Business Brief (Aug. 4): China Cracks Down on Auto Industry’s Cutthroat Competition

WeChat trials voice-controlled AI assistant, CATL prepares to deliver its first batch of sodium batteries in September

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PCs and smartphones get pricier on AI memory demand and raw material costs

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Chinese mainland residents pay about 13 billion yuan in back taxes on overseas income, optical module giant Eoptolink eyes Hong…

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As car sales plummet, Beijing turns its focus from purchase incentives to lowering the cost of driving and repairing vehicles

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Figures from various government bodies encouraged firms to cut back on the ‘irrational competition’ that has hit the auto…

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The release of 2025 annual reports reveals a sector plagued by overcapacity and historic low profit margins, accelerating a…

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