Chris Liu
The Latest
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China's BYD Surges Ahead in Southeast Asia, Outpacing Rivals Including Tesla
China's electric vehicle (EV) behemoth, BYD, is making significant inroads in Southeast Asia, leveraging strategic partnerships to expand its footprint and outpace competitors, including the renowned Tesla. The company has managed to capture over a quarter of the EV market share in the region, showcasing its dominance and the effectiveness of its expansion strategies. 
China's electric vehicle (EV) behemoth, BYD, is making significant inroads in Southeast Asia, leveraging strategic partnerships to expand its footprint and outpace competitors, including the renowned Tesla. The company has managed to capture over a quarter of the EV market share in the region, showcasing its dominance and the effectiveness of its expansion strategies. -
China's Country Garden Faces Another Liquidity Challenge Amid Offshore Bond Interest Deadline
In the ever-turbulent world of real estate development, China's Country Garden is once again on the brink, facing a looming liquidity test. The embattled property developer is up against the clock with Monday's deadline to settle a $15 million interest payment related to an offshore bond. This situation is not unfamiliar territory for the developer, as it has narrowly avoided default twice already this month. 
In the ever-turbulent world of real estate development, China's Country Garden is once again on the brink, facing a looming liquidity test. The embattled property developer is up against the clock with Monday's deadline to settle a $15 million interest payment related to an offshore bond. This situation is not unfamiliar territory for the developer, as it has narrowly avoided default twice already this month. -
Evergrande Shares Plunge Amid New Detentions: A Deepening Crisis for China's Property Giant
In a fresh blow to China's beleaguered property developer, China Evergrande Group, shares of the company plummeted by a staggering 25% on Monday. This sharp decline came in the wake of the detention of several staff members from its wealth management unit, hinting at a potential new investigation that could exacerbate the company's already precarious situation. 
In a fresh blow to China's beleaguered property developer, China Evergrande Group, shares of the company plummeted by a staggering 25% on Monday. This sharp decline came in the wake of the detention of several staff members from its wealth management unit, hinting at a potential new investigation that could exacerbate the company's already precarious situation. -
Huawei's Mate 60 Boosts Traffic for Wenjie's New M7 Model: Online Orders Exceed 20,000, In-Store Visits Triple
Since its official launch on September 12th, orders for Wenjie's new M7 model have been steadily rising. Less than 24 hours after its release, the order count surpassed 15,000. By September 16th and 17th, Wenjie reported daily orders of 2,000 and 2,700 units respectively, pushing the total orders for the new M7 model past 20,000. 
Since its official launch on September 12th, orders for Wenjie's new M7 model have been steadily rising. Less than 24 hours after its release, the order count surpassed 15,000. By September 16th and 17th, Wenjie reported daily orders of 2,000 and 2,700 units respectively, pushing the total orders for the new M7 model past 20,000. -
Foxconn's Strategic Pivot: Doubling Down on India Amid Supply Chain Shift from China
In a significant move signaling a shift in global supply chains, Foxconn, the world's premier contract manufacturer of electronics, is setting its sights on India. The Taiwan-based tech behemoth is not just making a cursory glance towards the subcontinent but is planning to double its workforce and investments within the next year. 
In a significant move signaling a shift in global supply chains, Foxconn, the world's premier contract manufacturer of electronics, is setting its sights on India. The Taiwan-based tech behemoth is not just making a cursory glance towards the subcontinent but is planning to double its workforce and investments within the next year. -
Who's Footing the Bill for Dior's $600 Lipstick in China?
French luxury brand Chanel recently launched its 31 LE ROUGE lipstick line, featuring casings made of glass and metallic aluminum. The collection includes 12 shades and corresponding refills. In its Chinese name, the term "collectible" is used, reflecting its premium pricing of 1,380 yuan for the original and 620 yuan for the refill. 
French luxury brand Chanel recently launched its 31 LE ROUGE lipstick line, featuring casings made of glass and metallic aluminum. The collection includes 12 shades and corresponding refills. In its Chinese name, the term "collectible" is used, reflecting its premium pricing of 1,380 yuan for the original and 620 yuan for the refill. -
Huawei and Xiaomi Bury the Hatchet: Global Patent Cross-Licensing Agreement Reached After IP Disputes
On September 13, Huawei and Xiaomi announced a global patent cross-licensing agreement, encompassing communication technologies, including 5G. 
On September 13, Huawei and Xiaomi announced a global patent cross-licensing agreement, encompassing communication technologies, including 5G. -
Alibaba's Cloud Ambitions Face Uncertainty as CEO Zhang Steps Down
In a surprising turn of events, Alibaba's stock took a hit of over 4% in Hong Kong after the sudden departure of the ex-group CEO, Daniel Zhang. This move came merely two months after Zhang had shifted his primary focus to cloud computing, a decision that has now raised eyebrows over the future of the unit's spin-off plan and the potential for internal disagreements at the top echelons of the company. 
In a surprising turn of events, Alibaba's stock took a hit of over 4% in Hong Kong after the sudden departure of the ex-group CEO, Daniel Zhang. This move came merely two months after Zhang had shifted his primary focus to cloud computing, a decision that has now raised eyebrows over the future of the unit's spin-off plan and the potential for internal disagreements at the top echelons of the company. -
Chinese EV Brands Dominate Thailand's Market, with BYD and NETA Leading the Pack
Chinese electric vehicle (EV) brands are making a significant mark in Thailand's market. Recent data released by Thailand's AutoLife website for August 2023 reveals that out of the top ten registered EV models for the month, eight were from Chinese brands. 
Chinese electric vehicle (EV) brands are making a significant mark in Thailand's market. Recent data released by Thailand's AutoLife website for August 2023 reveals that out of the top ten registered EV models for the month, eight were from Chinese brands. -
Huawei's New Smartphone Series: A Potential Rival to Apple in China
Huawei Technologies, China's tech giant, has recently launched a series of smartphones that have garnered international attention. The technology embedded in these phones suggests that Huawei has successfully navigated the challenges posed by U.S. sanctions and is poised to re-emerge as a formidable competitor to Apple. 
Huawei Technologies, China's tech giant, has recently launched a series of smartphones that have garnered international attention. The technology embedded in these phones suggests that Huawei has successfully navigated the challenges posed by U.S. sanctions and is poised to re-emerge as a formidable competitor to Apple.
