Nike has shown some gains in North America, its largest market, amid its turnaround, but the strength was offset by weakness in China.
Tagged By blockchain
Cambodia Extradites Alleged Huione Crypto Scam Kingpin to China: Report
Chinese authorities have arrested Li Xiong, former chairman of Huione Group, linked by U.S. regulators to billions in illicit crypto flows.
Best Budget Smartphone Brands from China in 2026
Overview Chinese companies have a very strong presence in the budget smartphone sector, offering feature-rich phones. Nowadays, 5G budget smartphones and f …
China humanoid robot factory says it can build 1 unit every 30 minutes
A joint venture between two Chinese firms has switched on what it describes as China’s first automated production line for humanoid robots, and the partners say the facility can assemble one complete …
Nike can’t fix its China problem and that’s tanking its stock
The sneaker maker is losing ground in its second biggest market and warns that the next quarter there could be worse.
China is moving faster on next-gen tech. The U.S. is trying to keep up
As breakthroughs in AI, brain-computer interfaces, and aviation accelerate, the real competition is over how much risk each country is willing to take.
Humanoid Robots Go Public: China’s Unitree Files $610M IPO Amid Surging Demand
Unitree Robotics files for a $610 million IPO after achieving rare profitability in humanoid robotics, signaling a potential turning point for the industry.
How China can survive without the Strait of Hormuz
In response to the closure of the Strait, officials across Asia are asking citizens to take shorter showers or work from home to save energy. In China, the ruling Communist Party’s flagship newspaper …
China’s CAS Space targets $607 million IPO for reusable rocket R&D
By Eduardo Baptista BEIJING, April 1 (Reuters) – China’s CAS Space Technology is seeking to raise around 4.18 billion yuan ($607 million) in a planned listing on Shanghai’s tech-focussed STAR Market, …
China’s AGIBOT rolls out its 10,000th humanoid robot
Chinese robotics company AGIBOT says it has produced its 10,000th humanoid robot, a figure the company claims it reached just three months after hitting 5,000 units. If accurate, the pace would …
After Two Decades, China No Longer Dominates U.S. Cell Phone Imports
Vietnam and India are now part of a supply chain for cell phones and parts that once was the sole provence of China.
Nike Q3 earnings beat estimates, with China business in focus
Nike (NKE) reported third quarter results on Tuesday after the closing bell. Earnings per share (EPS) came in at $0.35 (compared to analyst estimates of $0.31), and revenue came in at $11.28 billion …
EU delegation urges China to tighten export controls
EU lawmakers on Tuesday called on Beijing to implement stricter checks on exports during their first visit to China in eight years. “We have repeatedly stressed that it is important for exports to be …
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