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THE CHINA NOW


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


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


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


Tencent’s Yuanbao AI Chatbot Surpasses DeepSeek in China’s iOS App Store
Tencent’s Yuanbao AI tops DeepSeek in China’s iOS rankings after integrating DeepSeek’s R1 model, advancing the AI chatbot race.
Mar 52 min read


BYD Launches DJI Drone System to Revolutionize Electric Vehicles in China
BYD launches the AI-powered Lingyuan drone with DJI, featuring a rooftop docking station in China’s EV market.
Mar 42 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


WeChat on HarmonyOS: Huawei's Strategic Move to Disrupt Android and iOS in China
Huawei’s WeChat integration into HarmonyOS boosts its position in China’s premium smartphone market.
Jan 133 min read


Honor Plans Major Push Into Indonesia’s Smartphone Market with 30 New Products
Honor is launching 30 new products in Indonesia, including foldable smartphones, to tap into Southeast Asia’s premium tech market.
Jan 72 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


Apple Slashes iPhone Prices in China to Compete with Huawei
Apple’s rare iPhone discounts in China come as the company faces increased competition from Huawei and a cautious consumer market.
Jan 22 min read


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


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 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
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