Consumer Economy

Steady price hikes have moved Xiaomi from budget disruptor to high-end challenger, with its latest release positioned squarely against the iPhone 17.

Beijing, long accused of a lax attitude toward counterfeits, has seen its soft power grow.

Ocean Engine has been folded into Douyin E-commerce as part of the move.

With ten million units sold, Hanvon Ugee’s XPPen has grown into the world’s second largest seller of pen displays.

The service aims to drive traffic to merchants while giving diners more choice.

Xibei has apologized and pledged greater transparency, but draft national standards and growing capital inflows point to a market too big to stop.

Closures in Indonesia and Vietnam mark growing pains, but domestic scale, coffee, and new supply hubs give the group fresh momentum.

A buyer is expected to be chosen by October.