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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.

DeepSeek's cost-effective AI model raises eyebrows globally, challenging industry norms and causing a stir in AI investment strategies.

Miniso raises $550 million in debt to fuel global expansion and share buy-backs, supporting its goal of becoming a global lifestyle leader.

US actions against Tencent and CATL triggered stock declines and market uncertainty ahead of Trump’s second term.

Amazon takes action against Chinese sellers offering lower prices on Temu, as competition with the budget retailer intensifies.

Apple is negotiating with Tencent and ByteDance to navigate regulatory challenges and integrate AI models into iPhones in China.

Tencent’s partnership with Honor advances AI development, while Apple faces regulatory hurdles in bringing AI to iPhones in China.

Ant Group responds to growing rumors and clarifies its stance on an IPO restart, emphasizing that it has no current plans to go public.

The Supreme Court will decide if a law forcing TikTok’s sale violates free speech, as the app faces a potential U.S. ban.

Ralph Lauren's victory highlights China's commitment to enforcing IP rights, with a record compensation for trademark infringement.

Walmart’s partnership with Meituan offers 30-minute deliveries, boosting its digital presence in China’s competitive retail market.

Alibaba's sale of its Intime stake signals a shift back to e-commerce, moving away from its previous offline retail focus.

WeChat intensifies its crackdown on generative AI abuse, deleting deepfake marketing videos and banning accounts impersonating celebrities.