Wieser estimates roughly $10 billion of Meta’s revenue for ads shown in the U.S. originates from advertisers located outside the country–mainly from China. In 2024, Meta received $18 billion in revenue from China, which includes…
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Samsung turns to China to prop up ailing chip business
Deals with Chinese tech giant Baidu come as South Korean giant loses ground in US and navigates Washington’s curbs
China, EU threaten to retaliate over Trump’s broad reciprocal tariffs: ‘There are no winners’
Alongside Wall Street, global stock markets took a beating after Trump unveiled a 10% baseline tax on all imports, as well as higher tariff rates for some major trade partners.
Shoe Companies From Crocs to Nike Pummeled After New Tariffs Outside China
Shoe brands make an outsized portion of their products in Vietnam, Cambodia and Indonesia, and some have increased their footprints there to divert more of the supply chain away from China.
China urges US to immediately lift tariffs, vows retaliation
China on Thursday urged the United States to immediately cancel its latest tariffs and vowed countermeasures to safeguard its own interests, after President Donald Trump declared sweeping levies on U.
China’s lidar sensor makers Hesai, RoboSense stand to gain after fatal Xiaomi SU7 EV crash
Adoption of the laser-based sensors will increase as consumers demand safe self-driving systems, analysts say.
China and America are racing to develop the best AI. But who is ahead in using it?
America or China? Speculation is at fever pitch. The world’s most famous artificial-intelligence company, OpenAI, is American. Models produced by DeepSeek, a Chinese competitor, are almost as good—and …
Trump’s auto tariffs could help China’s carmakers, experts say
Trump’s 25 percent tariff could ‘level the playing field’ for Chinese brands insulated from the US market, analyst say.
As Donald Trump’s trade war heats up, China is surprisingly confident
In response to Donald Trump’s first term as president, Xi Jinping, China’s leader, initiated a campaign to reduce China’s economic dependence on America. Chinese officials are hoping that a revival in domestic demand,
DeepSeek’s AI Breakthrough Fuels Hong Kong IPO Market Surge
Hong Kong’s IPO market recorded 15 offerings raising HK$17.7 billion, with six IPOs exceeding HK$1 billion, driven by DeepSeek’s AI breakthrough and Beijing’s supportive reforms. Despite US trade …
China’s handbag brands make waves in premium market
CHINA’s domestic handbag brands are making a significant impact in the premium market. Despite many unit prices exceeding 1,000 yuan ($138) — and some even soaring beyond 10,000 yuan — interest among …
Fangzhou Designated as a 2024 National High-Tech Enterprise Amid Record Growth
Beijing Fangyixing Information Technology Co., Ltd. (“Fangyixing”), a subsidiary of China’s leading Internet healthcare solutions provider Fangzhou Inc. (“Fangzhou” or the “Company”) (06086.HK), has …
China vows to counter Trump’s ‘bullying’ tariffs as global trade war escalates
China has vowed to hit back after President Donald Trump announced major new tariffs on its exports to the United States as part of his radical overhaul of a century of American global trade policy.
