Beijing
China’s BYD breaks delivery growth streak as EV price war reshapes competition
Despite a July slowdown, BYD retains its lead in China’s competitive EV market. Anna Barclay | Getty Images News | Getty Images China’s largest EV maker BYD posted its first monthly delivery decline this year, amid stiff competition from a price war that has attracted attention from policymakers in Beijing. While other major Chinese electric […]
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Nvidia orders 300,000 H20 chips from TSMC due to robust China demand, Reuters reports
Nvidia placed orders for 300,000 H20 chipsets with contract manufacturer TSMC last week. Chesnot | Getty Images Nvidia placed orders for 300,000 H20 chipsets with contract manufacturer TSMC last week, two sources said, with one of them adding that strong Chinese demand had led the U.S. firm to change its mind about just relying on its existing stockpile. The Trump administration this month allowed Nvidia to resume sales of H20 graphics processing units […]
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China’s affluent are as pessimistic about the economy as they were during the Covid-19 pandemic
A study of affluent Chinese released this month by consulting firm Oliver Wyman found that 22% of respondents were negative about the economy when surveyed in May. It just exceeds the 21% seen in October 2022, just before Beijing announced plans to ease its stringent zero-Covid policy. Dukai Photographer | Moment | Getty Images BEIJING […]
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Chinese companies are waging fierce price wars — but the consumer isn’t always the winner
A store in a shopping mall in Beijing on Aug. 7, 2024. Pedro Pardo | Afp | Getty Images Fierce price wars in China are hitting industries from cars to food deliveries to solar panels, squeezing profits and worsening the country’s deflationary slide. Though consumers may be lured by ultra-cheap deals, the trade-offs for them […]
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Nvidia CEO: If I were a 20-year-old again today, this is the field I would focus on in college
Co-founder and CEO of Nvidia Jensen Huang spoke to journalists during a trip to Beijing in July. Picture Alliance | Picture Alliance | Getty Images If Nvidia CEO Jensen Huang were a student today, he says he’d focus on the physical sciences. During a trip to Beijing on Wednesday, Huang was asked by a journalist: […]
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Nvidia CEO downplays U.S. fears that China’s military will use his firm’s chips
Nvidia CEO Jensen Huang has downplayed U.S. fears that his firm’s chips will aid the Chinese military, days ahead of another trip to the country as he attempts to walk a tightrope between Washington and Beijing. In an interview with CNN aired Sunday, Huang said “we don’t have to worry about” China’s military using U.S.-made […]
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China slammed ‘blind box’ addiction — but that shouldn’t faze Labubu-maker Pop Mart
An exhibition room at Pop Mart’s theme park, Pop Land, in Beijing, on June 18, 2025. Pedro Pardo | Afp | Getty Images Beijing may have warned against “blind box” toys, but analysts are betting that Pop Mart International — the company behind Labubu dolls — will remain one of China’s hottest consumer brands this […]
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China’s fintech giant Ant doubles down on health care with new AI app — and it wants it to go global
Key Points Alibaba-affiliate Ant Group is doubling down on health care with a new app, based on artificial intelligence tech that it says could be rolled out overseas. In a telling sign of global aspirations, the new health care app launched on Thursday has a straightforward English name — AQ — which the company says […]
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The Iran-Israel conflict isn’t denting Chinese business optimism in the Middle East
Key Points Chinese shipments to Dubai’s logistics hub have risen by 20% this month from a year ago, according to estimates from Bear Huo, China general manager at FundPark. Chinese companies have increasingly turned to the region in the last few years. “A more stable Middle East serves China’s economic and strategic interests,” said an […]
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