ChinaBiz Briefing | DeepSeek's $69B Round, Leapmotor's 100K Milestone, and the Cost-Curve Economy
China's technology and mobility sectors delivered a unified message on August 5: scale and cost discipline now define competitive advantage more decisively than brand narrative or first-mover positioning. From DeepSeek relaunching a mega-round at a $69 billion valuation to Leapmotor rewriting the EV startup hierarchy, and