close communication with Pakistan both in Beijing and Islamabad."

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China also urged Pakistan to expedite the hunt for the perpetrators, ensure justice for the victims, and enhance security measures to safeguard Chinese personnel and projects in the region.

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In turn, Pakistan committed to "a thorough joint investigation to be conducted, utilising all resources of the state" to reassure China.&nbsp;

Expressing gratitude for international solidarity, Lin Jian stated, "We have noted the condemnation on the terrorist attack and condolences over Chinese victims from some countries. This is much appreciated."

Watch |&nbsp;<a href="https://www.wionews.com/videos/pakistan-china-firm-suspend-power-project-after-five-engineers-killed-in-khyber-pakhtunkhwa-attack-704829">Pakistan: China firm suspend power project after five engineers killed in Khyber Pakhtunkhwa attack</a>

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Moreover, Lin Jian also reinforced the shared responsibility in combating the menace of&nbsp;terrorism.

When questioned about the upcoming visit of Pakistani Prime Minister Shehbaz Sharif to Beijing, Lin Jian maintained a diplomatic stance, stating, "China and Pakistan maintain sound interactions at all levels. As for the specific visit you mentioned, I have nothing to share at the moment."

(With inputs from agencies)

Amid tensions following a series of attacks on Chinese interests in Pakistan, China's Foreign Ministry Spokesperson Lin Jian addressed the media in a regular press conference on Wednesday (Mar 27), condemning the latest act of terrorism that claimed the lives of five Chinese nationals and a Pakistani driver.

Amid tensions following a series of attacks on Chinese interests in Pakistan, China's Foreign Ministry Spokesperson Lin Jian addressed the media in a regular press conference on Wednesday (Mar 27), condemning the latest act of terrorism that claimed the lives of five Chinese nationals and a Pakistani driver. This comes as a suicide bomber in Pakistan’s Khyber Pakhtunkhwa on Tuesday (Mar 26) targeted a vehicle by driving his explosive-laden car into it. "We strongly condemn this act of terrorism. We express deep condolences over the lives lost and extend sincere sympathies to the bereaved families. We have previously stated our position on this incident," Lin Jian said. In response to inquiries regarding the investigation and handling of the attack on the vehicle of the Dasu Hydropower Project, Lin Jian affirmed, "Immediately after the attack, the Ministry of Foreign Affairs and the Chinese Embassy in Pakistan activated the emergency response mechanism and swiftly engaged in emergency response and close communication with Pakistan both in Beijing and Islamabad." Also Read | At least eight people killed after Israel and Lebanon’s Hezbollah exchange fire along border China also urged Pakistan to expedite the hunt for the perpetrators, ensure justice for the victims, and enhance security measures to safeguard Chinese personnel and projects in the region. Also Read | Protecting Palestinians a moral imperative, Pentagon chief tells Israeli Defence Minister Gallant In turn, Pakistan committed to "a thorough joint investigation to be conducted, utilising all resources of the state" to reassure China. Expressing gratitude for international solidarity, Lin Jian stated, "We have noted the condemnation on the terrorist attack and condolences over Chinese victims from some countries. This is much appreciated." Watch | Pakistan: China firm suspend power project after five engineers killed in Khyber Pakhtunkhwa attack × Moreover, Lin Jian also reinforced the shared responsibility in combating the menace of terrorism. When questioned about the upcoming visit of Pakistani Prime Minister Shehbaz Sharif to Beijing, Lin Jian maintained a diplomatic stance, stating, "China and Pakistan maintain sound interactions at all levels. As for the specific visit you mentioned, I have nothing to share at the moment." (With inputs from agencies)

China ‘strongly condemns’ terrorist attack on Chinese nationals in Pakistan

Pakistan: China firm suspend power project after five engineers killed in Khyber Pakhtunkhwa attack

Pakistan Bomb Attack: China halts Tarbela 5 hydropower extension project after attack

On Monday, the State Council – China’s cabinet – announced an investigative team would examine the handling of the floods and propose measures to improve disaster prevention, the official Xinhua news agency reported.

Eastern China battles severe flooding

Tensions between China and Philippines have flared up yet again. The two countries being at a Crossroads over several confrontations in the sea. Watch in for more details!

China-Philippines maritime standoff escalates, Beijing blames Manila for grounded ship

Chinese social media sensation Xiaohongshu has seen its growing popularity lead to profits for the first time, as the Instagram-like platform brings in revenues from advertising and a nascent ecommerce business. Watch in for more details!

What is Xiaohongshu? New Chinese app that promises 'honest advice'

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Pakistan: Five Chinese Engineers Killed in Suicide Attack in Khyber Pakhtunkhwa

Xiaohongshu's rising popularity in US

Who is behind hacking operation against US and UK?

Britain on Tuesday (Mar 26) summoned the chargé d’affaires of the Chinese embassy to register its protest against the alleged cyber-attacks from Chinese state actors against the UK’s democratic institutions.

“The (Foreign Office) set out the Government’s unequivocal condemnation of Chinese state-affiliated organisations and individuals undertaking malicious cyber activity against UK democratic institutions and parliamentarians," a spokesperson for Britain's Foreign Office said in a statement.

"The UK Government would not tolerate such threatening activity, and would continue to take strong action with partners across the globe to respond," the statement added.

<h2>Allegations against Chinese hackers</h2>

Authorities in the UK, US and New Zealand have accused China-linked hackers this week of targeting election officials, journalists, parliamentarians and pro-democracy activists.

The US State Department announced it was indicting seven hackers from the People's Republic of China (PRC), including Ni Gaobin, Weng Ming, Cheng Feng, Peng Yaowen, Sun Xiaohuannouncedi, Xiong Wang, and Zhao Guangzong.

“The United States Government is taking a series of actions against APT 31, a cyber threat group connected to the government of the People's Republic of China (PRC) that has targetted US officials, politicians and campaign officials, various US economic and defence entities and officials, as well as foreign democracy activists, academics, and government officials," the department said in a statement.

Watch:&nbsp;UK: Britain blames China for cyberattacks on election commission, politicians

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The UK also accused China of targeting “democratic institutions and parliamentarians" in two cyber campaigns. Deputy Prime Minister Oliver Dowden revealed that a "Chinese state-affiliated entity" likely compromised UK Electoral Commission systems, though election security remained unaffected.

<h2>China dismisses claims</h2>

As expected, the Chinese foreign ministry on Tuesday vehemently dismissed the claims and termed them as "typical political manipulation".

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"For some time, the U.S., for geopolitical purposes, has encouraged the Five Eyes Alliance, the world’s largest intelligence organisation dominated by the U.S., to fabricate and disseminate all kinds of disinformation about threats posed by Chinese hackers," said Foreign Ministry spokesperson Lin Jian.

<h2>Concerns</h2>

China’s activities threatening cyber security in democratic nations have raised concerns about its ambitions to meddle in the internal affairs of other nations. The fact that it’s been revealed in 2024, a year of high-stakes elections, is even more concerning.

Also read:&nbsp;<a data-ved="2ahUKEwjU_vzij5KFAxXmRmcHHUVACtgQxfQBKAB6BAgOEAE" href="https://www.wionews.com/world/at-least-five-chinese-nationals-local-driver-killed-in-suicide-bomb-attack-in-pakistan-reports-704377" jsname="YKoRaf" ping="/url?sa=t&amp;source=web&amp;rct=j&amp;opi=89978449&amp;url=https://www.wionews.com/world/at-least-five-chinese-nationals-local-driver-killed-in-suicide-bomb-attack-in-pakistan-reports-704377&amp;ved=2ahUKEwjU_vzij5KFAxXmRmcHHUVACtgQxfQBKAB6BAgOEAE">Five Chinese engineers, local driver killed in suicide bomb attack in Pakistan</a>

According to some observers, China’s increased cyber activity during such sensitive times can influence or disrupt the free and fair election processes in democratic nations.

(With inputs from agencies)

Britain on Tuesday (Mar 26) summoned the chargé d’affaires of the Chinese embassy to register its protest against the alleged cyber-attacks from Chinese state actors against the UK’s democratic institutions.

Britain on Tuesday (Mar 26) summoned the chargé d’affaires of the Chinese embassy to register its protest against the alleged cyber-attacks from Chinese state actors against the UK’s democratic institutions. “The (Foreign Office) set out the Government’s unequivocal condemnation of Chinese state-affiliated organisations and individuals undertaking malicious cyber activity against UK democratic institutions and parliamentarians," a spokesperson for Britain's Foreign Office said in a statement. "The UK Government would not tolerate such threatening activity, and would continue to take strong action with partners across the globe to respond," the statement added. Allegations against Chinese hackers Authorities in the UK, US and New Zealand have accused China-linked hackers this week of targeting election officials, journalists, parliamentarians and pro-democracy activists. The US State Department announced it was indicting seven hackers from the People's Republic of China (PRC), including Ni Gaobin, Weng Ming, Cheng Feng, Peng Yaowen, Sun Xiaohuannouncedi, Xiong Wang, and Zhao Guangzong. “The United States Government is taking a series of actions against APT 31, a cyber threat group connected to the government of the People's Republic of China (PRC) that has targetted US officials, politicians and campaign officials, various US economic and defence entities and officials, as well as foreign democracy activists, academics, and government officials," the department said in a statement. Watch: UK: Britain blames China for cyberattacks on election commission, politicians × The UK also accused China of targeting “democratic institutions and parliamentarians" in two cyber campaigns. Deputy Prime Minister Oliver Dowden revealed that a "Chinese state-affiliated entity" likely compromised UK Electoral Commission systems, though election security remained unaffected. China dismisses claims As expected, the Chinese foreign ministry on Tuesday vehemently dismissed the claims and termed them as "typical political manipulation". Also read: US announces sanctions against Chinese hackers for years-long cyber attack campaign "For some time, the U.S., for geopolitical purposes, has encouraged the Five Eyes Alliance, the world’s largest intelligence organisation dominated by the U.S., to fabricate and disseminate all kinds of disinformation about threats posed by Chinese hackers," said Foreign Ministry spokesperson Lin Jian. Concerns China’s activities threatening cyber security in democratic nations have raised concerns about its ambitions to meddle in the internal affairs of other nations. The fact that it’s been revealed in 2024, a year of high-stakes elections, is even more concerning. Also read: Five Chinese engineers, local driver killed in suicide bomb attack in Pakistan According to some observers, China’s increased cyber activity during such sensitive times can influence or disrupt the free and fair election processes in democratic nations. (With inputs from agencies)

Britain summons Chinese diplomat over ‘malicious cyber activity’

China has implemented new government procurement guidelines. These guidelines prioritise domestic technology, phasing out U.S. Microprocessors like those from Intel and AMD, as well as Microsoft's windows operating system, from government computers and servers. This shift aims to promote domestic alternatives and potentially reduce reliance on foreign technology.

China prohibits use of Intel, AMD chips in government systems & servers

British Deputy Prime Minister Oliver Dowden tells lawmakers that entities linked to the Chinese government were behind the alleged accessing of the personal details of 40 million UK voters and cyberattacks on lawmakers critical of China.

UK: Britain blames China for cyberattacks on election commission, politicians

A job advertisement from a Chinese grocery store which was looking for cashiers aged 18 to 30 sparked an outcry on social media from many older people still trying to find a job in a sluggish economy. In China, many millennial workers fear that they have succumbed to the “curse of 35".

<h2>About the advertisement&nbsp;</h2>

The user who posted a picture of the ad seeking cashiers garnered more than 140 million views and 41,000 comments on the social media platform Weibo, many of which were emotional. “It’s not easy,” said one user, according to Reuters.&nbsp;

“I am 33 this year and have been looking for a job for three years,” said another user.&nbsp;

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“I’ve been laid off three times since I graduated. Now, no one has replied to my resume even if I (write) I am unmarried and do not have a child,” another user wrote who said they were 29.&nbsp;

<h2>‘Curse of 35’</h2>

Many users also made references to what is now becoming widely referred to as the “Curse of 35”. The term was originally coined on Chinese social media and is used to describe rumoured layoffs of older workers by major tech companies.&nbsp;

There is no specific law against age discrimination, though state media last year criticised employers for “discriminatory” hiring practices, including those who looked for younger and cheaper workers.&nbsp;

However, this discrimination can even be seen in the Chinese government which rules out candidates above 35 for many of its civil servant positions, reported CNN.&nbsp;

Also Read |<a href="https://www.wionews.com/world/uk-to-give-details-of-cyber-security-threat-it-says-is-posed-by-china-704027">&nbsp;UK to give details of cyber security threat it says is posed by China</a>

“Was it difficult to find a job when you were over 35 before?” asked another Weibo user, adding “Now it’s 30 years old.”&nbsp;

“At the same time, the retirement age has to be delayed. So what are you going to do in between?” the user said.&nbsp;

This comes as the Chinese government prepared to raise the retirement age in phases as the population ages, the state media had reported, but no specific plans have been announced to do so yet.&nbsp;

(With inputs from agencies) 
&nbsp;

A job advertisement from a Chinese grocery store which was looking for cashiers aged 18 to 30 sparked an outcry on social media from many older people still trying to find a job in a sluggish economy.

A job advertisement from a Chinese grocery store which was looking for cashiers aged 18 to 30 sparked an outcry on social media from many older people still trying to find a job in a sluggish economy. In China, many millennial workers fear that they have succumbed to the “curse of 35". About the advertisement The user who posted a picture of the ad seeking cashiers garnered more than 140 million views and 41,000 comments on the social media platform Weibo, many of which were emotional. “It’s not easy,” said one user, according to Reuters. “I am 33 this year and have been looking for a job for three years,” said another user. Also Read | 'Overwhelmed' by kindness: Big-hearted Canadian man rescues 300 cats. Here's their heartwarming story “I’ve been laid off three times since I graduated. Now, no one has replied to my resume even if I (write) I am unmarried and do not have a child,” another user wrote who said they were 29. ‘Curse of 35’ Many users also made references to what is now becoming widely referred to as the “Curse of 35”. The term was originally coined on Chinese social media and is used to describe rumoured layoffs of older workers by major tech companies. There is no specific law against age discrimination, though state media last year criticised employers for “discriminatory” hiring practices, including those who looked for younger and cheaper workers. However, this discrimination can even be seen in the Chinese government which rules out candidates above 35 for many of its civil servant positions, reported CNN. Also Read | UK to give details of cyber security threat it says is posed by China “Was it difficult to find a job when you were over 35 before?” asked another Weibo user, adding “Now it’s 30 years old.” “At the same time, the retirement age has to be delayed. So what are you going to do in between?” the user said. This comes as the Chinese government prepared to raise the retirement age in phases as the population ages, the state media had reported, but no specific plans have been announced to do so yet. (With inputs from agencies)

Chinese ad looking for people under 30 sparks outcry from older job seekers

Here, we bring you the news that is trending across WION's social media platforms- A notorious hacking gang allegedly linked to the Chinese government has been identified by the British cyber defence officials as the group that carried out cyber attacks on email accounts of parliamentarians.

Chinese hacking group allegedly steals private info of Americans

At least five Chinese nationals and their Pakistani driver have been killed after their convoy was attacked by a suicide bomber in Pakistan’s Khyber Pakhtunkhwa, on Tuesday (Mar 26), the police confirmed. This was the third major attack on Chinese interests in Pakistan in a week.&nbsp;

<h2>What we know about the incident</h2>

Mohammad Ali Gandapur, the regional police chief told Reuters that a suicide bomber rammed an explosives-laden vehicle into a convoy of Chinese engineers which was on its way from the Pakistan capital city, Islamabad to their camp in Dasu. &nbsp;

Breaking | Chinese Nationals killed in Pakistan suicide blast

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/breaking-chinese-nationals-killed-in-pakistan-suicide-blast-704390/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>

The attack took place in the Shangla district’s Besham city, in the Khyber Pakhtunkhwa province.&nbsp;

“Five Chinese nationals and their Pakistani driver were killed in the attack,” said Gandapur. Notably.&nbsp;Dasu is the site of a major dam and the area has been attacked before.&nbsp;

Local media reports citing officials said that it was a “suicide blast” and that the provincial police had reached the spot and started relief operations.

“We will investigate from where and how the vehicle of a suicide bomber came and how it happened,” Besham station house officer Bakht Zahir told Dawn.&nbsp;

According to rescue officials, after the blast, the vehicle fell into a gorge and caught fire. The blaze has since been put out by the emergency team.&nbsp;

So far, no one has claimed responsibility for the attack.&nbsp;

Also Read |&nbsp;<a href="https://www.wionews.com/south-asia/separatist-militant-group-launches-assault-on-pakistans-pns-siddique-naval-base-in-balochistan-704216">Pakistan's second-biggest naval base in Balochistan attacked by separatist militant group</a>

In 2021, at least 13 people, including nine Chinese nationals, were killed during an attack on a vehicle that was carrying them to an under-construction tunnel site of the Dasu hydropower project.&nbsp;

China's&nbsp;embassy in Pakistan released a statement after the attack and called for&nbsp;an investigation.&nbsp;

"The Chinese Embassy and Consulates General in Pakistan have launched an emergency plan immediately, requesting the Pakistani side to thoroughly investigate the attack and severely punish the perpetrators...(we) are&nbsp;taking all necessary measures to protect the safety of Chinese citizens, institutions and projects in Pakistan,&nbsp;and to ensure such incidents will not happen again."

<h2>Attack on Chinese interests in Pakistan</h2>

Beijing has invested billions in infrastructure projects as part of the China-Pakistan Economic Corridor (CPEC), and several Chinese engineers have been working on a number of projects in the South Asian country.&nbsp;

Pakistan President Asif Ali Zardari took to X and strongly condemned the attack and offered condolences to the families of the Chinese nationals and Beijing’s government.&nbsp;

He added that those who are hostile to Pakistan will “never succeed in harming Pak-China friendship”.&nbsp;

Also Read |&nbsp;<a href="https://www.wionews.com/world/putin-claims-radical-islamists-orchestrated-moscow-concert-attack-reasserts-ukraines-link-704241">Putin repeats Islamist, Ukraine link with Moscow concert attack</a>

The attacks also come ahead of Prime Minister Shehbaz Sharif’s visit to China, reported Reuters citing a source in the PM’s Office.&nbsp;

The first two attacks on Chinese interests this week included the targeting of an airbase and a strategic port in the southwest province of Balochistan.&nbsp;

The reportedly deadly attack on Pakistan’s second-largest naval air station, the PNS Siddique in Turbat took place earlier on Tuesday (Mar 26) the responsibility of which was claimed by the Majeed Brigade of the Balochistan Liberation Army, a proscribed separatist militant organisation based in Afghanistan.&nbsp;

The attack on the naval air station was marked by intense gunfire and multiple explosions.

(With inputs from agencies) 
&nbsp;

At least five Chinese nationals and their Pakistani driver have been killed after their convoy was attacked by a suicide bomber in Pakistan’s Khyber Pakhtunkhwa, on Tuesday (Mar 26), the police confirmed.

At least five Chinese nationals and their Pakistani driver have been killed after their convoy was attacked by a suicide bomber in Pakistan’s Khyber Pakhtunkhwa, on Tuesday (Mar 26), the police confirmed. This was the third major attack on Chinese interests in Pakistan in a week. What we know about the incident Mohammad Ali Gandapur, the regional police chief told Reuters that a suicide bomber rammed an explosives-laden vehicle into a convoy of Chinese engineers which was on its way from the Pakistan capital city, Islamabad to their camp in Dasu. Breaking | Chinese Nationals killed in Pakistan suicide blast The attack took place in the Shangla district’s Besham city, in the Khyber Pakhtunkhwa province. “Five Chinese nationals and their Pakistani driver were killed in the attack,” said Gandapur. Notably. Dasu is the site of a major dam and the area has been attacked before. Local media reports citing officials said that it was a “suicide blast” and that the provincial police had reached the spot and started relief operations. “We will investigate from where and how the vehicle of a suicide bomber came and how it happened,” Besham station house officer Bakht Zahir told Dawn. According to rescue officials, after the blast, the vehicle fell into a gorge and caught fire. The blaze has since been put out by the emergency team. So far, no one has claimed responsibility for the attack. Also Read | Pakistan's second-biggest naval base in Balochistan attacked by separatist militant group In 2021, at least 13 people, including nine Chinese nationals, were killed during an attack on a vehicle that was carrying them to an under-construction tunnel site of the Dasu hydropower project. China's embassy in Pakistan released a statement after the attack and called for an investigation. "The Chinese Embassy and Consulates General in Pakistan have launched an emergency plan immediately, requesting the Pakistani side to thoroughly investigate the attack and severely punish the perpetrators...(we) are taking all necessary measures to protect the safety of Chinese citizens, institutions and projects in Pakistan, and to ensure such incidents will not happen again." Attack on Chinese interests in Pakistan Beijing has invested billions in infrastructure projects as part of the China-Pakistan Economic Corridor (CPEC), and several Chinese engineers have been working on a number of projects in the South Asian country. Pakistan President Asif Ali Zardari took to X and strongly condemned the attack and offered condolences to the families of the Chinese nationals and Beijing’s government. He added that those who are hostile to Pakistan will “never succeed in harming Pak-China friendship”. Also Read | Putin repeats Islamist, Ukraine link with Moscow concert attack The attacks also come ahead of Prime Minister Shehbaz Sharif’s visit to China, reported Reuters citing a source in the PM’s Office. The first two attacks on Chinese interests this week included the targeting of an airbase and a strategic port in the southwest province of Balochistan. The reportedly deadly attack on Pakistan’s second-largest naval air station, the PNS Siddique in Turbat took place earlier on Tuesday (Mar 26) the responsibility of which was claimed by the Majeed Brigade of the Balochistan Liberation Army, a proscribed separatist militant organisation based in Afghanistan. The attack on the naval air station was marked by intense gunfire and multiple explosions. (With inputs from agencies)

Five Chinese engineers, local driver killed in suicide bomb attack in Pakistan

The New Zealand government said it had raised concerns on Tuesday with the Chinese government about its involvement in a state-sponsored cyber hack on New Zealand’s parliament in 2021, which was uncovered by the country’s intelligence services.

New Zealand: Chinese hackers behind 2021 parliament cyber attack

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