Amazon China Closes Paper Book Section In Favor of Ebooks
Since July 1, Amazon China no longer sells its own paper books, and third party paper books will also be taken down from shelves starting July 18.
7/4/20192 min read
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Huawei P20 Porsche Design featuring Leica tri-lens
In two days, Apple, Huawei and Xiaomi will all hold product release conferences in “a triple mobile phone fest”. As seen in its Twitter announcement, Huawei wil...
3/26/20182 min read
SUNWODA Invests $274 million to Establish An Battery Factory in Hungary
On July 27th, Chinese battery manufacturer SUNWODA announced today that the company plans to establish an electric vehicle power battery factory in Hungary, with an initial investment of up to ¥1.96 billion ($274 million).
7/27/20231 min read
WEF Report: China's 2060 Carbon Neutrality Goal to Cost $20.7T
The estimated total green financing required in China from 2020 to 2060 to achieve its carbon neutrality target is about 140 trillion yuan ($20.7 trillion) in the power, steel, transportation, construction and real estate sectors.
7/25/20222 min read
Cheetah Mobile Went Through Internal Incident Concerning Year-end Red Packets for Employees
Cheetah mobile, the Chinese mobile internet company, recently went through an internal incident concerning sending red packets.
1/30/20193 min read
EV Maker Leapmotor Denies Hong Kong IPO to Raise $1 Billion
Chinese electric-vehicle maker Leapmotor is considering an initial public offering in Hong Kong that could raise at least $1 billion and happen as soon as next year, Bloomberg reported Tuesday. Leapmotor denied the report.
10/13/20212 min read
Midea's Annual Output of Self-Developed MCU Chips Reached 10 Million in 2021
Midea Group issued announcements via an interactive platform for investors, saying that after its entrance into the field of computer chips in the second half of 2018, mass production of the products began in 2021.
1/10/20223 min read
Tesla Roadster Pure Electric Sports Vehicle Has Again Open Reservations in China
On May 31st, it was reported that Tesla China reopened the reservation page for the new Roadster electric sports car on the evening of May 30th. The deposit remains at RMB 332,000 (about $46,700 USD) and can be refunded at any time before delivery.
Shenzhou-16 Is Expected to Launch on May 30th
On May 22nd, the Long March 2F Y16 rocket carrying the Shenzhou-16 manned spacecraft mission was transported vertically to the launch area at Jiuquan Satellite Launch Center, China.
5/22/20232 min read
HiPhi Undergoes Restructuring, Set to Receive $1 Billion Investment"
iAuto plans to invest $1 billion in Human Horizons, fully supporting HiPhi Auto's plan to resume business operations and vehicle production.
5/22/20242 min read
Vivo Released New Flagships — the X30 series
On December 16, Vivo released their newest smartphones — the vivo X30 series, with 5G technology and powerful cameras.
12/17/20192 min read
TikTok’s Revenue Grows Fivefold Since 2018, Chinese Market Accounts for 69%
TikTok, the international version of Douyin, a short-video app developed by ByteDance, generated $176.9 million in revenue in 2019, growing fivefold since 2018.
1/17/20202 min read