China’s Baidu started layoffs this week that will hit multiple business units, six sources briefed on the matter said, as the company struggles with intensifying competition in artificial intelligence …
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China’s ANTA Eyes Potential Acquisition of PUMA
China’s ANTA is exploring a bid to take over German sportswear brand PUMA, valued at approximately $7.6 billion USD The acquisition would be a strategic move to give ANTA instant access to Western …
Baidu is emerging as a major AI chip player in China to fill the Nvidia gap
China’s focus on pushing domestic chips could make Baidu’s chip unit, Kunlunxin, a fast-growing business for the company.
Alibaba’s cloud growth highlights China’s two-speed economy, tech ambitions
The concerns are well founded in the context of larger general questions about the lack of killer AI apps and solid ways to achieve profitability …
China’s Bitcoin mining industry sees massive growth despite crypto ban
Bitcoin mining in China is on the rise despite the introduction of a nationwide ban four years ago, according to the latest industry data. China now accounts for 14 percent of all Bitcoin mining …
Chinese business delegation to visit US in Dec for exchanges: CCPIT
Yang Fan, a spokesperson for China Council for the Promotion of International Trade (CCPIT) Photo: CCPIT . The China Council for the Promotion of International Trade (CCPIT) will …
Vietnam and China sign export protocol, discuss ways to increase trade
HANOI: The Ministry of Agriculture and Environment reports that during its working visit to China from Nov 26 to 28, the two sides signed a protocol on the export of fresh Vietnamese jackfruit to the…
The year of the Labubu revealed the ‘new consumption’ trend among China’s Gen Z—and now it’s spreading overseas
Labubu has powered monster growth for Chinese toymaker Pop Mart and tapped into China’s newfound branding power that could outlast the toy’s phenomenon.
China’s Anta Sports and Li Ning exploring bid for Puma, source says
By Kane Wu (Reuters) -Chinese sportswear firms Anta Sports Products and Li Ning are among those exploring a potential takeover of struggling German sportswear brand Puma, a source with knowledge of …
Moore Threads’ IPO frenzy fires up China’s home-grown GPU drive
Chinese investors continue to clamour for AI chip plays as Moore Threads IPO draws 4,000 times subscription Chinese onshore investor frenzy for artificial intelligence chips has intensified, with the …
Moore Threads’ IPO frenzy energises China’s home-grown GPU drive
Backed by tech giants including Tencent Holdings and ByteDance, Moore Threads opened lottery-style subscriptions on Monday at an IPO price of 114.28 yuan. Online orders from retai …
China issues first batch of 2026 crude oil import quotas for independent refiners
Independent refiners in China have received their first batch of crude oil import quotas for 2026 that can be used for cargoes arriving by the end of the year, trade sources said on Thursday. The…
Choosing the Right Distribution Model for China Market Entry
Evaluating the key distribution models in China, including D2C, D2R, indirect, and hybrid structures and their implications for market entry.
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