7 h. ago Huawei becomes China’s top smartphone seller for the first time in 4 years: IDC

Huawei Technologies topped mainland China’s smartphone market in the second quarter – the first time in four years – “underscoring its strong brand appeal and effective shipment management”, according to International Data Corporation (IDC). However, China’s smartphone sales shrank 4 per cent to 69 million units in the April to June quarter due to weak consumption and reduced government subsidies for electronic devices, data from the consultancy released on Tuesday showed. It was the first...

Politics

11 h. ago China and Europe power 24% growth in global EV sales in June

Global sales of electric and plug-in hybrid vehicles surged 24 per cent in June from a year earlier, driven by strong demand in China and Europe, while the US fell behind, according to the market research firm Rho Motion. A total of 1.8 million battery-powered electric vehicles (BEVs) and plug-in hybrids were sold last month, the London-based firm said on Tuesday. Sales in China jumped 28 per cent to 1.11 million units, or 60 per cent of the worldwide total, while Europe’s demand rose 23 per...

Politics

22 h. ago U.S. moving fast to secure access to critical minerals to counter China's dominance of market, Pentagon says

U.S. moving fast to secure access to critical minerals to counter China's dominance of market, Pentagon says  CNBC

Politics

25 h. ago Nvidia’s stock pops as China win may pave the way for $5 trillion market cap and beyond

Nvidia’s stock pops as China win may pave the way for $5 trillion market cap and beyond  MarketWatch

Economics

25 h. ago Nvidia’s stock pops as China win may pave path to $5 trillion market cap — and beyond

Nvidia’s stock pops as China win may pave path to $5 trillion market cap — and beyond  MarketWatch

Economics

26 h. ago China’s GDP figures, robots riding Shenzhen subway: SCMP daily highlights

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. China’s strong GDP figures stoke debate over stimulus as US tariff risks loom China’s economy beat market forecasts to grow 5.2 per cent in the second quarter, but analysts said headwinds would intensify in late 2025. 2. Taiwanese leader said to be planning US ‘stopover’ that’s set to anger Beijing Taiwanese leader William Lai Ching-te is planning a US...

Politics

28 h. ago ‘China’s car market has lost all reason’ – the country’s largest western carmaker refuses to compete in Tesla and BYD’s EV price war

‘China’s car market has lost all reason’ – the country’s largest western carmaker refuses to compete in Tesla and BYD’s EV price war  Fortune

Economics

28 h. ago China smartphone market reverses to decline in Q2 after six quarters of growth

China smartphone market reverses to decline in Q2 after six quarters of growth  Reuters

Politics

29 h. ago Nvidia rallies, leading market, on resumed H20 AI chip exports to China

Nvidia rallies, leading market, on resumed H20 AI chip exports to China  Axios

Politics

29 h. ago Nvidia rallies, leading market, on resumed AI chip exports to China

Nvidia rallies, leading market, on resumed AI chip exports to China  Axios

Politics

36 h. ago Instant View: China's Q2 GDP grows 5.2% y/y, above market forecast

Instant View: China's Q2 GDP grows 5.2% y/y, above market forecast  Reuters

Politics

41 h. ago Apple struggles in China while Samsung dominates the global smartphone market

Apple struggles in China while Samsung dominates the global smartphone market  PhoneArena

Technology

51 h. ago Driverless taxis in mainland China could control more than 6% of market: HSBC

Driverless cabs in China could account for 6 per cent of the country’s total taxi market, aided by advanced digital infrastructure and consumer willingness to embrace new technologies, according to HSBC. The potential addressable market for robotaxis in mainland China was estimated to be around US$40 billion a year, the bank said in a report on Monday, without elaborating on when local operators of driverless cabs could achieve the goal. The projection represented 6.2 per cent of the total taxi...

Economics

52 h. ago Robot makers AgiBot, Unitree, UBTech land more orders from Chinese enterprises

China’s fast-developing humanoid robot market segment is seeing demand from enterprises gather speed, as prominent start-ups AgiBot and Unitree Robotics have landed orders totalling 124 million yuan (US$17.3 million) from state-owned China Mobile, the world’s largest telecommunications firm by number of subscribers. That order from China Mobile’s subsidiary in Hangzhou, capital of eastern Zhejiang province, involves the supply of 78 million yuan worth of full-size humanoid robots from AgiBot and...

Politics

59 h. ago Debate over moon crater, cyber nationalists target maths star: 5 weekend reads

We have put together stories from our coverage last weekend to help you stay informed about news across Asia and beyond. If you would like to see more of our reporting, please consider subscribing. 1. ‘Caught off guard’: China’s garment makers cut out of US market as tariffs bite 2. How Hong Kong’s hawker rules are forcing a 92-year-old to sit all day at stall 3. Why China’s luxury hotels are selling street food to survive 4. Debate rages over ancient crater after China returns rocks from...

Events

3 d. ago China’s AI glasses market takes shape as Xiaomi’s entry inspires early adopters

Chinese tech giant Xiaomi’s entry into the country’s burgeoning artificial intelligence (AI) glasses market is likely to benefit from the gadget maker’s expansive ecosystem and supply chain strength, according to early adopters and analysts. Several users who bought the Xiaomi AI frames when they were released last month found the first-person video recording and AI features useful for documenting personal moments and assisting with office tasks, although there were improvements and missing...

Politics

4 d. ago Apple’s China Risks Are Real, But The Market Is Missing The Bigger Picture

Apple’s China Risks Are Real, But The Market Is Missing The Bigger Picture  Barchart.com

Events

4 d. ago ‘Caught off guard’: China’s garment makers cut out of US market as tariffs bite

‘Caught off guard’: China’s garment makers cut out of US market as tariffs bite  South China Morning Post

Economics

5 d. ago China Out, India In? Bharat May Slither In Japan’s Garment Market As Beijing's Dominance Declines: AEPC

China Out, India In? Bharat May Slither In Japan’s Garment Market As Beijing's Dominance Declines: AEPC  Times Now

Politics

5 d. ago ‘I cook instant noodles’: anxiety grips China’s workforce amid dire job market

This is the final story in a three-part series exploring the domestic economic challenges China faces as it navigates an unprecedented trade war with the United States. In this piece, we explore the country’s cloudy employment outlook for workers across all sectors, and how truck drivers and high-powered lawyers alike are learning to adjust their expectations. When his chemical company laid off a third of its team, Liang Wang felt a mix of emotions: relief that he was not among them, but dread...

Society