CHINA News  

April 26, 2025
Euro Luxury Brands: Victims of Sino-US Trade War?
In the heat of the US-China trade dispute, videos demonstrating China's industrial strength have caused a stir online, yet have also sparked debate. This has left European luxury brands in a precarious position, caught in the crossfire of this international economic conflict.
April 26, 2025
ByteDance's Brazilian Data Center Venture
ByteDance, the parent company of TikTok, is reportedly considering a data centre project in Brazil. According to insiders, the firm is in discussions with Casa dos Ventos, a renewable energy producer, to construct a facility within the Pecem port complex.
April 25, 2025
Alipay: China's Tap-and-Pay Titan
Alibaba Group's Alipay, initiated two decades ago, has revolutionised the payment landscape in China. This groundbreaking tap-and-pay service now boasts a staggering user base of 100 million.
April 25, 2025
Alipay Dominates Chinese Payment Sphere
Alipay, a ground-breaking innovation by Alibaba Group two decades ago, has dramatically transformed the payment habits of Chinese citizens. This tap-and-pay service application now proudly boasts of a user base exceeding 100 million.
April 25, 2025
Revival of Pure EVs in China
In mainland China, pure electric vehicles (EVs) are making a comeback as market leaders, powered by the plummeting prices of lithium - now only a ninth of its peak cost in 2022. This cost reduction is enabling EV manufacturers to attract a new wave of buyers.
April 25, 2025
China's EV Thrust: Lithium Advantage
In mainland China, pure electric vehicles (EVs) are making a comeback as market leaders, thanks largely to the plummeting cost of lithium. Its price is now just one-ninth of what it was at its peak in 2022, thus enabling EV manufacturers to attract fresh customers.
April 25, 2025
US Businesses Wary of Chinese Ventures
Despite Beijing's attempts to charm international investors, numerous US corporations are becoming less inclined to prioritize the Chinese market due to escalating tensions, according to a recent report by AmCham.
April 25, 2025
Baidu Outplays DeepSeek With Affordable AI
Baidu is revolutionising the AI market by launching advanced, yet less expensive AI models, outperforming DeepSeek’s offerings. The cost reduction will empower developers to concentrate on designing highly engaging and beneficial AI applications, according to Baidu's CEO, Robin Li.
April 25, 2025
TikTok USA's Dramatic Leadership Revamp
In an attempt to secure its business operations in its most lucrative market, ByteDance, the parent company of TikTok, is initiating significant changes in the leadership of its e-commerce and policy sectors. This follows the recent exit of a key executive last month, as the company faces a pressing deadline to either sell or face a potential ban.
April 25, 2025
Chinese Leaders Condemn Trade War at G20
High-ranking Chinese dignitaries take the stage at the G20 summit in Washington to vehemently criticize the ongoing trade war, even as negotiations prove to be elusive. Meanwhile, President Trump maintains his assertion that discussions with China are underway.
April 25, 2025
UK Trade Ties: China's Export Crisis
As the trade war escalates, Chinese exporters are grappling with internal struggles despite Beijing's efforts to cushion companies against American tariffs. However, businesses are sounding the alarm about the difficulties they face in their home market due to dwindling demand.
April 25, 2025
China Eases Tensions with US
In an apparent sign of the easing trade war, China has decided to forgo its 125% retaliatory tariffs on specific semiconductor imports from the US, as reported by Caijing.