The company raised US$2 billion from investors including Meituan and China Mobile, taking the total to US$3.9 billion in the last six months.
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Moonshot AI’s $20bn valuation seals one of China’s fastest AI funding trajectories
Moonshot AI, the Beijing-based maker of the Kimi chatbot, is closing a $2bn funding round at a post-money valuation above $20bn.
China’s Top 3 Private Label Skincare Manufacturers in 2026: Pioneering Global Beauty OEM Innovation & Quality Standards
Advanced GMP-Certified Skincare OEM Solutions Empowering Global Beauty Brands CALIFORNIA, CA, UNITED STATES, May 7, …
Falling sales to widen profit gap between China’s EV makers and battery suppliers
Carmakers’ profit margin stood at 3.2 per cent in the first quarter, versus 6 per cent for downstream industrial firms, according to CPCA.
Humanoid robots to drive next leg of China export dominance
China’s early lead in humanoid robots will help power the next phase of its global manufacturing and export dominance, according to new research from Morgan Stanley.
Korea, China business leaders urge closer economic cooperation in strategic industries
South Korean and Chinese business leaders discussed ways to strengthen cooperation in strategic industries such as artificial intelligence, semiconductors and b …
Samsung Exits TV And Home Appliance Sales Business In China: Here’s Why
Samsung Electronics is reportedly withdrawing from selling home appliances and TVs in China due to fierce competition from local brands and rising operational costs.
China Metals Demand Gets Lift as Iran War Spurs Export Boom
Metal exports from China, especially aluminum, are getting a significant lift from the war in the Middle East, which has cut regional supplies while boosting demand for clean-tech products as fossil …
China expert warns internal military chaos may increase risk of escalation despite weakened war capability
China’s crackdown on top military leaders may be weakening the country’s ability to fight a large-scale war, but it could also make conflict more likely if mistakes or misjudgments spiral out of …
China’s rapid adoption of AI technologies positions it as a global leader
China’s rapid adoption of AI technologies is transforming its landscape, with significant implications for global AI usage and development, as citizens increasingly integrate AI into daily life.
Telecom giant China Mobile to launch AI-eSIM product
China Mobile said it will unveil its AI-eSIM product at the 2026 Mobile Cloud Conference, set to take place in Suzhou from May 7 to 9, as the state-owned …
China services activity grows at faster rate in April, private PMI shows
By Liangping Gao and Ryan Woo BEIJING, May 6 (Reuters) – China’s services activity expanded at a faster pace in April, helped by stronger growth in new business, although overseas demand continued to …
China is laying a technological trap. Call it the ‘Silicon Curtain.’
Technology and loans have indebted much of the developing world to China.
