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China Reveals New 'Xuanlong' Combat Drone in Air Force Video

China has offered the first public glimpse of a new stealth-like combat drone, designated Xuanlong, shown flying in formation with advanced manned fighter jets. The unmanned aerial vehicle (UAV) was featured in a promotional short film released by the People's Liberation Army Air Force (PLAAF) on November

D-Robotics Enters Consumer Drone Market with AI Chip in New Antigravity A1

D-Robotics is entering the consumer drone market by supplying the core processing unit for the new Antigravity A1, a panoramic drone launched by a team backed by Shenzhen Arashi Vision, widely known as Insta360. The move marks D-Robotics' first commercial application in consumer drones and a significant

Volkswagen Races Against Clock to Make China EV Transition Profitable

Volkswagen Group is intensifying its financial scrutiny in China as it prepares to enter full-scale electric vehicle deliveries in 2025, with management holding weekly cost optimization meetings to determine whether its 50 billion yuan transformation investment can deliver expected returns amid a brutal market environment. The German automaker has

Gree Electric's Struggles Deepen as China's Home Appliance Giants Diverge

Performance gaps among China's three leading home appliance manufacturers have widened sharply, with Gree Electric Appliances posting a revenue decline while rivals Midea and Haier Smart Home continue to expand, according to third-quarter 2025 results. The divergence highlights mounting challenges for Gree's air-conditioner-dependent

Sequoia and Hillhouse Co-Lead $42 Million Bet on Robotics Startup

Two of China's top venture capital firms have jointly backed an emerging embodied intelligence robotics company. Unbounded Robotics, established just months ago, has closed a RMB 300 million ($42 million) angel round co-led by Sequoia Capital China and Linear Capital, with participation from Hillhouse Venture Capital, Horizon

China's Drugmakers Stampede to Hong Kong in Fraught IPO Boom

Chinese biotechnology firms are stampeding to go public in Hong Kong in a record-breaking frenzy, racing to secure a financial lifeline before a perceived window of opportunity slams shut. This rush for capital highlights a critical juncture for China's innovative drug sector, caught between the allure of

Baidu Launches AI Smart Glasses at $304 Amid Intensifying Competition

Baidu has officially launched its Xiaodu AI Glasses Pro on November 10, marking the Chinese tech giant's entry into the burgeoning AI eyewear market. The device is priced at RMB 2,299 yuan, with a special promotional price of RMB 2,199 yuan during the Singles' Day

China's AI Earbuds Market Races Toward Commoditization as Budget Models Capture 60% Share

China's AI earbuds market has undergone a dramatic transformation in just three years, with products priced under 500 yuan now dominating sales as manufacturers compete to convert experimental technology into mass-market accessories. The rapid shift from premium concept devices to budget-friendly consumer electronics highlights both the

AgiBot Completes Corporate Restructuring, Signaling Imminent IPO Push

Leading Chinese humanoid robotics firm AgiBot has completed its corporate restructuring from a limited liability company to a joint-stock company, a move typically preceding a public listing, according to company filings. The restructuring positions AgiBot as the latest domestic robotics firm accelerating toward capital markets amid intensifying competition in

Goldman Warnes of “Optimistic” Humanoid-Robot Capacity Build-Out as Supply Chain Awaits Actual Orders

Goldman Sachs’ latest supply-chain tour reveals an industry racing to scale production capacity for humanoid robots before any meaningful orders materialize—a development that underscores both bullish long-term sentiment and near-term uncertainty about when commercialization will truly arrive.Following meetings with nine Chinese suppliers between 3 and