Business

Microsoft closes its IoT & AI Lab in Shanghai, signaling a retreat from China amid rising geopolitical tensions and regulatory pressures.

Huawei’s consumer business rises 38%, fueled by strong smartphone sales and profitable automotive solutions, despite US sanctions.

Chagee, a top Chinese tea chain, reports a revenue surge and plans a U.S. IPO, driven by strong product demand.

Apple launches a USD 99.2 million clean energy fund in China to help transition its supply chain to 100% renewable energy by 2030.

Nike faces declining sales, especially in China, with restructuring and tariffs hindering growth.

Photo by FMT Summary JD.com outperformed quarterly revenue expectations, with strong demand and year-end sales. The company saw...

Adidas China saw double-digit growth in 2024, driven by localized operations and a stronger focus on sports fashion.

The decline in Kweichow Moutai’s demand threatens both the company’s growth and Guizhou province's financial stability.