Xiaomi founder reveals the company’s billion-dollar bet on electric vehicles In 2021, Lei Jun initiated Xiaomi's venture into the electric vehicle (EV) market, calling it the “last major entrepreneurial project” of his life.
What does the future look like for Chinese AI firm SenseTime in the wake of its co-founder's death? On Saturday, SenseTime announced that its co-founder Tang Xiao'ou had suddenly passed away at 55 due to an untreatable illness.
iPhone exodus? China has reportedly implemented stricter rules on foreign mobile devices Reports are saying that companies and government-backed groups in eight provinces now have a new rule – no iPhones or foreign devices at work, according to insiders.
Alibaba reduces its stake in Chinese EV maker XPeng On Friday, Alibaba revealed plans to sell some of its shares in XPeng, and the EV maker’s stock dropped by over 8% the same day as a result.
China and Saudi Arabia team up for a Haichang Ocean Park expansion Haichang Ocean Park, which runs six parks in mainland China, is now teaming up with Saudi Arabia's Tourism Development Fund.
China has been working closely with the US on a COP28 deal China's climate envoy, Xie Zhenhua, said over the weekend that he’s been in the thick of discussions with the US and others at COP28.
China maps out strategies for its economic roadmap for 2024 Last Friday, China's top decision-makers, the Politburo, shared how they plan to strengthen the economy in 2024.