CHINA News  

May 18, 2025
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
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
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
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.
May 18, 2025
NIP's Global Aspirations Fueled by Abu Dhabi
Hicham Chahine, co-founder of Chinese esports behemoth NIP, outlined the company's global ambitions following their expansion into Abu Dhabi. Chahine highlighted that a major part of NIP's fan base now extends beyond China, a region he regards as a more 'advanced' video gaming market.
May 18, 2025
Chinese Concertgoers Boost Tourism
Enthusiastic music lovers are traversing the lengths and breadths of China to catch a glimpse of their favourite stars. Their travels and subsequent spending are providing a significant uplift to the nation's consumption, thereby stimulating tourism.
May 17, 2025
UK Surpasses China as US's Major Creditor
The United Kingdom has outpaced China to become the second-largest foreign holder of US Treasuries. This shift comes as Beijing implements strategies to diversify its foreign exchange reserves.
May 17, 2025
Nvidia's AI Chips: No China Diversion
After participating in a Middle Eastern trip with a US delegation headed by President Donald Trump, Nvidia's CEO, Huang, expressed his confidence that there has been no diversion of their AI chips into China. He also applauded the expansion of Nvidia's hardware trade.
May 17, 2025
China's Blind-Box Toys Enthrall Europe
European consumers are going wild for Chinese blind-box toys, indicating a noteworthy improvement in Chinese brands' ability to captivate Western markets.
May 17, 2025
ORI Capital's Big Bet on Chinese Biotech
ORI Capital, a Hong Kong-based investment firm, is setting its sights on China's burgeoning biotech sector. The firm is gearing up to launch a staggering $350 million fund, banking on the power of Artificial Intelligence to outperform the market.
May 16, 2025
Trade Deal Fails to Aid UK Firms
Despite the US-China trade agreement, UK companies are still under pressure due to China's continued rare earth export restrictions. These constraints are revealed in official documents without any clear indication of being lifted post-deal. This has resulted in the hindrance of UK-based magnet purchasers, subjected to a sluggish approval process.
May 16, 2025
Alibaba's AI Dominance Skyrockets
Alibaba is solidifying its position as an AI powerhouse, with its cloud division reporting the most rapid growth since 2022. Additionally, the company is making significant internal investments, focusing on blending AI technologies with its conventional e-commerce operations.