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Heytea has opened its first overseas tea bar in Manhattan’s Upper East Side, New York. The brand previously established the concept in Beijing, Guangz…

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China’s tech ecosystem serves as a driving force behind the world’s second largest economy, influencing global digital markets.

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Huawei, a global telecom and smartphone vendor, delivers networking equipment, 5G solutions, and consumer devices integrating cutting-edge tech.

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Huawei is focusing on domestic computing power and enterprise use cases as rivals compete on cheaper AI inference.

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Cheng Zi is based in China, covering technology- and business-related events. She works with her colleagues at 36Kr Global to provide coverage in both English and Chinese.

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Li-Ning, a Chinese sportswear brand, focuses on performance-driven footwear and apparel, combining functionality with contemporary design.

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The Chinese sportswear brand is counting on Curry Brand becoming a long-term global asset.

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An alias used when humans and machines team up in our newsroom. Articles under this byline may be shaped with the help of AI, but are always vetted by a human before publication.

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Heytea has opened its first overseas tea bar in Manhattan’s Upper East Side, New York. The brand previously established the concept in Beijing, Guangzhou, Shenzhen, and Foshan.

Anker Innovations has begun gauging investor interest for a Hong Kong IPO. The consumer electronics manufacturer plans to raise up to USD 700 million in the coming weeks, with CICC, Goldman Sachs, and JPMorgan serving as joint sponsors.

<a href="/company/ant-group">Ant Group</a> is reportedly testing an <a href="/industry/ai">AI</a> agent interface for Alipay. The update would let users complete tasks such as booking rides, ordering coffee, arranging takeout, and managing investments by typing or speaking requests, intensifying Alipay’s competition with WeChat.

<a href="/company/dji">DJI</a> and <a href="/company/insta360">Insta360</a> have overtaken GoPro in the global action camera market, with DJI capturing a 66% share as of Q3 2025. GoPro, which held 84% of the market in 2022, reported a USD 80.82 million net loss in Q1 2026 and warned of substantial doubt about its ability to continue as a going concern.

Moonshot AI has launched a desktop application that can coordinate up to 300 AI agents for complex workflows. The company also released the open-source Kimi-K2.7-Code model, which reduces reasoning token consumption by 30%.

WeRide, Uber, and Avomo plan to launch Spain’s first commercial robotaxi pilot in Madrid later this year. WeRide has also outlined plans to deploy its Level 4 autonomous vehicle portfolio in Slovakia, with selected models expected to enter commercial operations in 2026.

<a href="/company/huawei">Huawei</a> is evaluating whether to deploy its Ascend chips in cloud and <a href="/industry/ai">AI</a> services in Latin America. Mark Chen, LATAM president of Huawei Cloud, confirmed the study, which would expand the reach of Chinese-designed hardware in a market dominated by US suppliers.

Kweichow Moutai will scale back cross-industry retail collaborations to focus on its core liquor business, chairman Chen Hua said at the company’s annual shareholder meeting. The company plans to prioritize base liquor production and maintain a supply-demand-based pricing strategy. Moutai also said it has no current plans for a stock split.

<a href="/company/alibaba">Alibaba</a> is said to be bidding USD 1.5 billion to acquire Chinese fresh food delivery platform Pupu. The offer is reportedly more than double a previous valuation proposed by Sun Art Retail.

<a href="/company/xpeng">Xpeng</a> is developing a wagon model under its Mona series, according to leaked photos. The project has been confirmed internally, though the vehicle is not expected to launch this year.

Woodside Energy exercised its preemptive right to acquire PetroChina’s 10.67% stake in the Browse gas fields for USD 225 million, blocking a planned sale to Japan’s Inpex. The deal includes a USD 175 million contingent payment tied to a final investment decision by June 30, 2032. The acquisition would raise Woodside’s interest in the project to 41.27%.

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Japan is seeking partnerships in Asia to build more resilient supply chains.

What naphtha shortage? China extends petrochemicals lead amid US-Iran conflict

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As the venture struggles to meet its US goals, its founder concedes “mistakes” but presses on.

Chinese entrepreneur's e-truck startup Windrose faces unpaid wage claims

Chinese entrepreneur&#8217;s e-truck startup Windrose faces unpaid wage claims

Anta, a Chinese sportswear brand, specializes in performance-driven design, equipping athletes and consumers with innovative sports apparel and footwear.

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Heytea opens first overseas tea bar

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What naphtha shortage? China extends petrochemicals lead amid US-Iran conflict

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