Amid the eager anticipation of visitors, a young woman’s photo appears on a large screen. Next to the photo is a video of a woman with almost the same look who breaks into a radiant smile. “She” runs her fingers through her hair and waves enthusiastically to the people standing around. “She” crackles the atmosphere...
Peruvian President Dina Boluarte Praises Chinese Innovation During Visit
During her five-day visit to China, Peruvian President Dina Boluarte experienced firsthand the advancements in Chinese technology and infrastructure. In Shenzhen, she tested new energy vehicles, expressing admiration for Chinese enterprises’ technological progress. She also took a high-speed rail trip, praising its efficiency with the remark, “Chinese high-speed train is really fast! We arrived [at...
Apple’s Vision Pro AR Headset Debuts in China Amid High Enthusiasm
Apple’s much-anticipated augmented reality (AR) device, the Vision Pro, officially launched in China on Friday, marking a significant milestone as one of the first countries outside the US to receive the product. Chinese consumers have shown a strong interest, reflecting the country’s growing enthusiasm for cutting-edge technology. In a bid to capture the Chinese market...
COSCO Shipping Launches Direct Route Between China and U.S. West Coast
China COSCO Shipping Corp. Ltd. has inaugurated a new direct shipping route between China and the West Coast of the United States, a move poised to bolster maritime logistics in the Guangdong-Hong Kong-Macao Greater Bay Area. The maiden voyage ceremony at Yantian Port marked the departure of a COSCO Shipping vessel loaded with approximately 7,400...
Lanzhou Beef Noodles Take Stockholm by Storm: Zhou Yan’s Culinary Success
Zhou Yan, a 31-year-old entrepreneur from Gansu province in north-central China, has made a significant impact in Sweden with his eatery, Ox Lan Beef Noodle, located in Stockholm. Launched on March 25, the restaurant quickly became a hit, earning Zhou a substantial income of one million yuan (US$140,000) a month. The restaurant’s popularity has led...
Rolls-Royce and CATL Collaborate to Launch Innovative Energy Storage System in EU and UK
Rolls-Royce, a leading British provider of power and propulsion solutions, has partnered with Chinese battery manufacturer Contemporary Amperex Technology Co Ltd (CATL) to introduce CATL’s new TENER product line in the European Union and the United Kingdom. This collaboration marks a significant step in advancing energy storage technology in these regions. CATL’s TENER product line...
Allianz Global Investors Acquires Stake in Guomin Pension to Enter China’s Private Pension Market
Allianz Global Investors (AllianzGI), a division of Europe’s largest insurer Allianz, is subscribing to a new share issuance by Guomin Pension, securing a 2% stake in one of China’s leading private pension market players. This strategic move allows AllianzGI to invest in China’s burgeoning private pension sector, marked by a rapidly aging population. AllianzGI is...
Chinese EV Surge Shakes Up Thai Automotive Market, Forces Japanese Factory Closures
Bangkok, June 22, 2024 – BYD celebrated a significant milestone with the opening of its 108th store in Thailand, marking its 300th in the Asia-Pacific region. This expansion underscores BYD’s commitment to the Thai market and highlights the growing influence of Chinese electric vehicles (EVs) in the region. Ke Yubin, Assistant General Manager of BYD...
The Curious Case of TikTok: A Ban Driven by Geopolitics and Dollar Signs
The United States government is pushing for the forced sale of TikTok, owned by Chinese tech giant ByteDance, citing security concerns. However, this narrative crumbles under scrutiny. Despite complying with US regulations, TikTok, valued at a staggering $300 billion, faces the possibility of a ban, raising questions about the true motives behind this push. There’s...