Chris Liu

Chris Liu

The Latest

  • China's New Gaming Regulations Prompt Massive Market Value Loss for Tencent and NetEase
    Tencent
    In a significant blow to the gaming sector, China's National Press and Publication Administration has called for public feedback on the draft of the "Network Game Management Measures" on December 22. The proposed regulations cover various aspects of the gaming industry, including game modes, charging models, licensing, content, and anti-addiction measures.
  • Huawei to Open 800 New HarmonyOS Smart Car Stores Amid Shrinking Market Value
    Huawei
    Huawei is reportedly planning a significant expansion of its independent HarmonyOS Smart Car stores, aiming to open around 800 new outlets in 2024 and striving to hit 1,000 by 2025.
  • Tesla Reportedly Opts Out of Performance-Based Stock Incentives for Employees Amid Cost-Cutting Measures
    Tesla looks to pave the way for Chinese battery makers to come to U.S
    Tesla Inc. is reportedly not offering performance-based stock incentives to some of its employees this year, a move that appears to be part of the company's efforts to reduce expenses amid challenging global economic conditions.
  • BYD and Two Other Chinese Brands Plan Factories in Mexico, China's Second-Largest Car Export Destination
    BYD
    Mexico, a key export destination for Chinese automobiles, is witnessing an expansion of Chinese car manufacturers who are planning to set up factories in the region. This move follows the successful mass production of some Chinese industrial chain companies in Mexico.
  • U.S. Tightens Export Controls on Chinese Firms Amid Growing Security Concerns
    U.S., China must manage 'intense competition', top Biden adviser says
    The United States government has intensified its scrutiny of Chinese companies amid heightened geopolitical tensions, leading to the addition of several entities to its restrictive trade lists.
  • Automotive Battery Competition Enters Second Phase: Companies Strive for Self-Developed Power Solutions
    Chinese electric vehicle maker Nio Inc's product launch event in Chengdu
    On December 17, William Li, the founder, chairman, and CEO of NIO, captured widespread attention with a 14-hour live broadcast. The highlight was a battery that, after driving 1,044 kilometers, still had 3% charge remaining. This battery, planned for deployment in NIO's vehicles next year, is a 150-degree ultra-long-range battery pack.
  • Former Wanda Group President Ding Benxi 'Disappears,' Once Second-in-Command to Wang Jianlin
    Wanda Group
    Ding Benxi, the retired former president of Wanda Group, has reportedly "disappeared."
  • Apple to Temporarily Halt Sales of Apple Watch Series 9 and Ultra 2 in the US Amid Patent Dispute
    Apple's Watch Series 9 and Ultra 2: A New Era of Wearable Tech with Double Tap and Enhanced Displays
    In a sudden turn of events, Apple announced it will cease selling two of its Apple Watch models in the United States later this week. The decision, detailed in a statement to the media on the evening of December 18 (Beijing time), affects the Apple Watch Series 9 and Apple Watch Ultra 2.
  • Xiaomi Prepares for Electric Vehicle Launch: Store Renovations and Recruitment Underway, Price Remains Undisclosed
    Xiaomi Revs Up the Auto Market: Its Luxurious 'Dream Car' SU7 Unveiled
    Xiaomi is gearing up for the arrival of its first electric vehicle, with renovations underway at a Xiaomi store in Xujiahui, Shanghai. Despite rumors of a launch event on December 28, store staff informed Jiemian News that there has been no internal confirmation, and the earliest arrival of the display car is expected in January or later.
  • ByteDance's AI Training Methods Under Fire for Alleged Copyright Breach with UK News Content
    Bytedance
    ByteDance, the Chinese tech giant behind the popular app TikTok, is facing accusations of using content from UK news sites to train its artificial intelligence (AI) chatbot, ByteSpider, without proper authorization or compensation.
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