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CBI

Nio Turns a Profit by Squeezing Costs—From Paper Packs to Charging Piles and 120,000 SKUs

Nio has posted its first profit since it began selling cars eight years ago, after a sweeping campaign to cut costs, simplify its product lineup and force every team to account for spending. The electric-vehicle maker reported a Non-GAAP operating profit of RMB 1.251 billion (US$175

Chinese AI Apps Gain Global Traction as GenAI Market Shifts to Action and Regionalization

Chinese generative AI applications have emerged as major players in the global market, with DeepSeek ranking fourth in a top 100 GenAI consumer apps list, marking a collective rise of China's AI tools in the global application layer as competition shifts from basic chat functions to actionable AI

Chinese Researchers Develop Centaur-Style Wearable Robot, Promising New Solutions for Heavy-Load Operations

A research team from the Southern University of Science and Technology has developed an innovative wearable centaur robot designed to assist with load-carriage walking, presenting a significant technological shift in the wearable robotics sector. The newly developed system functions as an independent mechanical structure connected to the user'

Dreame's Chip Gamble: Can a Robotic Vacuum Maker Conquer Semiconductors?

Dreame Technology, a Chinese smart cleaning appliance maker, has made a bold foray into chip design with the launch of its semiconductor brand "NXMIND", challenging industry norms and reigniting debates about the viability of hardware firms venturing into high-stakes semiconductor development. On March 11 at the AWE

Huawei Launches Xiaoyi Claw Beta, Bringing OpenClaw AI Agent Framework to HarmonyOS Ecosystem

Huawei Technologies has officially unveiled Xiaoyi Claw, a HarmonyOS-native AI agent built on the OpenClaw open-source framework, marking a significant step in the company's push to embed agentic AI capabilities directly into its proprietary operating system. He Gang, CEO of Huawei's Terminal BG, announced

China’s "Lobster Craze": How OpenClaw Turned AI Agents Into a National Obsession

China’s adoption of open-source AI agent software OpenClaw has sparked a nationwide "lobster-raising" craze, driving a historic rally in domestic AI stocks and drawing global attention. Chinese AI startups have seen explosive gains: MiniMax soared 740% post-2026 IPO, while ZhiPu AI jumped 560%, per

ChinaBiz Briefing: XPeng’s Physical AI Drive, OPPO’s Price Hike, NIO’s Profitable Milestone

China’s tech and automotive sectors balance aggressive next-gen hardware innovation with cost discipline amid global component inflation.Industry leaders align with national "intelligent economy" goals, doubling down on high-margin strategies and global scalability, while consumer electronics firms grapple with unprecedented memory cost surges—underscoring China’

China Has a Chance to Lead in the “Physical AI” Era, XPeng CEO He Xiaopeng Says

Chinese Entrepreneur Magazine published an interview on March 11, 2026, featuring He Xiaopeng, chairman and chief executive officer of XPeng and a deputy to China’s National People’s Congress. The interview was conducted during China’s annual “Two Sessions,” when policymakers and industry leaders outline priorities for technology, regulation

Storage Shock Forces China’s Smartphone Makers to Break a Taboo on Price Rises

OPPO has become the first major handset brand to publicly announce price increases on already-selling smartphones, underscoring how a sharp surge in memory costs is now pushing even mass-market models beyond what vendors can absorb. In a statement released at midday on March 10, OPPO said it will

NIO’s First Profit Is a Milestone—But the Strategy Behind It Matters More

NIO has posted its first quarter with both operating profit and net profit in the black, marking a turning point that investors have long demanded—but one that now raises a sharper question: can the company repeat profitability while stepping up its 2026 product and technology spending. In the fourth