All News

Apple, Tesla, and Walmart are hit by Trump’s new tariffs on China imports, with Apple facing a 9% margin loss.

U.S. tariffs have disrupted Apple’s supply chain, causing stock drops for suppliers like Goertek and Luxshare.

China’s manufacturing grew in March, driven by exports and improved employment, but domestic demand remains weak.

Walmart pressures Chinese suppliers for price cuts amid U.S. tariffs while diversifying its supply chain to lessen reliance on China.

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

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

BYD's Qin L provides a budget-friendly alternative to Tesla's Model 3, launching as Tesla faces declining sales in China.

Tencent’s fourth-quarter profits soared thanks to strong gaming revenue and the successful integration of AI technologies in advertising.

Tesla aims to regain traction in China with a 20% cheaper Model Y and Baidu map integration for better self-driving.

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

China’s Premier urges private enterprises to adapt to trade pressures, with the government pledging more support to boost resilience.

China prepares an economic strategy for 2025, with plans to boost consumption and technology while addressing trade tensions with the US.

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

China outlines economic plans for 2025, focusing on growth, trade stability, and financial reforms.

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

Tencent’s Yuanbao AI tops DeepSeek in China’s iOS rankings after integrating DeepSeek’s R1 model, advancing the AI chatbot race.

China targets 5% GDP growth for 2025, boosts stimulus, and raises the deficit to tackle economic challenges amid trade tensions.

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

China is set to bolster its global trade role by 2025, driven by initiatives like the BRI, RCEP, and new Free Trade Agreements.

China's tax authority introduces new rules for income reporting by influencers and merchants to boost e-commerce oversight.