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Articles by Shen Xiaoge
After a flood of AI-generated dramas, China's short-video apps want more rea...
by SHEN Xiaoge China's booming short-drama industry has a new villain: AI-generated costume dramas made with stolen faces, awkward fake actors and plots so chaotic that even the platforms hosting them are starting to push back.
Alibaba's Qwen to unveil AI glasses, expand into wearables
by SHEN Xiaoge, CHEN Lu Alibaba Group Holding Ltd. will launch its first AI-powered smart glasses under the Qwen brand at the 2026 Mobile World Congress (MWC) in Barcelona on Feb. 27, as Chinese and U.S. technology firms race to secure ground in AI hardware. Pre-orders will open on March 2 across online and offline channels, according to information obtained by Jiemian News.
LABUBU sales pass 100 million mark, lifting Pop Mart shares
by SHEN Xiaoge Shares of Pop Mart International Group Limited rose for a second straight session after the company disclosed strong sales for its flagship LABUBU character. On Feb. 10, shares of Pop Mart rose 4.9% to close at HK$269.8, after touching an intraday high of HK$270. The company's market capitalization stood at about HK$361.9 billion. Pop Mart said on Feb.
China's auto exports stay No.1 globally as Mexico replaces Russia as top market
by SHEN Xiaoge China shipped a record 8.32 million vehicles in 2025, extending its position as the world's largest auto exporter for a third consecutive year, with Mexico replacing Russia as the top destination, industry data showed. Exports to Mexico rose to 625,200 units, up 180,500 from a year earlier, according to figures disclosed on Jan. 27 by CUI Dongshu, secretary-general of the China Passenger Car Association. Russia ranked second with 582,700 units.
Unitree says 2025 humanoid robot shipments topped 5,500, beating forecasts
by SHEN Xiaoge Chinese robotics firm Unitree Robotics has disclosed its 2025 humanoid robot shipment figures for the first time, following widespread online speculation about its sales volumes. In a statement late on January 22, Unitree said it delivered more than 5,500 humanoid robots in 2025, counting only units sold and shipped to end customers and excluding orders not yet delivered. Total humanoid robot production exceeded 6,500 units during the year.
China Tourism Group Duty Free to buy DFS Greater China assets for up to $395 mln, expand cooperation with LVMH
by SHEN Xiaoge China Tourism Group Duty Free Co., Ltd. (CTG Duty-Free) said on Jan. 19 it will acquire DFS Group's Greater China travel retail business for up to $395 million in cash, expanding its presence in Hong Kong and Macau and strengthening ties with luxury giant LVMH.
Hurun names China's top 50 AI firms, Cambricon leads with 630 billion yuan valuation
by SHEN Xiaoge On January 19, the Hurun Research Institute released the 2025 Hurun China Top 50 Artificial Intelligence Enterprises, ranking Chinese companies whose core businesses focus on AI computing power or algorithms. AI chipmaker Cambricon Technologies topped the list with a valuation of 630 billion yuan, up 165% from a year earlier. Moore Threads ranked second with a valuation of 310 billion yuan, followed by MetaX in third place at 250 billion yuan.
China opens antitrust probe into Ctrip, shares slide
by SHEN Xiaoge China's market regulator has opened an antitrust investigation into Ctrip Group, the country's largest online travel platform, over suspected abuse of market dominance. On Jan 14, the State Administration for Market Regulation said it had formally launched the probe under China's Anti-Monopoly Law following earlier reviews. Such investigations typically involve months-long regulatory scrutiny and do not imply a final ruling.
Jiangxi Copper launches £867 million bid for SolGold amid tightening copper supply
by SHEN Xiaoge China's Jiangxi Copper said on Dec 24 it has launched a £867 million cash offer for London-listed SolGold, seeking to secure long-life copper resources as the global copper market tightens. The offer, made by wholly owned unit Jiangxi Copper Hong Kong Investment, values SolGold at 28 pence per share in cash for all issued and to-be-issued shares not already held by the bidder. The bid was launched on Dec 24 (London time).
Avatar 3 falters in China as long runtime and high prices weigh on demand
by SHEN Xiaoge Avatar 3 opened more weakly than expected in China, as audiences in the world's second-largest film market grow more price-sensitive and selective. The film has taken in more than 400 million yuan (about US$57 million) in China after three days in theaters, according to Maoyan, a Chinese box office tracking platform. While the release coincided with a weekend, opening momentum lagged that of earlier installments.
China Eastern to launch world's longest route: Shanghai–Buenos Aires-Jiemian Global
by SHEN Xiaoge China Eastern Airlines will launch the world's longest commercial route on December 4, connecting Shanghai and Buenos Aires with a stop in Auckland. Operated by a Boeing 777-300ER, flight MU745 will cover about 20,000 kilometers with a total flight time of 25 hours 55 minutes, not including a 2-hour 25-minute layover in Auckland. The carrier's booking platform shows economy fares start at 12,232 yuan (about US$1,770) and business class at 45,822 yuan (about US$6,450).
McDonald's milkshakes return in China, stirring nostalgia and scalper frenzy
by SHEN Xiaoge McDonald's has revived its long-lost milkshakes in China, sending fans into long lines, fueling resale markups and tapping nostalgia for a drink missing for more than a decade. The shakes, in strawberry and vanilla, went on sale August 13 at 13 flagship McDonaldland outlets in cities including Beijing, Shanghai and Shenzhen. Priced at 15 yuan (US$2), they quickly sold out as supplies were limited and not offered online. Some customers queued for hours only to find the drinks gone.
Bangkok flagship fuels Pop Mart–Miniso look-alike talk-Jiemian Global
by SHEN Xiaoge On August 11, Chinese toy retailer Pop Mart found itself trending on social media after some users said its newly opened flagship in Bangkok bore a striking resemblance to lifestyle chain Miniso's store design. The 760 sq m, two-storey outlet at ICONSIAM shopping centre — billed as Pop Mart's largest flagship worldwide — features a "MEGA" zone anchored by giant Molly and The Monsters figurines, an interactive "Pop Bean" area, and the brand's first overseas café.
Tesla reveals long-wheelbase Model Y L with six-seat layout, fall launch in China
by SHEN Xiaoge Tesla revealed on Wednsday night that a long-wheelbase version of its Model Y, dubbed the Model Y L, will launch this autumn in China.
Starbucks cuts prices, expands non-coffee lineup in China
by SHEN Xiaoge Starbucks China is expanding its non-coffee portfolio and cutting prices as it looks to capture a bigger share of the afternoon tea market. From June 10, the coffee chain will roll out lower prices across three non-coffee categories — Frappuccino, Iced Shaken Tea, and Tea Latte — with dozens of drinks set to be discounted. For a grande-sized drink, prices will drop by an average of 5 yuan, with some starting at 23 yuan.
Xiaomi SU7 crash sparks fire, kills three; company discloses details and pledges full cooperation
by Shen Xiaoge A Xiaomi SU7 electric vehicle was involved in a fatal accident on the Deshang Expressway in eastern China’s Anhui province on the night of March 29, leaving three female university students dead, according to China News Weekly. Authorities in Tongling city said a special investigation team has been set up, and the case remains under investigation. Xiaomi issued a statement on Tuesday detailing the incident, which involved its recently launched SU7 Standard model.
Thinner seats, thicker losses: can cost cuts lift China Southern out of trouble?
by Shen Xiaoge China Southern Airlines has begun rolling out ultra-thin seats on select flights, sparking mixed reactions from passengers. While some say the new seats feel noticeably harder, others report little difference. The change, introduced in early March, is part of a broader cabin reconfiguration aimed at improving efficiency. The airline says the slimmer seats reduce weight by around two kilograms per unit, helping to lower fuel consumption and operating costs.
China's first Legoland enters final construction phase, set for summer 2025 opening
by Shen Xiaoge China’s first Legoland resort has entered its final phase of construction, with 80% of its rides installed and several key attractions undergoing testing, the park operator announced on March 13. Set to open in summer 2025, Legoland Shanghai Resort will be China’s first and the world’s 11th Legoland theme park.
Neolix to deliver 10,000 self-driving vehicles after new funding boost
by Shen Xiaoge Chinese autonomous delivery vehicle maker Neolix has secured 1 billion yuan (US$140 million) in its latest C+ funding round, backed by major logistics firms and financial investors including CICC Capital. The new funding follows a 600 million yuan Series C round last year, which brought in key investors and nearly 10,000 vehicle orders. Founded in 2018, Neolix has expanded its L4 autonomous fleet.
McDonald's eyes 1,000 more stores in China, strengthening its foothold
by Shen Xiaoge McDonald's plans to accelerate its expansion in China, with 1,000 new stores set to open in 2025, reinforcing its position in one of its fastest-growing markets. The announcement comes despite a slight decline in its 2024 full-year net profit. The company’s latest earnings report showed a 3% drop in annual net profit to $8.22 billion, while total revenue grew 2% to $25.92 billion.
Nezha 2 smashes box office records, sparks merchandising frenzy
by Shen Xiaoge Nezha: Rebirth of the Demon Child has solidified its place in Chinese cinema history, surpassing 5.036 billion yuan at the box office as of February 5. The Spring Festival blockbuster has overtaken its predecessor, Nezha: Birth of the Demon Child, to become the fourth highest-grossing film of all time in China. The film’s runaway success has translated into a surge in demand for related merchandise.
174.5B parcels in 2024, China's express delivery industry hits new record
by Shen Xiaoge China’s express delivery industry saw remarkable growth in 2024, with parcel volumes surging to a record 174.5 billion and revenues climbing to 1.4 trillion yuan. Zhao Chongjiu, Director of the State Post Bureau, announced these figures at the 2025 National Postal Work Conference, highlighting year-on-year growth of 21% in parcel volume and 13% in revenue. This surge reflects the rapid expansion of the e-commerce market and rising consumer demand for efficient logistics services.
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