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iQiyi's international platform recorded a 114.5% YoY increase in global views in 2025, driven by strong demand for Chinese and Thai dramas. The compan…

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Bilibili, an online entertainment platform, features anime, gaming videos, live streams, and interactive communities appealing to younger audiences.

Bilibili

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

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Automated ad placement and closed-loop transactions are reshaping how the platform turns its young user base into recurring revenue.

Bilibili rolls out AI tools to push next phase of platform monetization

Decoding China&#039;s tech and business pulse

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

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iQiyi's international platform recorded a 114.5% YoY increase in global views in 2025, driven by strong demand for Chinese and Thai dramas. The company also launched new content charts across six categories, including drama, film, and animation, to track global viewing trends. Dramas and original content remain its key growth drivers.

Canada’s federal court has overturned a government order to dissolve <a href="/company/tiktok">TikTok’s</a> operations, allowing the platform to continue while a new national security review is conducted. The 2024 order cited security concerns over its Chinese ownership. TikTok, which has about 14 million users in Canada, said it welcomed the ruling and will cooperate with the review.

China added 470 GW of new power capacity in 2025, roughly seven times the US increase, as it moves to secure cheap, abundant energy for <a href="/industry/ai">AI</a> development. Renewable sources accounted for 80% of the new capacity, while 27 nuclear reactors are under construction. The expansion underscores Beijing’s growing advantage in its technology rivalry with Washington.

<a href="/company/alibaba">Alibaba Group</a> has launched a RMB 250 million joint venture with China National Nuclear Power and others to develop electricity generation projects, according to Tianyancha. The move could help secure reliable, clean power for Alibaba’s expanding AI data centers as tech firms race to meet rising energy demands.

<a href="/company/alibaba">Alibaba’s</a> Qwen has become the world’s leading open-source large model, with more than 200,000 derivative models and over one billion downloads, according to Hugging Face. Developers worldwide are creating about 200 new Qwen-based models daily across fields such as robotics, translation, and content generation, highlighting its influence.

Z.ai, also known as Zhipu AI, will restrict new subscriptions to its GLM Coding Plan to 20% of current daily levels starting January 23, citing resource strain from a surge in demand following its GLM-4.7 model launch. Existing users remain unaffected.

Kling AI, a video generation platform developed by <a href="/company/kuaishou">Kuaishou</a>, has surpassed 12 million monthly active users. The tool generated more than USD 20 million in revenue in December 2025, prompting the company to raise its full-year forecast to USD 140 million.

Douyin E-commerce has denied online claims that it launched a discount shopping app, clarifying that no such product exists. People familiar with the matter said the effort stems from small-scale tests in Douyin’s local group buying business, aimed at convenience rather than cost-saving, and that the final name may differ.

China Telecom has developed mixture-of-experts AI models trained entirely on <a href="/company/huawei">Huawei’s</a> Ascend 910B chips, marking a milestone in China’s domestic large model development. The TeleChat3 models, which scale up to trillions of parameters, were built using Huawei’s MindSpore framework but still lag behind leading US models on key benchmarks.

Chinese smartphone makers are slashing 2026 shipment targets as a global memory shortage squeezes supply chains. <a href="/company/xiaomi">Xiaomi</a> reduced its forecast by up to 70 million units and Transsion by 30–45 million, sources said. The cutbacks follow rising chip prices as Samsung, SK Hynix, and Micron divert capacity to <a href="/industry/ai">AI</a> demand, weighing heavily on the handset sector.

<a href="/company/pop-mart">Pop Mart</a> has partnered with <a href="/company/honor">Honor</a> to launch a Molly-themed smartphone. The collaboration, part of Honor’s 500 series, marks Pop Mart’s move to expand into higher-end consumer electronics and deepen its IP licensing business.

AI Infrastructure

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

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A Bernstein report predicts Nvidia’s market share will fall to 8% in 2026 as Chinese tech continues to make strides.

Moore Threads and peers bring China AI chip independence closer

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Mainland issuers and policy tailwinds helped HKEX eclipse Nasdaq and NYSE for the first time in years.

Hong Kong’s IPO market roars back to life, leading the world in 2025 listings

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Edric Mak

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BYD, a Chinese EV maker, produces electric cars, buses, and batteries, accelerating adoption of sustainable transportation worldwide.

Leapmotor

Xiaomi crafts affordable smartphones, wearables, and IoT devices, appealing to users who seek innovation, quality, and budget-friendly tech.

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

Electric Vehicles

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

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Leapmotor and Xiaomi aim to close in on market leader BYD.

iQiyi doubles global viewership in 2025

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Moore Threads and peers bring China AI chip independence closer

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