China’s smartphone market contracted in 2025, as the momentum from government consumption subsidies dissipated in the second half, reports Caixin. The downturn underscores the fragile state of consumer electronics demand in the world’s largest smartphone market and signals a challenging year ahead, with memory costs set to climb steeply. Smartphone shipments in the China market fell […]
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The EU plans to phase out components and equipment from high-risk suppliers in critical sectors, reports Reuters, citing a draft proposal released by Brussels on Tuesday. The move was criticised by China’s Huawei, which is set to be among the companies affected. According to Reuters, the measures, set out by the European Commission in revisions to […]
Beijing is planning to introduce new measures to promote the consumption of services, betting that elderly care, healthcare and leisure can offset tepid demand for goods, reports Reuters, citing an unnamed policy advisor. Analysts say the plan’s success hinges on elevating household incomes and social welfare. Beijing views labor-intensive services as a key to reorienting its economy […]
PDD Holdings’ share price saw its seventh consecutive drop on Tuesday, pushing its market capitalization below $150 billion, as concerns grow over the intensifying regulatory scrutiny of its cross-border e-commerce platform, Temu, reports Caixin. The stock has shed more than 30% of its value since a November 2025 peak, as Temu’s growth trajectory hits turbulence in […]
China’s commercial space sector saw 50 launches last year, making up more than half of the country’s total, reports the South China Morning Post, which says this underscores the growing role of private players alongside the state-led space programme. Commercial launches accounted for 54 per cent of the country’s total in 2025, according to data released […]