I explain the phone stuff my mum asks me about. Apps, payments, gadgets, how China actually works day to day. No jargon, promise. I own way too many chargers.
Chinese milk tea and coffee chains — Molly Tea, Heytea, Luckin, Nayuki — are rushing into supermarkets and convenience stores with bottled versions of their drinks, some cheaper and higher-margin than store-made cups, though not every brand's bottled line is selling well.
Chinese beverage giant Nongfu Spring reported first-half 2026 revenue of 29.718 billion yuan and net profit of 8.887 billion yuan, both up more than 16% year-on-year, driven by its once-mocked sugar-free tea brand Dongfang Shuye, whose sales now outpace rival Master Kong's entire tea line -- though the water-versus-tea profit split remains undisclosed.
China's tech ministry says more than 98% of phones sold domestically in the first half of 2026 use the homegrown BeiDou satellite system to find your location, alongside surging BeiDou use in shared bikes, wearables and cars — though state media didn't say how BeiDou's accuracy compares with GPS.
Gold has climbed to nearly 1,000 yuan a gram, and at Shenzhen's Shuibei market — China's biggest gold trading hub — more customers are showing up to buy gold bars, silver, and jewelry before prices climb even higher.
Pop Mart's first-half 2026 revenue rose 23.8% to 17.17 billion yuan, but net profit missed market expectations by roughly a quarter as overseas sales fell and a currency loss weighed on results, sending its stock down sharply.
Backed by a 15%-off trade-in subsidy, Chinese consumers spent over 1 trillion yuan on new phones in 2025, official data show. The program is running again this year, funded in quarterly batches — but whether the money lasts until December is still unclear.
Chinese company Dreame (追觅) delivered its first-ever phone on August 13: a gold, gem-studded unit priced above 200,000 yuan. The founder says cheaper models are coming by year-end, but whether the brand can win real buyers is still unclear.
Meituan, Didi Qingju and Hellobike have raised shared-bike prices in Beijing and other Chinese cities, pushing an hour's ride from 1.5 yuan to nearly 2 yuan; the platforms cite rising operating costs, while some riders say it now costs more than the bus.
At Shanghai's Pet Fair Asia this week, a Hangzhou company unveiled an AI device that claims to translate cat and dog sounds into simple human phrases for 799 yuan — but its accuracy claims have drawn skepticism online, and the maker admits the product can't yet be tried before purchase.
A global memory-chip shortage is driving smartphone prices up across brands just as Chinese families shop for back-to-school devices, though a national trade-in subsidy is offsetting part of the increase.
A Long March 12 rocket lifted off from Hainan on August 16, carrying a new batch of satellites -- part of a plan to put nearly 13,000 into orbit by 2035.
While US senators demand Apple promise never to buy Chinese memory chips, Apple is quietly testing exactly those chips for iPhones and Macs sold in China.
China's homegrown C919 launched its first regular international route on 12 August, flying Air China's CA723 from Beijing to Ulaanbaatar — the aircraft's first commercial flight outside Chinese borders.
Nvidia and six major financial firms will mobilize over $500 billion for AI infrastructure — and investors are already asking whether the money is just moving in a circle.
The company whose dancing robots stole the 2025 Spring Festival Gala just listed on the Shanghai exchange, priced at nearly six times its industry's average valuation.
July's price data was flat almost everywhere except one aisle: computers and tablets, where AI-driven demand pushed prices up faster than anything else in the basket.
In 1954 a machine translated sixty Russian sentences and the problem was declared three years from solved. Seventy years on, what the machine still cannot do has a shape.
Deposits twenty times a month at an interest rate below one percent. Household consumption is stuck near forty percent of GDP, and economists are watching.
Domestic films took the top seven places of the year. And for a learner there is a detail worth knowing: in China, the Chinese films have Chinese subtitles.