Most products in the US are manufactured in China, but expensive products from luxury brands are typically made in their home countries. And Apple is perhaps the most expensive technology brand on …
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Apple shutters store in China for first time ever as struggles mount in second-largest market
It’s the first store in China that Apple has been forced to shut down since opening its flagship store in the country in 2008.
Crypto user loses $6.9M to a cold wallet from China’s TikTok – MSN
A crypto user has reportedly lost nearly $7 million in crypto after buying a discounted cold wallet through the Chinese version of TikTok, Douyin, which turned out to be compromised. Blockchain …
China’s JD.Com Files for JCOIN Trademark, Is A Potential Stablecoin Launch Ahead?
Chinese e-commerce giant JD.com is making a significant move into the stablecoin market, launching its own fiat-backed cryptocurrencies. Ahead of Hong Kong’s upcoming stablecoin regulation, JD.com has …
iPhone sales rise in China for the first time since late 2023
New research claims that sales of Apple’s iPhone in China grew during the last quarter, giving it growth for the first time in years — although still not enough to beat local manufacturers.
China convicts crypto money launderers who embezzled US$20 million from Beijing tech firm
The case adds to the amount of confiscated crypto assets accumulated by China, which prohibits the trading of such virtual assets.
Chinese EV Brands Are Dropping Like Flies—But Xiaomi’s Just Getting Started
The Chinese electric vehicle (EV) market is experiencing turbulence, with some brands facing an uncertain future amid fierce competition and ongoing price wars. Recent weeks have seen scandals erupt …
3 Smart TV Brands That Will Be More Expensive After Tariffs
GOBankingRates found three smart TV brands that are likely to be more expensive after United States tariffs kick into high gear.
Trump’s Trade Victories Could Be Hollow. Why Markets Must Be Wary of China Talks.
Google awaits judge’s order, Blackstone executive killed in NYC shooting, Figma raises IPO price range, and more news to start your day.
Deal with Myanmar rebels? US plots big rare-earth move to counter China
The rare earth push – aimed at reducing dependence on China, which processes nearly 90% of global supply – has brought renewed attention to Myanmar’s Kachin region.
Unitree Races Toward IPO As Robot Applications Accelerate: Shoucheng Holdings Unlocks Dual-Engine Gains
On July 18, China’s securities regulator (CSRC) announced that Unitree has completed its IPO tutoring and is now preparing for official filing. As a global leader in the shipment of quadruped and …
Indian textile manufacturer Arvind posts profit jump as brands move away from China
Textile manufacturer Arvind reported a 35% rise in first-quarter profit on Tuesday as global brands move to increase their sourcing from India instead of China.
China ramps up exports of refined fuels as margins rise
China’s exports of key refined fuels are on track to jump to the highest in 16 months as refiners take advantage of rising profit margins.
