News

At the World Economic Forum, premier Li Qiang reaffirmed China’s confidence in long-term growth despite deflationary pressure and trade tensions. He cited efforts to boost consumption and stabilize ...
BYD has reduced shifts and delayed expansion at some factories in China amid rising inventory and softening sales, according to sources. Output growth slowed to its lowest in over a year between April ...
Xiaomi will open its first store in South Korea on June 28 at Seoul’s IFC Mall. The 60-square-meter location will offer integrated sales and after-sales support for all product lines, including ...
WeChat mini games saw PC usage climb 55% over the past year, fueling a 40% expansion in commercial scale and a threefold increase in paid user acquisition. Livestream watch time rose 54%, and short ...
Yonghui Superstores said it aims to complete upgrades at 200 locations by September 30, doubling its previous pace. The overhaul will focus on employee training and private-label product development, ...
Accounting software firm Xero will acquire Melio Payments for up to USD 2.5 billion in its largest deal to date, aiming to accelerate growth in the US and expand services for small businesses. The ...
A Chinese team led by Nankai University has completed what it calls the world’s first human trial of a brain-computer interface implanted via blood vessels, helping a paralyzed patient regain limb ...
Prices for drone parts shipped from China to the US have surged as much as fourfold since Beijing imposed export controls on dual-use technologies in 2024, customs data shows. Infrared device exports ...
iFlytek has launched a suite of AI products in Hong Kong, including a medical chatbot and multilingual transcription tools, while establishing the city as its international headquarters. The company ...
Bilibili has launched an AI-powered feature on its marketing platform that helps brands match with content creators based on campaign goals, budget, and audience profiles. The tool analyzes creator ...
Tims China, operator of the Tim Hortons chain in China, narrowed its Q1 2025 net loss to RMB 58.9 million as cost cuts lifted store-level margins to 6.7%. Revenue fell 9.5% due to closures and lower ...
Alibaba Cloud will expand access to its Qwen AI models and Model Studio platform through international data centers this year, senior vice president Liu Weiguang said. The move supports growing global ...