China is rushing to tamp down fears of an abrupt end to its RMB 300 billion (USD 42 billion) subsidy program now that several cities have suspended or downsized their plans earlier than anticipated.

Its new search interface is part chatbot, part creative tool, and part concierge, but whether users will embrace it at scale ...

The Hong Kong-listed firm is advancing its pipeline using an mRNA system it says can compete with the industry’s best.

China’s aviation regulator will ban uncertified lithium power banks from domestic flights starting July 6, citing fire risks and recent product recalls. Devices without 3C safety certification or ...

Apple’s iPhone sales in China are expected to slow in the second half of 2025 amid muted iPhone 17 upgrades, weak consumer demand, and rising competition from Huawei, according to Counterpoint ...

BetterYeah AI, a Hangzhou-based startup founded by former DingTalk executives, has raised over RMB 100 million in a funding round led by Alibaba Cloud. Specializing in enterprise AI agents, the firm ...

China is signaling a crackdown on the destructive EV price war, as officials warn of long-term risks to the domestic automotive sector. BYD’s deep discounts in May drew backlash from rivals and ...

France’s antitrust agency has fined Shein EUR 40 million for misleading discount practices, finding that 57% of advertised deals on its French site between October 2022 and August 2023 misled ...

Sega is expanding in Asia to reduce reliance on Japan, partnering with regional firms such as Longtu Game in China. Mobile games now make up more than half of its business, following its 2023 ...

JD.com and Ant Group are urging China’s central bank to approve stablecoins pegged to the offshore yuan, proposing a Hong Kong pilot to support yuan internationalization and counter US dollar ...

ByteDance has launched Tanfan, an AI assistant on Douyin that recommends restaurants, summarizes reviews, and supports in-app bookings. Powered by the Doubao LLM, Tanfan had 35,000 users as of July 2, ...

Lazada’s Vietnam site will fully subsidize last-mile delivery fees for LazMall cross-border packages under 15 kilograms starting July 2. The policy applies nationwide across all categories and ...