China EV makers Li Auto, Nio and XPeng will report deliveries on Jan. 1. BYD should overtake Tesla in fully electric vehicles as of Q4.
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Chinese fintech giant Ant Group gets approval for no-controller status, ending Jack Ma’s reign before seeking IPO
The People’s Bank of China announced on Saturday that Alipay.com Co has no controller, paving the way for owner Ant Group’s IPO.
Tech war: China’s semiconductor industry weathers tough year amid tighter US sanctions
China’s chip makers weathered a tough year that saw an escalation of US sanctions targeting chip making tools and AI processors, although a breakthrough by Huawei lifted industry spirits.
China’s factory PMI stays below 50 mark for 3 months
A key measure of manufacturing activity in China has dropped below the 50-point boom-or-bust line for three consecutive months.
Iran exports goods worth $10.3b to China in 9 months
TEHRAN- Iran exported commodities valued at $10.3 billion to China during the first nine months of the current Iranian calendar year (March 21-Decemebr 21), the head of the Islamic Republic of Iran Customs Administration (IRICA)…
5 tech IPOs to watch for in 2024
While 2023 year was projected to be the return of the tech IPO, few startups went public. But keep an eye out for these possible tech IPOs next year.
RTX 4090 D: Nvidia’s new gaming chip for China amid export curbs
The RTX 4090 D is the first China-specific chip Nvidia has officially launched since the Biden administration tightened the export rules on AI technology in October.
China December factory contraction deepens, more stimulus on the cards
China’s consumer prices fell the fastest in three years in November while factory-gate deflation deepened, weighed by weak domestic demand. The new orders sub-index was at 48.7, contracting for the …
Chinese-brand passenger car sales up 23.8% in first 11 months
BEIJING – Chinese-brand passenger car sales jumped 23.8 percent year-on-year in the first 11 months of this year to 12.98 million units, industry data showed.
Chinese brands extend global influences in pursuit of innovative, localized development
Technology and innovation have served as growth engines powering Chinese brands going global, Doreen Wang, CEO of Kantar Greater China and global chair of Kantar BrandZ said. Chinese brands have put …
China’s Huawei reports nearly $100 billion in sales and claims it has overcome the ‘siege’ of US sanctions
The Shenzhen-based tech giant forecast nearly $100 billion in annual sales, boosted thanks to the release of the Mate 60 Pro smartphone in August.
Cosmetics makers feel right at home in China
A view of the exhibition booth of Chinese skincare brand Proya during the 27th China Beauty Expo in Shanghai on May 12. CHINA DAILY Domestic cosmetics brands, especially those featuring fashionable …
Chinese makeup brands sitting pretty in Japan
In Japan, MoldBreaking has collaborated with leading Chinese brands including Florasis, Flower Knows and Colorkey. Guo said Chinese cosmetics brands may perform very well in the Japanese market in the …