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CHINA 7-DAY REPO RATE FALLS 9.75 BPS TO 1.3119%, LOWEST SINCE AUG 2022

2026-04-03

CHINA 7-DAY REPO RATE FALLS 9.75 BPS TO 1.3119%, LOWEST SINCE AUG 2022

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2026-04-03

Xiaomi is projecting a 13% decline in smartphone sales this year and is pivoting its offline strategy toward home appliances, halting store expansion, according to to people familiar with the matter, as reported by Caijing. The company did not immedi

Xiaomi is projecting a 13% decline in smartphone sales this year and is pivoting its offline strategy toward home appliances, halting store expansion, according to to people familiar with the matter, as reported by Caijing. The company did not immediately respond to requests for comment.
2026-04-03

Alibaba Group Holding Ltd.’s latest large language model, Qwen 3.6-Plus, ranked second globally on Code Arena, a coding-focused benchmark under LMArena, becoming the highest-ranked Chinese model. The model trailed Anthropic’s Claude-Opus-4.6-Thinking

Alibaba Group Holding Ltd.’s latest large language model, Qwen 3.6-Plus, ranked second globally on Code Arena, a coding-focused benchmark under LMArena, becoming the highest-ranked Chinese model. The model trailed Anthropic’s Claude-Opus-4.6-Thinking (1540) but outscored offerings from OpenAI and Google, including GPT-5.0-High (1448) and Gemini 3.1 Pro Preview (1440). Released April 2, Qwen 3.6-Plus features native multimodal reasoning and strong coding and agent capabilities, with further models, including a Qwen 3.6-Max version, expected soon.
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