Honor’s focus on high-end devices and technology is expected to continue under Jian Li, who will succeed Zhao as CEO.
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CEO of Chinese smartphone brand Honor resigns due to personal reasons
China’s Economy Faces Historic Setback Not Seen in Over Half a Century
Beijing hit its GDP growth target of 5 percent in 2024, according to its statistics bureau—but deflationary pressures remain.
Facing a Flurry of U.S. Sanctions, China Prepares to Hit Back
With days until Donald Trump is sworn in, China is bracing for a trade war, aiming at industries as diverse as semiconductors, apparel and industrial plastic.
RedNote is fast becoming the regular American’s unprecedented window into everything they wished they knew about living in China
RedNote, or Xiaohongshu, became the most downloaded iPhone app in the US on Monday.
China Vanke CEO’s reported detention deepens property sector concerns
Reports about the alleged detention and release of China Vanke’s CEO over the past 18 hours have sparked wild speculation about the future of the developer and its $45 billion debt, fuelling concerns …
DeepSeek-V3 shows China’s AI getting better — and cheaper
Chinese AI makers have learned to build powerful AI models that perform just short of the U.S.’s most advanced competition while using far less money, chips and power. Why it matters: American …
China denies requiring companies, individuals to give data in unlawful manner
The Chinese government “has never and will never” require companies or individuals to collect data for or provide data to it in a way that violates the law, China’s foreign ministry said on Friday.
PBOC and BOE Governors Discuss Financial Cooperation in Beijing
Pan Gongsheng, Governor of the People’s Bank of China (PBOC), met with Andrew Bailey, Governor of the Bank of England (BOE), in Beijing. The discussions focused on financial stability and cooperation …
NVIDIA’s new GeForce RTX 5090D for China has restricted AI, crypto-mining perforrmance
China GeForce RTX 5090D graphics card has multiple new restrictions: stops AI use and cryptomining, RTX 5090D a dead end in China.
Morgan Lewis Closes Shenzhen Office Less Than Two Years After Launch
Morgan Lewis & Bockius’ Shenzhen office, launched less than two years ago, has ceased operations. The firm’s former Shenzhen head and intellectual property partner, Shaobin Zhu, left in November to join DLA Piper in the…
China’s fourth-quarter GDP grows at 5.4%, beating market expectations as stimulus measures kick in
The real estate slump and uncertainty about future income have weighed on consumer spending and business confidence, adding to deflation concerns.
China’s economy expands 5% in 2024, hitting target helped by strong exports, stimulus measures
China has reported that its economy expanded at a 5% annual pace in 2024, slower than the year before but still hitting Beijing’s target of “around 5%” growth …
China’s thermal power rises in 2024, defying expectations of coal peaking
China’s mostly coal-powered thermal generation ticked up 1.5% in 2024, official data showed on Friday, defying expectations that coal generation was peaking, although growth slowed to the lowest in …
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