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THE CHINA NOW


Huawei’s Mate 70 Pro Series Smartphones Rely on South Korean Chip, Not Chinese
Huawei's Mate 70 Pro uses SK Hynix chips as Chinese supply is limited by U.S. export restrictions.
Dec 26, 20243 min read


Foxconn Invests US$82 Million in New EV Battery Plant to Diversify Business
Foxconn's new EV battery facility in Zhengzhou marks its push into electric vehicles, reducing reliance on Apple.
Dec 26, 20243 min read


Li Auto Expands into AI and Robotics in Bid to Rival Tesla
Li Auto expands its focus beyond electric vehicles, pushing into AI and humanoid robotics, aiming to become a tech leader by 2025.
Dec 26, 20243 min read


CATL’s New EV Chassis Can Withstand 120 km/h Crash, Changing Vehicle Safety
CATL unveils a revolutionary EV chassis with enhanced safety, setting new production standards, led by Avatr, Changan Auto, and Huawei.
Dec 26, 20243 min read


Chinese Car Exports Forecast to Grow 14% in 2025 Despite EU Tariffs
Despite EU tariffs slowing EV exports, China remains the top car exporter, focusing on hybrid models for markets like Europe.
Dec 26, 20243 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


China's Electric Vehicle Export Value Falls 42% Amid EU Tariff Pressures
The sharp decline in China’s EV exports reflects rising EU tariffs and weaker demand in key markets like Latin America and Southeast Asia.
Dec 23, 20242 min read


China to Expand Market Access for Foreign Firms, Premier Li Qiang Pledges
Premier Li Qiang’s pledges reinforce China’s focus on stabilizing foreign investment and expanding its economic influence.
Dec 23, 20242 min read


China’s Foldable Smartphone Shipments Slow in 2024 Amid Global Demand Dip
China’s foldable smartphone market is slowing in 2024, reflecting a global demand dip and shifting tech industry dynamics.
Dec 23, 20243 min read


U.S. Targets Chinese Legacy Chips in New Trade Probe
The Biden probe into China’s legacy semiconductors could raise tariffs, impacting global trade and the tech and automotive sectors.
Dec 23, 20242 min read


How China’s Growing Influence Will Shape Global Trade Agreements in 2025
China is set to bolster its global trade role by 2025, driven by initiatives like the BRI, RCEP, and new Free Trade Agreements.
Dec 23, 20244 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


China Cracks Down on Influencers and Merchants with New Tax Reporting Rules
China's tax authority introduces new rules for income reporting by influencers and merchants to boost e-commerce oversight.
Dec 20, 20243 min read


European Battery Industry Turns to China for Support Following Northvolt’s Collapse
Europe's EV battery industry gains momentum through Chinese partnerships with Gotion and CATL.
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


China’s Premier Li Qiang Vows to End Unfair Targeting of Private Firms
Premier Li Qiang announces a 2025 initiative to regulate business-related law enforcement and improve the business environment in China.
Dec 19, 20243 min read


Tesla Gigafactory Director Resigns to Join Chinese Auto Startup
Song Gang’s resignation marks a turning point for Tesla in China as he joins a rival auto brand.
Dec 19, 20243 min read


Tencent-Backed Directors Resign from Epic Games Amid U.S. Antitrust Concerns
The U.S. Justice Department's antitrust concerns over Tencent's influence on Epic Games and Riot Games prompt major changes to Epic's board.
Dec 19, 20242 min read


China Maintains 5% GDP Growth Target for 2025, Focuses on Proactive Measures
China is sticking to a 5% GDP growth target for 2025, focusing on proactive fiscal policies and increased flexibility for local authorities.
Dec 19, 20243 min read
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