Ethan Zhao
Senior Reporter
The Latest
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BYD's Electrifying Surge: Sales Soar by 88.79% despite Buffet's Ongoing Divestiture
BYD, the Chinese automobile manufacturer persistently being sold off by Warren Buffet, has achieved new sales heights for the month. 
BYD, the Chinese automobile manufacturer persistently being sold off by Warren Buffet, has achieved new sales heights for the month. -
Huawei Announces the Arrival of 5.5G Era: Full Suite of Network Equipment to Roll Out in 2024
In a significant announcement at the 2023 MWC Shanghai 5G Advanced Forum, Yang Chaobin, a board member and President of ICT Product & Solution at Huawei, revealed the company's plans to launch a complete set of 5.5G network equipment for commercial use in 2024. The declaration marks the ICT industry's upcoming transition into the 5.5G era. 
In a significant announcement at the 2023 MWC Shanghai 5G Advanced Forum, Yang Chaobin, a board member and President of ICT Product & Solution at Huawei, revealed the company's plans to launch a complete set of 5.5G network equipment for commercial use in 2024. The declaration marks the ICT industry's upcoming transition into the 5.5G era. -
China Takes Aggressive Measures to Bolster Wavering Yuan Amid Economic Concerns
In an attempt to stabilize a rapidly declining yuan, China's monetary authorities implemented stringent measures on Tuesday, marking the first such intervention in nearly eight months. As per market sources, the People's Bank of China (PBOC) established a higher-than-anticipated trading range for the yuan and state banks engaged in dollar sales, demonstrating an increased concern over the yuan's swift depreciation. 
In an attempt to stabilize a rapidly declining yuan, China's monetary authorities implemented stringent measures on Tuesday, marking the first such intervention in nearly eight months. As per market sources, the People's Bank of China (PBOC) established a higher-than-anticipated trading range for the yuan and state banks engaged in dollar sales, demonstrating an increased concern over the yuan's swift depreciation. -
A New Chapter Unfolds: TikTok's COO Pappas Steps Down
TikTok's operational helm experiences a shift as Vanessa Pappas, the company's Chief Operating Officer, steps down after a remarkable five-year tenure. Pappas, who has made significant contributions to the company, seeks to refocus on entrepreneurial ventures. Despite the transition, Pappas will continue to provide strategic advice to the platform, a move welcomed by TikTok CEO Shou Zi Chew. 
TikTok's operational helm experiences a shift as Vanessa Pappas, the company's Chief Operating Officer, steps down after a remarkable five-year tenure. Pappas, who has made significant contributions to the company, seeks to refocus on entrepreneurial ventures. Despite the transition, Pappas will continue to provide strategic advice to the platform, a move welcomed by TikTok CEO Shou Zi Chew. -
Fatal Gas Explosion at Chinese BBQ Joint Shakes Yinchuan: 31 Lives Lost
A tragic gas explosion that ripped through a BBQ restaurant in Yinchuan, the capital of China's Ningxia region, resulted in the death of at least 31 individuals, according to authorities who issued a statement on Thursday. The unfortunate incident occurred on Wednesday evening and left the two-story eatery in complete ruin. 
A tragic gas explosion that ripped through a BBQ restaurant in Yinchuan, the capital of China's Ningxia region, resulted in the death of at least 31 individuals, according to authorities who issued a statement on Thursday. The unfortunate incident occurred on Wednesday evening and left the two-story eatery in complete ruin. -
Jack Ma's Resurgence: The Unveiling of Alibaba's New Era
Jack Ma, Alibaba's elusive architect, re-emerged from retirement to take the reins of the colossal yet placid Alibaba empire, instantly catalyzing a wave of transformations. 
Jack Ma, Alibaba's elusive architect, re-emerged from retirement to take the reins of the colossal yet placid Alibaba empire, instantly catalyzing a wave of transformations. -
Is Baidu set to soar on the tailwinds of AI?
On Tuesday, Morgan Stanley identified Baidu as China's "best" AI company, asserting that Baidu is poised to benefit the most from AI tools aiding China's $7.4 trillion consumer market in transitioning from offline to online. 
On Tuesday, Morgan Stanley identified Baidu as China's "best" AI company, asserting that Baidu is poised to benefit the most from AI tools aiding China's $7.4 trillion consumer market in transitioning from offline to online. -
A New Era for Alibaba: Daniel Zhang Bows Out as CEO to Spearhead Cloud Division; Eddie Wu Steps In
In an unexpected corporate reshuffle, Alibaba Group (9988.HK) announced on Tuesday that CEO and Chairman Daniel Zhang will relinquish his roles to concentrate on the firm's cloud business as it moves forward with a plan to break into six independent business units. 
In an unexpected corporate reshuffle, Alibaba Group (9988.HK) announced on Tuesday that CEO and Chairman Daniel Zhang will relinquish his roles to concentrate on the firm's cloud business as it moves forward with a plan to break into six independent business units. -
India Tries To 'Snatch' China's Mobile Phone Supply Chain: The Darkest Hour for Chinese Smartphone Companies in India?
Indian government's aggressive measures to take control of the mobile phone supply chain from China are putting Chinese smartphone manufacturers, including Xiaomi, OPPO, and Vivo, under increasing pressure in the country. 
Indian government's aggressive measures to take control of the mobile phone supply chain from China are putting Chinese smartphone manufacturers, including Xiaomi, OPPO, and Vivo, under increasing pressure in the country. -
Apple's Vision Pro Suppliers Revealed: Seven Mainland Chinese Companies Including Luxshare Precision on the List
Despite the global trend of supply chain restructuring and the partial shift of production lines for basic products such as the iPhone to South Asia and Southeast Asia, Apple's cutting-edge mixed reality (MR) product, Vision Pro, will still primarily be manufactured by suppliers from mainland China and Taiwan. 
Despite the global trend of supply chain restructuring and the partial shift of production lines for basic products such as the iPhone to South Asia and Southeast Asia, Apple's cutting-edge mixed reality (MR) product, Vision Pro, will still primarily be manufactured by suppliers from mainland China and Taiwan.
