Alibaba

Baidu

ByteDance

Meituan

Pinduoduo

Tencent

Most Followed

KrASIA Connection

China's Auto Sector

Earnings Reports

Inside China's Startups

Venture Roundup

Our Events

View All

Collections

News

Features

Insights

Ecosystem

Press Releases

Anker

DeepSeek

Li Auto

MiniMax

Xiaomi

Xpeng

On the Radar

China averaged 5.5% economic growth over the first four years of its 14th five-year plan, said NDRC chief Zheng Shanjie, citing resilience despite the…

Events

Latest

About

36Kr (EN)

Consumer

Robotics

Fintech

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

China

Explore East Asia’s thriving tech hubs, global electronics producers, and fast-evolving digital platforms shaping cross-border innovation.

East Asia

Tencent, a Chinese tech conglomerate, invests in gaming, social media, and cloud services, supporting entertainment and connectivity worldwide.

What guides machine-led insights? Uncover AI applications, language models, and decision-making systems transforming sectors worldwide.

Artificial Intelligence

What lies beyond familiar frontiers? Investigate emerging tech—like quantum computing and AI—transforming traditional sectors.

Deep Tech

The tech giant signals a deeper push into full-stack AI with its latest round of announcements.

Tencent ups its AI game with a flurry of releases at WAIC 2025

Decoding China&#039;s tech and business pulse

KrASIA

36Kr is China's most influential business and technology network, delivering high-quality content focused on China’s innovation and new economy trends since 2010. With its extensive traffic and network, 36Kr has built a comprehensive database and strong data analytics capabilities to provide insights into China’s technology landscape.

36Kr English

How do ideas shape industries? Learn how content, design, and digital artistry influence branding, marketing, and cultural impact.

Creative

Who thrives in a digitally democratized landscape? Discover how independent creators, influencers, and educators monetize content and expertise.

Creator Economy

What entertains a connected world? Track shifts in film, music, and media consumption, as platforms and audiences redefine cultural experiences.

Entertainment

Japan

Masamune Shirow's sci-fi manga universe is thriving 40 years after his debut.

AI will not change humans, says "Ghost in the Shell" creator

As part of 36Kr’s ongoing partnership with Nikkei, you can read selected content from Nikkei Asia on KrASIA.

Nikkei Asia

How do markets shape wealth creation? Study portfolio diversification, asset classes, and strategies balancing growth and risk.

Investment

When do companies invite public investment? Understand listing criteria, underwriter roles, and regulatory steps defining initial offerings.

Why do firms join forces? Investigate synergy goals, valuation methods, and negotiations driving corporate consolidation.

Merger &amp; Acquisition

What happens after acquisitions close? Examine deal structures, operational improvements, and exit strategies molding corporate outcomes.

Private Equity

What fuels startup ecosystems? Review funding rounds, investor strategies, and market insights guiding entrepreneurial growth.

Venture Capital

Australia

Hong Kong

Oceania

Singapore

Southeast Asia

Bringing you the latest updates on funding deals and activities in the Asia Pacific.

Deals in brief: Respiree raises Series A funding, HeyMax expands with Krip acquisition, latest China deals, and more

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.

Sudo Lim

KrASIA tracks China’s tech and business stories—alongside key developments across the broader Asia Pacific region.

Header Section | KrASIA

Home

Sections

Header Section

China averaged 5.5% economic growth over the first four years of its 14th five-year plan, said NDRC chief Zheng Shanjie, citing resilience despite the pandemic and trade friction. He projected a five-year GDP increase of over RMB 35 trillion, topping the 2024 output of China’s top three provinces and contributing about 30% to annual global growth.

Forever 21 is making a fourth attempt to reenter the Chinese market, this time through a partnership with a firm partly owned by <a href="/industry/e-commerce">e-commerce</a> platform Vipshop. Supported by new marketing and online storefronts, the brand is seeking to regain relevance in a crowded fast fashion landscape but faces hurdles in brand cohesion and offline growth.

Mexico has raised import taxes on small <a href="/industry/e-commerce">e-commerce</a> purchases from countries without trade agreements, increasing the rate to 33.5%. The change affects goods from China, impacting retailers like <a href="/company/shein">Shein</a> and <a href="/company/temu">Temu</a>. The move is seen as part of Mexico’s strategy to ease US trade tensions while boosting revenue and protecting local industry.

<a href="/company/xiaomi">Xiaomi</a> has reportedly sold 50,000 units of its <a href="https://kr-asia.com/xiaomi-steps-into-smart-eyewear-with-voice-enabled-glasses-built-for-everyday-use">new AI glasses</a> since their June launch and could reach annual sales of over five million pairs within three years, according to a company executive. Priced at RMB 1,999, the glasses feature video capture, translation, and integration with Xiaomi’s smart ecosystem.

The dispute between battery makers <a href="/company/catl">CATL</a> and Hithium has escalated after a former Hithium executive was detained in Ningde over alleged trade secret violations. CATL filed the complaint and submitted evidence to police. The case is separate from a pending unfair competition lawsuit and comes as Hithium faces scrutiny ahead of its Hong Kong IPO hearing.

Groq is set to raise about USD 600 million in a new round led by VC firm Disruptive, valuing the AI chip startup at roughly USD 6 billion. The deal will double Groq’s valuation and bring its total funding to over USD 2 billion, even as it revises its 2025 revenue outlook.

A potential extension of the US-China tariff pause won’t be finalized without President Donald Trump’s approval, officials said after the latest round of talks in Stockholm on July 29. The current truce is set to expire August 12, after which tariffs could snap back to earlier levels.

China’s solar installations fell from nearly 100 GW in May to under 15 GW in June as developers lost access to fixed-rate subsidies. Authorities are also tightening price controls on solar products to curb bankruptcies and stabilize a market strained by overcapacity and fierce competition.

Anthropic is in advanced talks to raise up to USD 5 billion in a new funding round led by Iconiq Capital, potentially valuing the startup at USD 170 billion. The company has reached USD 5 billion in annual recurring revenue and aims to hit USD 9 billion by year's end. Amazon, GIC, and the Qatar Investment Authority are among those in talks to join.

<a href="/company/li-auto">Li Auto</a> has launched the Li i8, a six-seat electric SUV with dual-motor all-wheel drive, up to 720 kilometers of range, and 5C fast charging. The model features a proprietary drive system, LiDAR-based assisted driving, and a smart assistant powered by Mind GPT. Deliveries are set to begin August 20.

<a href="/company/alibaba">Alibaba</a> has launched Wan 2.2, a suite of open-source video generation models built on MoE architecture. The models enable high-quality cinematic video generation from text or images and promise significant improvements in motion control, visual detail, and computational efficiency.

Nvidia develops GPUs for gaming, AI, and data centers, fueling graphics, machine learning, and compute-intensive workloads.

Nvidia

The US market serves as both the backbone and the driving force behind global technological advancements.

How are driverless systems redefining mobility? Uncover sensor technologies, regulatory frameworks, and AI driving cars without human intervention.

Autonomous Vehicles

What powers tomorrow’s roads? Explore EV adoption, charging infrastructure, and battery advances sparking the shift toward sustainable transport.

Electric Vehicles

How is the way we move evolving? Explore developments in autonomous transportation, electric vehicles, and more efficient urban transit.

Mobility

What powers digital devices? Delve into chip design, manufacturing bottlenecks, and semiconductor breakthroughs fueling global electronics.

Semiconductors

How do goods and people flow worldwide? Examine transport networks, logistics innovations, and policies shaping global connectivity.

Transportation

Once the go-to for in-vehicle chips, Nvidia is facing defections from Chinese carmakers amid delays, performance setbacks, and cultural disconnect.

From dominance to doubt: How Nvidia fumbled its shot at powering China’s cars

https://secure.gravatar.com/avatar/a6b9ace74da9df391d5f7ba1892f4393?s=96&d=blank&r=g

What began as a crowdsourced knowledge base now spans 37 cities, driven by a culture of curiosity, co-building, and radical openness.

From a shared doc to nine million members: How WaytoAGI grew into a global AI tribe

AI Now! is a global AI community of Chinese developers, professionals, and founders.

https://secure.gravatar.com/avatar/f0ec64bc524c1edf0ae454b5b9aabacd?s=96&d=blank&r=g

AI Now!

What shapes modern healthcare and agriculture? Examine biotech startups, gene editing, and drug discovery unlocking biological potential.

Biotechnology

After a dry spell, the city’s biotech scene is showing fresh signs of life as investors pay attention again.

China touts growth amid global headwinds

Latest Pulses

Most Recent

From dominance to doubt: How Nvidia fumbled its shot at powering China’s cars

From a shared doc to nine million members: How WaytoAGI grew into a global AI tribe

Leads Biolabs’ IPO points to biotech rebound in Hong Kong