News & Articles

The move could give a further boost to NIO’s long-term plan to split its money-losing power unit into a standalone business.

Xiaomi’s budget smartphone sub-brand, Redmi, launched the Redmi K70 series on Wednesday, marking the brand’s 10th anniversary. At the anniversary event, Redmi CEO Lu Weibing claimed that the global sales of Redmi mobile phones amounted to one billion units in ten years. The Redmi K70 series […]

Alibaba founder Jack Ma rarely appeared in an internal memo urging the e-commerce giant to “change and reform” after rival PDD nearly closed in on Alibaba’s market capitalization with a stronger earnings report. Ma congratulated eight-year-old PDD for its decision-making, execution, and […]

Chinese video platform Bilibili reported flat revenue of RMB 5.8 billion ($795.7 million) in the last quarter, managing to narrow its net loss by 22% to RMB 1.3 billion. This positions the company on a gradual path towards its commitment to achieve profitability by 2024. Revenues from mobile games […]

On Wednesday, a donation signing ceremony was held at Wuhan University, where Xiaomi CEO Lei Jun donated 1.3 billion ($183 million) to his alma mater to celebrate its 130th anniversary. This donation sets a new record for the largest single donation to Wuhan University since its establishment in […]

A year after the massive demonstrations against draconian lockdown rules, participants have an abiding new sense of strength and responsibility.

Chinese-owned semiconductor company Nexperia announced on Monday that the Dutch government has approved its acquisition of Nowi, a Dutch semiconductor startup. Previously, the Dutch government had been investigating the transaction on the grounds of national security. Why it matters: In June, the […]

Chinese on-demand delivery giant Meituan reported a 22.1% revenue jump to RMB 76.47 billion in the last quarter, with revenue from core local commerce, including food delivery and Meituan Instashopping, rising 24.5% to RMB 57.69 billion. During the three-month period, food delivery orders reached a […]

Nvidia is recruiting scientists and engineers for its autonomous driving team in China, as indicated by a job post on the social media platform WeChat published on Tuesday. The US artificial intelligence giant aims to capitalize on the increasing demand for assisted driving technology. This move […]

On Tuesday, Chinese chip designer Loongson unveiled its latest 3A6000-series processors, based on the self-developed LoongArch microarchitecture. The 3A6000 CPU boasts a quad-core design with four cores and eight threads, operating at a peak frequency of 2.5 GHz. The overall performance of the […]

Revenue at Temu’s owner PDD almost doubled in the third quarter while profit rose nearly 50% as the hit budget shopping app continued to win over millions of Chinese consumers this fall. The Shanghai-headquartered company reported stronger-than-expected revenue of RMB 68.8 billion, representing […]

Xpeng Motors announced on Tuesday that it has initiated a broad release of its advanced driver assistance system in China. Car owners who purchased its Navigation Guided Pilot (XNGP) package in 25 major cities can now download the latest software. This enables Xpeng’s electric vehicle to operate […]

Will the controversial Chinese government-funded programs rise again under another name?

Fast fashion giant Shein has confidentially filed for an IPO in the US, Reuters reported on Monday, citing two sources. The move puts to an end long-running speculation around the China-founded company’s intentions to go public. Why it matters: A successful listing for the fast-fashion giant […]

Huawei is on track to reach record monthly deliveries of between 16,000 and 18,000 Aito-branded electric vehicles with manufacturing partner Seres this month, with that number expected to surpass 23,000 in December and further increase to over 30,000 in January, Richard Yu, chief executive of […]

TikTok maker ByteDance announced on Monday that its gaming brand Nuverse plans to scale down and adjust its structure, but this move will not affect those launched games. As for unreleased projects, apart from a few innovative technical projects, all others will be halted, ByteDance stated. Bullet […]

Apple is set to mass-produce its first-generation MR (mixed reality) product, Vision Pro, in December, with the proportion of the supply chain in China significantly increasing to 60%, as exclusively reported by the local media outlet Jiemian. The initial batch will be around 400,000 units, as […]

Tesla’s China operations team on Monday denied that a technical failure was to blame for a crash on Nov. 25 in the southwestern city of Chengdu involving a speeding Tesla and 11 other vehicles; three were injured but no one was killed. An analysis of the car by the US automaker found the […]

The pan-Blue camp’s attempt to settle on a unity ticket came crashing down last week in an embarrassing televised spectacle.

This year’s United Nations climate change conference is expected to be the last for China’s veteran climate envoy.

China Business Dinner Etiquette as Though it Matters Ten years ago, I’d often get asked about Chinese business dinner etiquette. Back then, “everyone” was going to China, and many were terrified about messing up. I would try to calm their nerves by explaining how etiquette is less important […]

The reorganization is a rare move for Huawei –, a company under 100% ownership of founder Ren Zhengfei and its staff since 2003.

A former assistant of Jack Ma refuted that Ma’s new venture would involve selling pre-packaged food, following speculation over the exact business of the Alibaba founder’s venture named Ma’s Kitchen Food. Chen Wei, Ma’s former assistant, posted on his WeChat Circle on Nov.25 saying […]

Intel’s processor Lunar Lake will likely generate orders exceeding $14 billion for TSMC over the next two years, revealed semiconductor analyst Andrew Lu on Facebook. Following Apple, Intel may become TSMC’s second-largest customer for the advanced 3nm processor. Andrew Lu broke down TSMC’s […]

Damo Academy, the research initiative of e-commerce giant Alibaba, has donated its Quantum Lab and related equipment to Zhejiang University, the company told local outlet Caixin after an early report claimed the cutting-edge disciplines-focused lab had been disbanded, affecting more than 30 […]

ByteDance is set to exit the game sector by shutting down its major gaming arm, Nuverse, according to local media outlet IFENG. Insiders revealed that ByteDance will announce the closure of Nuverse on Monday, instructing employees internally to cease development on all unreleased games. Meanwhile, […]

A Chinese “diplomat” today is no longer someone who conducts diplomacy, but is rather a faithful envoy who spreads Xi Jinping diplomatic thought to the world.

China Manufacturing Problems are Increasing Our law firm’s international manufacturing lawyers are seeing a big increase in emails from foreign companies seeking assistance with China manufacturing issues like defective products or delayed shipments. These requests mostly stem from growing […]

The EU’s forthcoming directive on product liability should make you nervous if you import products to and sell in Europe. To cover this important topic, two highly experienced guests provide their insights and advice: Clive Greenwood, compliance counsel at Liangma law firm in Shenzhen, […]

Alibaba CEO Eddie Wu will continue to lead the company’s cloud division in a recent organizational restructure. Wu assumed the role in September following Daniel Zhang’s surprise step down. It is widely believed within Alibaba that Wu is temporarily serving as the chief executive of the […]