
Alibaba and Tencent burn through billions in AI race, putting profits under pressure
By Xu Yang China’s two biggest internet groups are pouring unprecedented sums into artificial intelligence, sacrificing…

Samsung quietly pulls the plug on China’s home-appliance business in strategic retreat
Just after the May Day holiday, Samsung Electronics (005930.KS) signalled the end of its home appliance business in mainland…

From BYD era to a multi-horse race: China’s EV market enters a new phase as Geely turns up the heat
By Evan For the past three years, BYD Co. has reigned supreme as the undisputed king…

Xiaomi poaches top talent from Tesla and European auto giants to fuel EV ambitions
By Da Cheung Chinese tech giant Xiaomi, which launched its first EV car model in 2024, is rapidly adding…





