China
The secret to Labubus’ success? China’s ‘blind box’ craze
Labubu toys packaging are seen at a souvenir store in Krakow, Poland on August 21, 2025. Jakub Porzycki | Nurphoto | Getty Images Even Confucius is getting in on China’s “blind box” craze. At the main temple in Beijing to China’s greatest sage, the souvenir shops sell a range of “blind boxes,” gifts packaged in […]
Read More
Nvidia faces Wall Street’s high expectations two years into AI boom
Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters It’s been two years since the explosion of generative artificial intelligence started to transform Nvidia’s business. Since then, the chipmaker’s revenue has more than tripled and profits have quadrupled. Nvidia‘s second-quarter earnings report, […]
Read More
Evergrande’s $50 billion rise and fall leaves scars on China’s property sector
An Evergrande commercial complex in Beijing on Jan. 29, 2024. Greg Baker | Afp | Getty Images China Evergrande Group was delisted from the Hong Kong Stock Exchange on Monday — an ignominious exit for the former high-flying developer that once epitomized Beijing’s economic rise and later came to symbolize the country’s property bust. Following […]
Read More
Chinese households have amassed record savings. That’s now fueling a stock market boom
China’s stock market has been rallying to multiyear highs as trade tensions with the U.S. have eased for now. Fueling the bull run are ordinary Chinese households, flush with record savings and a fear of missing out. Mainland China’s benchmark CSI 300 is up nearly 22% since its April 7 low, following U.S. President Donald […]
Read More
Nio shares surge over 14%, extending gains for seventh session
NEW YORK, NY – SEPTEMBER 12: Logos for Chinese electric car company NIO are displayed at a trading post on the floor of the opening bell at the New York Stock Exchange (NYSE), September 12, 2018 in New York City. The Shanghai-based electric car company opened for trading at $6 per share. (Photo by Drew […]
Read More
Stocks making the biggest moves premarket: Nvidia, Intuit, Workday, Ross Stores and more
Check out the companies making headlines before the bell. Nvidia – The artificial intelligence chip darling fell more than 1% after it reportedly asked some of its component suppliers to halt production of its H20 graphics processing units. The company is also reportedly having conversations with the U.S. government about shipping a more advanced chip […]
Read More
Nvidia in talks with U.S. to sell a more advanced chip to China, Jensen Huang says
Nvidia CEO Jensen Huang speaks to the media at a hotel in Beijing, China July 16, 2025. Alessandro Diviggiano | Reuters Nvidia is in talks with the U.S. government about shipping a new, more advanced chip to China, CEO Jensen Huang said on Friday. Earlier this week, Reuters reported the U.S. tech giant is developing […]
Read More
DeepSeek hints latest model will be supported by China’s ‘next generation’ homegrown AI chips
Anthony Kwan | Getty Images News | Getty Images Chinese artificial intelligence startup DeepSeek has hinted that China will soon have homegrown “next generation” chips to support its AI models, while announcing an update to one of its large language models. In a comment under a post on its official WeChat account, DeepSeek said the […]
Read More
Nio shares pop after releasing one of its most affordable SUVs yet
The Nio logo is seen at the NIO booth in the National Exhibition Center in Shanghai, China, on April 28, 2025, during the Shanghai Automobile Show 2025. (Photo by Ying Tang/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Shares of Chinese electric carmaker Nio surged after the company unveiled one of its most […]
Read More
Household robots are about to get a big price cut — if China’s top ‘robovac’ player has its way
In 2025, Roborock launched a vacuum cleaner with a robotic arm for moving socks and other obstructions out of the way. Cfoto | Future Publishing | Getty Images BEIJING — Household robots for cleaning are about to quickly become an affordable reality. At least that’s what Quan Gang, president of Beijing-based robot vacuum cleaner company […]
Read More