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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


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


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


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


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


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


Chinese Universities Offer New IA Courses to Meet National Goals
Tsinghua University and other Chinese institutions are launching new AI programs to build a skilled workforce and drive China’s global AI.
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


Huawei Cuts Prices on Smartphones, Tablets, and More Amid Growing Competition
Huawei’s price cuts on flagship devices could shift the competition, offering consumers easier access to premium tech.
Dec 30, 20242 min read


China’s DeepSeek Unveils AI Model That Beats OpenAI, Meta
DeepSeek’s AI model DeepSeek V3 challenges Meta and OpenAI, highlighting Chinese innovation despite restrictions.
Dec 27, 20242 min read


Russia Hits TikTok with $28,930 Fine for Violating Regulations
Russian court fines TikTok $28,930 in ongoing efforts to regulate foreign social media platforms.
Dec 27, 20242 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


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


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


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
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