KrASIA Connection

KrASIA Connection curates technology and innovation updates from China.

News

Growth stalls for Hermes in China while supply chain rumors spread

The French luxury house posted steady growth, but could face headwinds as foot traffic dips and supply chain claims go viral.

3 mins read

A crop of Chinese handbag brands are skipping the logos and rewriting the luxury playbook, hoping design and storytelling can go where status once ruled.
Insights
Can China make its own luxury handbags—and make us believe in them?
4 mins read
Vietnam, once viewed as China’s fallback for supply chain shifts, is now squarely in the crossfire of Trump’s latest tariffs.
News
Trump’s tariffs leave exporters with no easy outs—whether in China or beyond
4 mins read
Plush toys and core IPs propelled Pop Mart to record-breaking revenue in 2024.
News
Pop Mart’s global push pays off as revenue doubles in 2024
3 mins read
Built for edge devices, Alibaba’s Qwen2.5-Omni-7B model brings real-time multimodal intelligence closer to the user.
News
Alibaba’s new open-source AI can think, talk, and run on a phone
3 mins read
New regulatory measures have halted Tesla’s Full Self-Driving pilot in China—for now.
News
Tesla forced to suspend China FSD trial under stricter update rules
2 mins read
The Chinese tech giant says its latest Ernie model outperforms GPT-4.5 while costing just 1% as much.
News
Baidu slashes AI costs with Ernie 4.5 and X1, taking on OpenAI and DeepSeek
2 mins read
Touted as China’s next breakthrough after DeepSeek, is Manus truly an AI game changer?
Insights
5 things to know about Manus, the AI agent everyone’s debating
3 mins read
The Rosso Ancora rebrand hasn’t turned things around, with Gucci plunging closer to the red.
News
Gucci’s new signature is red—and so are its financials as sales bleed
3 mins read