Meituan's Loss Warning Sparks $27 Billion Rout Across China Internet Sector

“We expect there will be continued fierce competition in the near term,” Chief Financial Officer Chen Shaohui said. “That will bring negative impact on our financial results.”

China’s Top Baijiu Makers Roll Out Low-Alcohol Spirits to Court Younger Drinkers

Inside the $19.5 Million Kuaishou Corruption Scandal: How Embezzlement and Crypto Laundering Rock China's Tech Sector

Interestingly, corruption isn’t confined to senior executives. Of the 871 criminal suspects reviewed by the Haidian Procuratorate, only 149 were at the director level or above (17.1%), while 722 were managers or lower (82.9%). Flatter organizational structures and decentralized decision-making have empowered mid-level and grassroots employees to exploit loopholes.

China’s Rare Earth Stocks Surge as Government Moves to Strengthen Industry Oversight

China's Pharmaceutical Industry Now 2nd Largest Globally: Official

Chinese Toy Maker Haivivi Raises $28M Series A to Lead the AI Toy Revolution

In June 2024, Haivivi launched its first AI toy, BubblePal, featuring role-playing, multilingual conversations, AI-powered collaborative storytelling, and long-term memory. In the first month, more than 10,000 units sold; total sales now exceed 200,000 units. The success has validated investor confidence in the AI toy market.

China's Photovoltaic Industry Stands at Strategic Crossroad as India Ramps Up Solar Capacity

As India accelerates toward local cell production, Chinese equipment manufacturers will continue to play a key role—but unchecked technology transfer may create long-term competitive challenges.

Japanese Automakers Struggle as Tariffs, Currency Swings, and Slowing Chinese Demand Hit Profits

Japanese brands’ market share in China has dropped from 30.79% in 2008 to just 9.6% in H1 2025, as domestic competitors rapidly close gaps in cost, technology, and smart features.

China's 2025 Summer Box Office Surpasses 10 Billion Yuan