May 19, 2025
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Nvidia's Big Moves in Taiwan
In a riveting keynote address at Taipei's Computex, Nvidia's CEO, Jensen Huang, made some exciting announcements. Not only has the tech giant secured a lease for a larger office space in Taiwan, but it is also joining forces with local companies including the renowned Foxconn. A collaboration on supercomputer projects is on the cards, making the future of technology in Taiwan look brighter than ever.
May 19, 2025
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Leapmotor Shakes Up European Production
Stellantis, a major stakeholder in Chinese electric vehicle (EV) producer Leapmotor, is orchestrating a shift of the company's European production away from Poland. Despite Leapmotor projecting a potential increase in production expenses by nearly 10%, the company has confirmed it will not hike its prices in response to the change.
May 19, 2025
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UK's Fascination with Robotic Pioneers
Amidst a national fervour for technology, China's industrial robot production in April skyrocketed, surpassing previous months. The race was led by innovative start-ups such as Unitree and UBTech.
May 19, 2025
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China's Economy Defies Expectations
Despite the blow of US tariffs, China's industrial output and exports for April surpassed market predictions, quelling rumours of an urgent financial boost.
May 19, 2025
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China's BeiDou Outperforms GPS
BeiDou, China's answer to GPS, is enjoying unprecedented success, clocking over 1 trillion uses daily. It has carved out a commanding lead in its domestic market, contributing almost US$80 billion to the economy in the previous year.
May 19, 2025
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China's BeiDou Outperforms GPS
BeiDou, China's answer to GPS, is now being utilized over a trillion times daily. The homegrown navigation system has carved out a dominant space for itself in the domestic market, contributing nearly US$80 billion to the economy in the past year.
May 19, 2025
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UK's Interest in China's Economic Play
Despite US tariffs, China's manufacturing sector displayed resilience in April, with industrial output surging by 6.1 per cent, outdoing predictions. However, domestic consumption witnessed a slight dip, rising by only 5.1 per cent, falling slightly short of the anticipated figures.
May 19, 2025
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China's Ozempic Challenges Global Giants
China's homegrown drug, Ozempic, is set to challenge pharmaceutical behemoths Eli Lilly and Novo Nordisk in the global weight-loss medication market. Morgan Stanley reports that drug manufacturers are shifting focus to China and Japan, where market penetration is still low but innovation is rapidly on the rise.
May 18, 2025
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China's Retail Titans Target Europe
In the wake of the ongoing trade war, Chinese online retail giants Temu and Shein are making bold strides into the European market. Amidst the unpredictable US trade scenario, these firms are ramping up their marketing efforts in Europe, with advertising expenditure soaring by as much as 70%.
May 18, 2025
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China Slaps Major Tax on US Plastic Imports
In spite of a 90-day ceasefire in the trade conflict, China has imposed a hefty 75% tax on vital engineering plastic imported from the US. This significant tax also affects companies from the European Union, Japan, and Taiwan.
May 18, 2025
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CATL Eyes UK Market
CATL, a renowned EV battery manufacturer, is actively pursuing expansion possibilities in the international market. The company is also ramping up its innovative charging robot project via its subsidiary, CharGo, as it prepares for its Hong Kong listing.
May 18, 2025
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CATL's Green Tech Expansion Pre-Hong Kong Listing
Before its anticipated Hong Kong debut, EV battery titan CATL is venturing into clean tech and exploring international growth prospects. Furthermore, the firm is turbocharging its robotic charging venture through its subsidiary, CharGo.