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The Latest Breaking News on China tech

Online retailer Temu faces European Union investigation illegal goods

Regulators are examining Temu’s ‘addictive design’ including game-like reward programs

The Independent UK

EU launches action against shopping website Temu over illegal products

Formal investigation opens amid concerns Chinese shopping website is breaching Digital Services Act

The Guardian - UK

ByteDance founder Zhang Yiming tops China's rich list

ByteDance founder Zhang Yiming tops the list of China’s richest people, according to the Hurun Research Institute, although many of them have seen their net worth plunge over the past year

The Independent UK

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China's Second-generation Factory Owners Go Digital To Combat Challenges

Dressed in a pristine white knit top, Robyn Qiu cut an incongruous figure in her parents' dusty, hangar-like metal hardware factory in eastern China as she gestured excitedly while an assistant filmed her on a smartphone.

International Business Times

2 E-Commerce Giants to Buy Before the Holiday Season

E-commerce is a strong investment during the holidays due to rising global demand, personalized shopping trends, and rapid growth, driven by digitalization and mobile shopping. To that end, let’s analyze the investment prospects of e-commerce stocks, Amazon.com (AMZN) and Alibaba Group Holding (BABA). Read on.

StockNews.com

Serial returners send back £6.6bn of online purchases a year in UK, report finds

Industry bodies say over-ordering is eroding profitability as big sellers clamp down on practice

The Guardian - UK

DJI sues Pentagon over 'Chinese military company' designation — seeking to protect its business and reputation

The lawsuit shows DJI taking a proactive stance as it confronts increasing pressure from Congress to ban its drones from operating in the U.S.

Tom’s Hardware

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Chinese Drone Maker DJI Sues Pentagon Over Blacklisting

Chinese drone maker DJI, which dominates the consumer global market, said Saturday it was suing the US Department of Defense, complaining that Washington had "erroneously" included the company on a Chinese military company blacklist.

International Business Times

Arm wants to sell directly to Chinese customers, sidestep Arm China

Arm may rival its own Arm China joint venture and sell directly to customers in China.

Tom’s Hardware

Taiwan says four employees of Apple supplier Foxconn arrested in China

Workers reportedly arrested in Zhengzhou for equivalent of breach of trust.

Al Jazeera

Shanghai Composite Index Fell 6.62% on Wednesday

Shenzhen Component Index closed down 8.15%

Caixin Global

Shein doubles profits in UK after sales leap 40% to £1.5bn

Fast-fashion retailer presents ‘real challenge for Boohoo and Asos’ as it considers £50bn IPO, says analyst

The Guardian - UK

Shein's UK sales and profits double ahead of potential London IPO

Shein is already one of the country’s biggest e-commence players despite having only launched in the UK around a decade ago.

Evening Standard

Shanghai Composite Index Rose 4.59% on Tuesday

Shenzhen Component Index closed up 9.17%

Caixin Global

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news in one place.

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Android Central

The OnePlus 13 display may have just been officially revealed

The OnePlus 13 has been in the news lately as it is rumored to launch earlier than the previous model. This time, its display surfaced.

Caixin Global

Shanghai Composite Index Rose 2.88% on Friday

Shenzhen Component Index closed up 6.71%

Caixin Global

Shanghai Composite Index Rose 3.61% on Thursday

Shenzhen Component Index closed up 4.44%

The Independent UK

Shein faces scrutiny in Italy over possible greenwashing

Italy’s antitrust watchdog is investigating the online fastfashion giant Shein for potentially making misleading claims about its sustainability practices

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news in one place.

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One news app.

Caixin Global

Shanghai Composite Index Rose 1.16% on Wednesday

Shenzhen Component Index closed up 1.21%

Android Central

These budget phones' screen protection and water resistance might outdo most flagships

Xiaomi's Redmi Note 14 Pro series is getting a durability upgrade with Gorilla Glass Victus 2 and IP69 protection.

Caixin Global

Shanghai Composite Index Rose 4.15% on Tuesday

Shenzhen Component Index closed up 4.36%

Tom’s Hardware

China's 3D NAND leader YMTC gradually switching to homegrown chipmaking tools

While China-based YMTC increases share of domestic tools, it still cannot reject equipment made in Europe and the U.S.

Caixin Global

Shanghai Composite Index Rose 0.69% on Thursday

Shenzhen Component Index closed up 1.19%

International Business Times

US Crackdown On Tax-Free Imports Hits Temu, Shein Hard

Shein and Temu downplayed the impact of the crackdown on their business, stating that their growth doesn't depend on the tax-free policy.

International Business Times

US Moves To Curb 'Trade Loophole' Over China Worries

The US government said Friday it will work to curb the "overuse and abuse" of a mechanism allowing lower-value imports to enter the country duty-free, as concerns grow over Chinese shipments.

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