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Tag: China

Beyond TikTok: How Xiaohongshu (RedNote) is shaping social media trends in the post-ban era

Discover how Xiaohongshu is transforming social media trends after the TikTok ban, creating new opportunities for users, creators, and marketers worldwide.

China may allow Elon Musk to acquire TikTok’s US division

China may consider selling TikTok US to Elon Musk if the app is banned. ByteDance ownership remains preferred but uncertain.

Honda and Nissan explore merger to tackle challenges and grow together

Honda and Nissan are exploring a US$50 billion merger to combat Chinese competition, leverage factory capacity, and expand into larger SUVs.

Baidu’s Robin Li predicts exponential AI boom by 2025

Baidu founder Robin Li predicts exponential growth in AI applications by 2025, driven by generative technologies and industry integration.

Alibaba sells Sun Art hypermarket chain for US$1.7 billion to refocus on e-commerce

Alibaba sells Sun Art for US$1.7 billion, marking a strategic shift to focus on e-commerce and cloud computing while exiting brick-and-mortar retail.

China’s No. 2 chip foundry, Hua Hong, appoints former Intel executive as president

Hua Hong Semiconductor named former Intel executive Bai Peng president amid a management reshuffle and challenges in the Chinese chip industry.

China tightens rules on cryptocurrency and forex trading

China tightens forex rules, targeting cryptocurrency trades to prevent risky transactions and strengthen financial oversight.

US Treasury Department faces major security breach

The US Treasury Department faced a cyberattack linked to a China-state-sponsored hacker exploiting third-party software. No ongoing access was found.

Huawei slashes smartphone prices to compete for high-end market share in China

Huawei slashes prices on flagship smartphones, including the Mate X5 and Pura 70 Ultra, as it fights for market share in China's premium segment.

Trump appeals to Supreme Court in bid to save TikTok

Trump asked the Supreme Court to delay the TikTok ban deadline, offering to negotiate a deal. The case sparks debate over national security and free speech.

China’s CATL unveils EV chassis designed to survive high-speed crashes

CATL unveils a new EV chassis that can withstand 120km/h crashes, offering a 1,000km range and faster production times for premium automakers.

Amazon presses Chinese sellers over Temu pricing

Amazon pressures Chinese sellers to stop offering lower prices on Temu, intensifying competition in the e-commerce market.