A Nio’s battery swap station in Haikou, capital of southern island province of Hainan (Image credit: Nio)

Hainan bets on swappable battery business model to boost EV sales

Swappable batteries lower upfront EV costs for consumers.

Tencent, Alibaba refuse to disclose user data to state-backed credit company

The government's effort to expand the coverage of its credit scoring system has been difficult.

Lukewarm 5G smartphone sales in China prior to network rollout

Chinese consumers are still skeptical about pricey 5G handsets.

China’s Zoom users switch to local version after blockage

Zoom has been added to a lengthy list of US internet firms that are blocked in China.

Chinese wifi routers expose private networks to hackers

IoT device manufacturers have cut costs at the expense of user security and privacy.

Amid Hong Kong unrest, Shanghai Henlius Biotech raises $410 million in IPO

The share price offered were at the bottom of the marketed range.

Self-driving startup TuSimple raises $120 million in extended Series D

The new funds will be used to expand its long-haul service and develop a commercial self-driving truck.

Philippine president defends China Telecom role in military deal

The deal will allow China Telecom along with a local telecom provider to operate towers on military bases.

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