Digital yuan trials will soon include Tencent and Ant Group’s licensed banks. Chinese companies are pivoting to crypto. Geely sets its eyes on blockchain.
Posted inUp and Comers
Huawei focuses on premium users with new foldable Mate X2
The last foldable phone model Huawei made was met with great enthusiasm from Chinese consumers and sold out within seconds despite its steep price tag.
Posted inUp and Comers
Mixed reality startup Nreal readies global expansion
Eight months after a US court rejected Magic Leap’s IP theft lawsuit against Nreal, the mixed reality startup prepares for a US launch.
Posted inHeavy Hitters
Tencent, Ant Group banks to take part in digital yuan trials: report
The fintech giants’ licensed online-only banks will be the first of their kind to take part in China’s digital yuan trials.
Posted inUp and Comers
INSIGHTS | China’s push to bring the elderly online
Large font apps will help, but the biggest accessibility barrier for the elderly is complicated interfaces and offerings.
Posted inHeavy Hitters
Xiaomi reportedly plotting electric car play
The cell phone maker known as ‘the Apple of China’ has backed EV companies Nio and Xpeng. Its entry is expected to shake up China’s car market.
Posted inThe Numbers
China made 6% of chips it used in 2020: report
China, the world’s largest semiconductor market, is highly reliant on foreign technology and aims to make 70% of the chips it uses by 2025.
Posted inHeavy Hitters
China re-commerce faces tug of war between growth and trust
Re-commerce, or secondhand shopping, is growing fast in China. But users are finding scams and counterfeits mixed in with the bargains.
Posted inPosts
Happy ox year!
TechNode’s coverage will resume on our website Thursday, Jan. 18, and our next Filtered newsletter will be published Friday, Jan. 19.
Posted inWith Chinese Characteristics
Delivery drivers brace for low-pay Chinese New Year away from home
Delivery drivers were promised extra cash if they didn’t return to their hometowns during China’s most important holiday. Things are shaping up differently.