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THE CHINA NOW


Pop Mart Stock Falls as China Calls Blind Boxes Addictive
Even as its toy sales soar overseas, Pop Mart faces pressure at home over how it markets blind boxes.
Jun 202 min read


Apple Launches USD 99.2 Million Clean Energy Fund in China to Boost Renewable Energy
Apple launches a USD 99.2 million clean energy fund in China to help transition its supply chain to 100% renewable energy by 2030.
Mar 242 min read


Nike China Reports Sales Dip but Exceeds Earnings Projections in Q3 2025
Nike faces declining sales, especially in China, with restructuring and tariffs hindering growth.
Mar 213 min read


JD.com Exceeds Expectations with $47.91 Billion in Quarterly Revenue
Photo by FMT Summary JD.com outperformed quarterly revenue expectations, with strong demand and year-end sales. The company saw double-digit growth in key metrics, including active users and shopping frequency. The Chinese government's stimulus measures and incentives boosted JD.com 's sales in sectors like home appliances. JD.com, one of China's leading e-commerce giants, has reported a stellar performance, surpassing market expectations for its quarterly revenue. The compa
Mar 62 min read


Adidas China Reports Double-Digit Growth in 2024, Reaching $3.4 Billion
Adidas China saw double-digit growth in 2024, driven by localized operations and a stronger focus on sports fashion.
Mar 62 min read


Moutai’s Decline Adds Pressure to China’s Most Indebted Province
The decline in Kweichow Moutai’s demand threatens both the company’s growth and Guizhou province's financial stability.
Mar 42 min read


DeepSeek AI Model Claims Unprecedented Cost-Profit Ratio of 545%
DeepSeek's cost-effective AI model raises eyebrows globally, challenging industry norms and causing a stir in AI investment strategies.
Mar 42 min read


Miniso Issues $550 Million in Debt to Support Global Growth Strategy
Miniso raises $550 million in debt to fuel global expansion and share buy-backs, supporting its goal of becoming a global lifestyle leader.
Jan 72 min read


US Accuses Tencent, CATL of Military Ties, Sending Stocks Into Decline
US actions against Tencent and CATL triggered stock declines and market uncertainty ahead of Trump’s second term.
Jan 72 min read


Amazon Tells Temu: Drop Prices or Face Consequences
Amazon takes action against Chinese sellers offering lower prices on Temu, as competition with the budget retailer intensifies.
Dec 26, 20243 min read


Apple Eyes AI Partnership with Tencent and ByteDance for iPhones in China
Apple is negotiating with Tencent and ByteDance to navigate regulatory challenges and integrate AI models into iPhones in China.
Dec 20, 20243 min read


Tencent and Honor Join Forces on AI as Apple Struggles in China
Tencent’s partnership with Honor advances AI development, while Apple faces regulatory hurdles in bringing AI to iPhones in China.
Dec 20, 20243 min read


No IPO Plans: Ant Group Responds to Market Rumors
Ant Group responds to growing rumors and clarifies its stance on an IPO restart, emphasizing that it has no current plans to go public.
Dec 19, 20243 min read


U.S. Supreme Court Decides to Review Law Banning Chinese-Owned TikTok
The Supreme Court will decide if a law forcing TikTok’s sale violates free speech, as the app faces a potential U.S. ban.
Dec 18, 20243 min read


Chinese Court Sides with Ralph Lauren in Trademark Lawsuit Against Chinese Companies
Ralph Lauren's victory highlights China's commitment to enforcing IP rights, with a record compensation for trademark infringement.
Dec 17, 20243 min read


Walmart Partners with Meituan for 30-Minute Deliveries Across China
Walmart’s partnership with Meituan offers 30-minute deliveries, boosting its digital presence in China’s competitive retail market.
Dec 17, 20243 min read


Alibaba Sells Intime at US$1.3 Billion Loss in Retreat from Offline Retail
Alibaba's sale of its Intime stake signals a shift back to e-commerce, moving away from its previous offline retail focus.
Dec 17, 20242 min read


WeChat Targets AI-Generated Deepfake Scams in Latest Crackdown
WeChat intensifies its crackdown on generative AI abuse, deleting deepfake marketing videos and banning accounts impersonating celebrities.
Dec 16, 20242 min read


Baidu and Geely’s EV Venture Faces Employee Uproar After Revealing Need for Fresh Funding
Baidu and Geely's EV joint venture, Ji Yue Auto, plans to raise capital and cut costs amid financial struggles, unrest, and a price war.
Dec 12, 20243 min read


China's C919 Aircraft Sets Stage for Industry Shake-Up as Regional Rivalry Intensifies
As China’s C919 program advances, local governments race to secure contracts, boosting competition to strengthen the aerospace supply chain.
Dec 10, 20242 min read
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