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Apple’s Tim Cook Praises DeepSeek’s AI Models Ahead of Shanghai Developer Conference
Tim Cook praises DeepSeek as Apple readies its AI-driven Intelligence launch at the Shanghai conference, amid market challenges.
Mar 242 min read
Geely’s 2024 Profit Jumps 213%, Fueled by Strong EV Sales and Asset Disposals
Geely’s record 2024 profit stems from strong EV sales and strategic asset sales, positioning it for continued growth.
Mar 212 min read
Xpeng Predicts Robotics Industry Will Outpace Automotive Sector in the Coming Years
Xpeng plans to revolutionize robotics and automotive industries by mass-producing humanoid robots and flying cars by next year.
Mar 212 min read
Tencent Reports 90% Surge in Profit for Q4, Driven by Strong Gaming and AI
Tencent’s fourth-quarter profits soared thanks to strong gaming revenue and the successful integration of AI technologies in advertising.
Mar 212 min read
Tesla Plans Cheaper Model Y and Self-Driving Upgrades to Regain Market Share in China
Tesla aims to regain traction in China with a 20% cheaper Model Y and Baidu map integration for better self-driving.
Mar 213 min read
Temu Owner PDD Sees 87% Profit Growth in 2024 Amid Strong E-Commerce Demand
Photo by FMT Summary PDD Holdings, owner of Temu and Pinduoduo, reported an 87% increase in annual profit for 2024, thanks to strong revenue growth in online marketing and transaction services. PDD’s net profit reached USD 15.4 billion, with revenue climbing by 59% to USD 54.3 billion. The company’s expansion plans are facing challenges due to global competition, but its focus on innovation and strategic investments is expected to help it navigate future obstacles. PDD Holdin
Mar 213 min read
How DeepSeek’s Affordable AI is Shaping the Future of Global Tech Competition
DeepSeek's rapid rise challenges the dominance of Western AI models, offering competitive performance at a fraction of the price.
Mar 213 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
China’s Premier Urges Private Enterprises to Prepare for Economic Storms
China’s Premier urges private enterprises to adapt to trade pressures, with the government pledging more support to boost resilience.
Mar 213 min read
China Has More Economic Tools in Reserve to Tackle Trump’s Trade Threats
China prepares an economic strategy for 2025, with plans to boost consumption and technology while addressing trade tensions with the US.
Mar 73 min read
Explained: How Deepseek is Pushing China's AI Start-Ups to Rapidly Fight Back
China's DeepSeek disrupts the global AI industry with affordable models, driving competition among local startups.
Mar 73 min read
New Chinese AI Agent Manus Surpasses OpenAI’s Deep Research in Key Performance Areas
Manus, the new AI agent from Monica.Im, outperforms OpenAI’s Deep Research, setting a new standard for AI in China.
Mar 62 min read
China Leads US in Quantity and Quality of Semiconductor Research, Reports Find
China surpasses the US in semiconductor research, doubling the number of papers and strengthening its chip design capabilities.
Mar 62 min read
Xpeng Tops Chinese EV Startups with 570% Growth in February 2025
Xpeng leads China’s EV market with 30,000+ deliveries in February 2025, amid rising competition.
Mar 62 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
5 Takeaways from China’s Economic Briefing at the ‘Two Sessions’
China outlines economic plans for 2025, focusing on growth, trade stability, and financial reforms.
Mar 62 min read
Alibaba’s New AI Model Outperforms DeepSeek and OpenAI, Marking a New Era in AI Development
Alibaba’s QwQ-32B AI challenges DeepSeek and OpenAI with efficient design and superior performance.
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
U.S.-China Trade War Intensifies with China’s Fresh Tariffs on U.S. Agriculture
China raises tariffs on U.S. agriculture, restricts exports, escalating trade tensions but keeping talks open.
Mar 52 min read
Evidence Disproves Trump’s Claims of China’s ‘Cheap Yuan’
Despite Trump’s claims, evidence shows China’s yuan remains stable as the PBOC upholds currency strength amid global challenges.
Mar 53 min read
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