CHINA News  

May 22, 2025
UK's Favourite Chinese Brands Revealed
A report from Peking University has unveiled the top 500 consumer brands in China, with Apple, Huawei, and Xiaomi leading the pack. The rankings were determined by analysing the online purchasing patterns of domestic consumers.
May 22, 2025
UK's Interest in China's Top Consumer Brands
A report from Peking University reveals that Apple, Huawei, and Xiaomi are the leading brands in China's top 500 consumer rankings. The rankings were derived from the online purchasing behaviours of domestic consumers in China.
May 22, 2025
China's EU Partnership at Stake
China needs to address the European Union's trade grievances and propose a significant resolution, failing which, Europe's stance towards China could potentially become a pawn in its relationship with the United States.
May 22, 2025
Lenovo's Surprising Year Despite Tariff Impact
Despite an unexpected blow from Trump's tariffs, Lenovo's CEO reveals a robust annual revenue of US$69.1 billion in 2024/25, marking one of the company's most successful years. The resilient performance is largely attributed to their AI PCs.
May 22, 2025
Goku Surpasses DeepSeek in AI Development
Goku, a Chinese quant fund, has announced a remarkable breakthrough in AI training. Their innovative method, as detailed in a paper submitted to the 'AI Olympics', reportedly outperforms those utilised by industry giants such as DeepSeek and OpenAI.
May 22, 2025
EU-China EV Dispute Downplayed
A former EU diplomat refutes the idea that the Europe-China disagreement over electric vehicles is critical, even as Trump encourages stronger cooperation amidst these differences, says a former trade negotiator.
May 22, 2025
Hong Kong: Future 'Patient Capital' Leader
Hong Kong is poised to become a worldwide nucleus for 'patient capital', as it plans to foster the growth of technology start-ups, according to Paul Chan. The city is set to provide lasting investments and key alliances to back these emerging tech businesses.
May 22, 2025
China Rebukes EU's Parcel Fees Proposal
The proposed per-package fee presented to European legislators could escalate costs for colossal Chinese online retailers such as Shein and Temu.
May 22, 2025
OpenAI Acquires Ive's Innovative Startup
OpenAI, the creator of ChatGPT, has recently taken over Jony Ive's startup, hinting at the development of 'the most exciting piece of tech'. This move suggests a strategy to create its own hardware platform, possibly to circumvent the need to distribute software via Apple's iOS or Google's Android, according to industry experts.
May 21, 2025
Baidu's Robotaxi Triumph
Baidu, the tech behemoth, has impressively racked up 11 million journeys with its self-driving taxi service. The company's expansion of this autonomous ride-hailing venture, coupled with a notable surge in AI growth, led to it surpassing profit forecasts for the initial quarter.
May 21, 2025
China's Strategy Against US Trade War
China is meticulously preparing its 2026-30 blueprint, aiming to address vulnerabilities revealed by the ongoing trade war with the US. This forthcoming five-year scheme prioritises scientific advancement and industrial modernisation, showcasing Beijing's proactive measures to safeguard its interests amidst a possible prolonged conflict with the US.
May 21, 2025
Chinese Firm Xreal's Leap in AR Technology
Delve into the intriguing partnership between Chinese company Xreal and tech giant Google as they collaborate on Project Aura. This venture significantly elevates Xreal's standing in the smart glasses domain and broadens its influence on the global stage.