Gao Peng 🔥 85
@gaopeng
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.
85 Articles
1 Followers
Gao Peng✍️
🔥 85
A WeChat mini program called "Wallet, Please Wait" has drawn over 300,000 users who ask strangers to vote "approve" or "reject" before they make a purchase, part of a wider trend of young Chinese consumers trying to curb impulse spending.
钱
Business
陌生人帮你决定买不买："钱包请等等"小程序走红
Should You Buy It? A New App Lets Strangers Decide
HSK 4 · 3 min read
Gao Peng✍️
🔥 85
China's Consumers' Association and two other organizations issued a Double 11 shopping advisory on October 26, warning buyers about sellers who raise prices before "discounting" them, confusing presale deposits, and complicated coupon stacking that can hide the real price.
省
Business
双十一消费提示：中消协提醒警惕"先涨价再打折"
Ahead of Double 11, China's Consumer Group Warns of "Raise Then Discount" Price Tricks
HSK 4 · 3 min read
Gao Peng✍️
🔥 85
Pop Mart's October 15 Labubu blind-box release took half an hour to sell out instead of seconds, and resale premiums on hidden figures have shrunk from roughly 25x retail to about 5x -- the latest sign that China's hottest collectible-toy craze is cooling.
Business
新款Labubu不再"秒光"，二手价格也跟着降了
Pop Mart's New Labubu No Longer Sells Out in Seconds — And Resale Prices Are Falling Too
HSK 3 · 3 min read
Gao Peng✍️
🔥 85
Gold jewelry prices at major Chinese chains fell to around 1,200 yuan per gram this week, nearly 100 yuan cheaper than a month ago, driven by a drop in international gold prices tied to oil costs and Fed rate hike expectations. Crowds rushed to Shenzhen's Shuibei gold market over the weekend to buy while prices are down, even as some wonder whether prices have further to fall.
金
Business
金价下跌，深圳水贝很多人排队买黄金
Gold Prices Fall, Crowds Line Up to Buy Gold in Shenzhen
HSK 5 · 4 min read
Gao Peng✍️
🔥 85
China's market regulator is rolling out stricter CCC certification rules for electric bicycles, toys and children's vehicles starting November 1, after inspections found manufacturers swapping key parts and leaving room to tamper with speed limiters. Toy rules now require clear age warnings on packaging.
Business
电动自行车、玩具3C认证新规11月起施行，违规工厂证书被撤销
New Safety Certification Rules for E-Bikes and Toys Take Effect Nov. 1 as China Revokes Certificates From Violators
HSK 5 · 5 min read
Gao Peng✍️
🔥 85
This year's Double 11 shopping festival marks the first time AI itself is sold as merchandise in China: Alibaba's Tmall opened a "Token" top-up zone where shoppers stock up on AI subscriptions the way they would skincare sets, while JD.com embedded AI shopping assistants and a logistics model that have pushed its service-category orders up more than 130% year over year.
Tech
双11头一次：AI大模型论"件"卖，天猫囤Token、京东靠AI冲单
For the First Time, Double 11 Turns AI Into Merchandise — Tmall Sells "Token" Subscriptions as JD's AI Tools Push Orders Up 130%
Native · 5 min read
Gao Peng✍️
🔥 85
TrendForce says global DRAM contract prices will rise roughly 20% quarter-over-quarter in Q4 2026 as AI chip demand keeps squeezing memory supply, on top of a 2026 surge that has already pushed Huawei, Xiaomi and Apple to raise phone prices by hundreds of yuan.
Tech
内存芯片涨价潮未见顶，第四季度DRAM预计再涨两成
Memory Chip Price Surge Shows No Sign of Peaking as Q4 DRAM Costs Set to Rise Another 20%
Native · 5 min read
Gao Peng✍️
🔥 85
China's biggest shopping festival, Double 11, officially opened on Tmall on October 20 with a record 1 million brands and 72 million products, plus discounts as steep as 28 percent off.
Business
双11正式开卖，100万个牌子参加
Double 11 Shopping Festival Opens With a Record 1 Million Brands
HSK 3 · 3 min read
Gao Peng✍️
🔥 85
Wuhan residents spotted the city's transit card in Apple Wallet on October 20, sparking excitement about tap-to-ride subway and bus payments — but officials say it's only an internal test, not an official launch, with no timeline yet for a real rollout.
Tech
武汉公交卡现身苹果钱包，官方：目前只是内部测试
Wuhan's Transit Card Appears in Apple Wallet — Officials Say It's Just an Internal Test
HSK 4 · 4 min read
Gao Peng✍️
🔥 85
Scalpers who rushed to resell Apple's new foldable iPhone Duo for tens of thousands of yuan in markup are now struggling to find buyers at any price, as the premium collapsed from a peak of 58,000 yuan to around 7,000 within a day of launch.
Tech
黄牛囤iPhone Duo，加价六千没人要
Scalpers Stocked Up on the iPhone Duo — Now a 6,000-Yuan Markup Finds No Buyers
HSK 4 · 4 min read
Gao Peng✍️
🔥 85
Red Magic and Honor both announced new gaming-phone prices on October 15 — Red Magic's rose 1,300 yuan from its last model while Honor's rival phone, still unreleased, undercuts it by 1,500 yuan.
Tech
两款新游戏手机公布价格，一款涨价，一款更便宜
Two New Gaming Phones Reveal Prices — One Costs More, One Is Cheaper
HSK 3 · 2 min read
Gao Peng✍️
🔥 85
KFC's U.S. arm is ending its roughly 40-year partnership with Pepsi and switching to Coca-Cola starting January 2027. But when a Chinese reporter called KFC China on October 16, staff said local stores still serve Pepsi and have received no notice of any change.
Business
肯德基美国换可乐，中国门店仍卖百事
KFC Switches Colas in the US — China Still Sells Pepsi
HSK 2 · 2 min read
Gao Peng✍️
🔥 85
China's customs agency said September trade topped 5 trillion yuan for the first time, up 27.5% year on year, while first-three-quarters growth of 18.8% was the fastest for the period in five years, driven by surging exports of robots, chips, and power equipment.
Business
中国外贸9月首破5万亿元，前三季度增速创5年新高
China's Trade Tops 5 Trillion Yuan in a Month for the First Time as Growth Hits a 5-Year High
HSK 5 · 4 min read
Gao Peng✍️
🔥 85
Meituan has begun deploying a new generation of shared power banks that meet China's first mandatory national safety standard for portable batteries, with a bigger cell and faster charging built in. The rollout comes early, ahead of the rule's 2027 deadline, because shared devices are reusable assets that must be swapped out while still in circulation.
Tech
共享充电宝换新国标，美团版本电池更大、充电更快
Shared Power Banks Get a Safety Upgrade — Meituan's New Version Charges Faster
HSK 5 · 4 min read
Gao Peng✍️
🔥 85
China's market regulator has issued a new national standard for shared bikes, taking effect November 1: riders must park correctly, companies must move misparked bikes and fix broken ones, and every bike needs a clear ID number.
Tech
共享单车有新规定了
China's Shared Bikes Get New Parking Rules Starting November 1
HSK 3 · 2 min read
Gao Peng✍️
🔥 85
NDRC and the Ministry of Finance have released the fourth and final batch of 2026 consumer trade-in subsidy funds, completing the year's full 250 billion yuan allocation; the program drove 1.55 trillion yuan in sales and reached 208 million people from January through August, with new 2026 rules narrowing appliance categories and adding smart glasses to eligible digital products.
Business
国补2026年2500亿元资金全部下达，第四批625亿元近日到位
China's 2026 Trade-In Subsidy Fund Fully Disbursed as Final 62.5 Billion Yuan Batch Arrives
Native · 3 min read
Gao Peng✍️
🔥 85
China's domestic airlines raised the fuel surcharge on plane tickets starting October 10, adding 10 to 20 yuan per flight depending on distance. It is the first increase after three straight monthly cuts, as international oil prices climbed.
Business
国内机票「燃油费」涨价，10月10日起多付10到20元
Domestic Plane Tickets Get Pricier as Fuel Surcharge Rises From October 10
HSK 3 · 2 min read
Gao Peng✍️
🔥 85
China's National Day holiday box office totaled 1.165 billion yuan this year, down 36.5% from last year and the lowest in nearly 12 years, as a crowded release slate produced no runaway hit.
Business
国庆档电影票房创12年新低，总收入11.65亿元
National Day Holiday Box Office Hits 12-Year Low at 1.165 Billion Yuan
HSK 4 · 3 min read
Gao Peng✍️
🔥 85
China's Commerce Ministry says robot and smart-glasses sales roughly doubled during the National Day holiday, as a trade-in subsidy program and record foot traffic lifted the broader consumer market while food prices stayed flat.
旺
Business
国庆假期，机器人和智能眼镜卖得特别好
National Day Holiday: Robots and Smart Glasses Fly Off the Shelves
HSK 3 · 3 min read
Gao Peng✍️
🔥 85
During China's National Day and Mid-Autumn holiday, Alipay says "tap to pay" transactions rose nearly 40% year on year, while foreign tourists linking overseas cards or e-wallets spent almost 50% more, with Shanghai, Guangzhou and Beijing the top destinations.
Business
国庆假期，外国游客爱上手机"碰一下"付钱
National Day Holiday: Foreign Tourists Fall for "Tap to Pay"
HSK 3 · 2 min read
Gao Peng✍️
🔥 85
The Chinese phone maker known as "Africa's smartphone king" began taking Hong Kong share orders on October 7, with GIC, a BYD unit, and other cornerstone investors already committing over HK$1.2 billion; nearly 40% of the proceeds are earmarked for AI R&D as margins come under memory-chip cost pressure.
Business
传音控股启动港股招股，拟募资最多33.6亿港元押注AI
Transsion Holdings Opens Hong Kong IPO, Aims to Raise Up to HK$3.36 Billion for an AI Push
HSK 5 · 5 min read
Gao Peng✍️
🔥 85
During China's National Day holiday, Guangzhou relaunched its "Dining in Guangzhou" coupon program, letting diners use Alipay or Cloud QuickPass to get discounts at about 1,000 restaurants, including old Cantonese favorites like Tao Tao Ju, as part of a 20-million-yuan citywide push to boost holiday spending.
Business
国庆假期，广州用手机领"吃饭优惠券"
National Day Holiday: Guangzhou Hands Out Phone-Based Dining Coupons
HSK 3 · 3 min read
Gao Peng✍️
🔥 85
During China's 2026 National Day holiday, many young travelers are skipping pricey hotels and sleeping in their cars or camping in tents instead — a cheaper way to see the country, according to new platform data.
Business
国庆假期，年轻人不住酒店，睡车里省钱
National Day Holiday: Young Travelers Skip Hotels, Sleep in Their Cars to Save Money
HSK 4 · 2 min read
Gao Peng✍️
🔥 85
During China's October holiday, highway EV charging demand hit a record high, leaving drivers waiting hours at service stations as charging points fall short of demand.
Business
国庆假期，高速公路上电车排长队充电
National Day Holiday: Electric Cars Wait Hours in Line to Charge on the Highway
HSK 3 · 2 min read
Gao Peng✍️
🔥 85
Huawei and Seres signed a new five-year partnership on the Wenjie brand, easing investor fears sparked by a September cooperation shake-up; Seres' Hong Kong shares jumped over 10% even as the broader market fell.
Business
华为与赛力斯签新五年协议，问界股价两日涨超10%
Huawei and Seres Sign New Five-Year Deal as Wenjie Stock Jumps Over 10%
Native · 5 min read
Gao Peng✍️
🔥 85
On October 1, the first day of China's 7-day National Day holiday, the Ministry of Transport recorded 334.1 million cross-region trips nationwide, up 52.3% from the day before. Most people traveled by car on toll-free expressways; the ministry forecasts 2.13 billion trips over the full week.
Business
十一假期第一天：全国3.3亿人次出门旅行
Day One of China's National Day Holiday: 334 Million Trips Nationwide
HSK 3 · 2 min read
Gao Peng✍️
🔥 85
On October 1, Chengdu's UnionPay QuickPass app began releasing 30,000 movie-ticket vouchers worth up to half off, part of a wider 40-million-yuan National Day consumer-voucher push across Sichuan.
Business
国庆节第一天，成都发三万张电影优惠券
On Day One of National Day, Chengdu Hands Out 30,000 Movie Discount Vouchers
HSK 3 · 2 min read
Gao Peng✍️
🔥 85
Tesla China rolled out its second price promotion in under a month on September 25, cutting the final payment by up to 7,000 yuan after two straight months of falling retail sales. Some recent buyers are upset the discount isn't retroactive, and it's unclear whether more cuts are coming.
Business
特斯拉中国20天内两次降价，尾款最多立减7000元
Tesla China Cuts Prices Twice in 20 Days as Sales Slide
HSK 4 · 4 min read
Gao Peng✍️
🔥 85
Starbucks, Luckin Coffee, Guming and other major Chinese chains have begun selling breakfast items for well under 14 yuan, sharply undercutting Starbucks' own 2021 prices to draw in customers who might otherwise buy a cheap bun from a street stall. The push, reported by Dushi Kuaibao on September 26 and 27, 2026, reflects growing competition as coffee and tea chains compete over morning customers.
Business
星巴克、瑞幸卖起便宜早饭，要跟包子铺抢生意
Starbucks and Luckin Roll Out Cheap Breakfasts to Compete With Bun Shops
HSK 2 · 2 min read
Gao Peng✍️
🔥 85
A new Chinese national standard took effect September 1 requiring companies to take responsibility for what their AI customer service agents say and to make it easier to reach a human. But since compliance is only "recommended," not mandatory, it's unclear whether the standard will actually fix the problem.
Tech
找真人客服太难？新标准要企业负责
Can't Reach a Human? New Standard Makes Companies Answer for Their AI
HSK 3 · 3 min read
Gao Peng✍️
🔥 85
China Mobile, China Telecom, and China Unicom simultaneously suspended their installment phone-financing programs on September 24, after complaints that "free phone" plans were actually loan contracts hidden inside monthly bills. The move comes just before new rules banning misleading financial marketing take effect on September 30.
Business
三大运营商暂停“零元购机”，手机贷款藏在话费账单里
China's Big Three Carriers Halt "Zero-Yuan Phone" Financing as Hidden Loans Come to Light
HSK 5 · 4 min read
Gao Peng✍️
🔥 85
Two Brandy Melville stores in China removed fitting rooms and stopped cash refunds, leaving customers only exchanges or store credit — while Shanghai and Hong Kong locations keep their fitting rooms as usual.
Business
北京、成都门店取消试衣间，Brandy Melville不再退现金
Brandy Melville Shuts Fitting Rooms in Beijing and Chengdu, Ends Cash Refunds
HSK 4 · 3 min read
Gao Peng✍️
🔥 85
JD.com announced its 2026 "Double Eleven" shopping event will begin October 12, three days later than last year, even as rival Tmall also pushes its sale into mid-October, breaking years of ever-earlier start dates.
Business
京东“双十一”十月十二日开始，比去年晚三天
JD's "Double Eleven" Sale Starts October 12, Three Days Later Than Last Year
HSK 2 · 2 min read
Gao Peng✍️
🔥 85
China's average domestic plane ticket for the Sept. 25-Oct. 7 National Day travel period has climbed to 973.7 yuan, 9% higher than last year, with some routes like Beijing-Urumqi more than doubling in price as the holiday approaches, according to ticketing platform Hangban Guanjia and China.com.
Business
国庆假期机票涨价，一张平均要973元
National Day Airfares Jump — Average Ticket Now Nearly 974 Yuan
HSK 3 · 2 min read
Gao Peng✍️
🔥 85
ByteDance's AI chatbot Doubao surpassed 200 million daily active users, yet the core team behind its chat product is being cut by nearly half, per a Sept 22 LatePost report — a sign that even a hit AI app still hasn't solved how to make money.
豆
Tech
豆包日活破两亿，对话团队却要“瘦身”一半
Doubao Hits 200 Million Daily Users — But Its Chat Team Is Being Cut in Half
HSK 5 · 5 min read
Gao Peng✍️
🔥 85
China's online food delivery got dramatically cheaper in 2025 as platforms waged a subsidy war, but the fight cost Meituan its largest-ever annual loss and squeezed restaurant and courier incomes, prompting regulators to draft new limits on subsidies in June 2026.
Business
外卖变便宜的代价：四成订单不到15元，美团年亏234亿元
The Cost of Cheaper Delivery: 40% of Orders Under 15 Yuan as Meituan Posts a 23.4 Billion Yuan Annual Loss
Native · 4 min read
Gao Peng✍️
🔥 85
Several major Chinese courier companies raised delivery prices in Jiangsu and Anhui starting September 20, adding 0.1-0.15 yuan per package for online sellers -- the latest step in a broader pricing correction after Henan raised prices earlier this month.
Business
快递涨价了，网店老板要多付钱
Delivery Prices Rise in Jiangsu and Anhui — Online Sellers Pay More
HSK 2 · 2 min read
Gao Peng✍️
🔥 85
Starting September 30, Chinese regulators are forcing shopping apps to stop placing "buy now, pay later" credit options next to normal payment methods, after many users said they accidentally borrowed money at checkout without realizing it.
Business
9月30日起，手机付钱页面要把「花钱」和「借钱」分开
Starting September 30, Payment Apps Must Separate "Your Money" From "Borrowed Money"
HSK 4 · 4 min read
Gao Peng✍️
🔥 85
As Mid-Autumn Festival approaches, China's national average wholesale egg price hit 5.6 yuan per jin on September 17, with Hunan the priciest province and Ningxia the cheapest — driven by holiday cooking demand and colder weather cutting into hens' egg output.
Business
中秋节要到了，鸡蛋涨价了
Mid-Autumn Festival Is Near — And Egg Prices Are Rising
HSK 2 · 2 min read
Gao Peng✍️
🔥 85
A video blogger cracked his new iPhone Duo by folding it the wrong way, and a Hangzhou repair shop quoted around 8,000 yuan to fix it. Apple says the official repair price for the iPhone Duo hasn't been published yet and that damage from folding it the wrong way isn't covered for free -- while its non-folding iPhone 18 Pro Max charges just 3,198 yuan for a cracked screen.
Tech
苹果新手机往一个不一样的方向一折，屏坏了，修要八千元
Apple's New Foldable Phone Broke When Bent the Wrong Way -- Repair Quote: 8,000 Yuan
HSK 3 · 2 min read
Gao Peng✍️
🔥 85
In Shenzhen, drones now deliver takeout to tiny curbside pickup points near people's homes, with Meituan's drone orders climbing from 740,000 to 900,000 in six months, rain or shine.
Tech
深圳外卖，无人机来送
Shenzhen's Takeout Now Arrives by Drone
HSK 3 · 2 min read
Gao Peng✍️
🔥 85
Starting September 17, China Railway opens ticket sales for October 1, the first day of the National Day holiday, under its usual 15-day advance-sale rule. With the Mid-Autumn and National Day rushes falling close together this year, railways in eastern China are adding hundreds of extra trains, and popular routes are expected to sell out within minutes once sales open.
Business
明天开始卖国庆节的火车票
National Day Train Tickets Go on Sale Tomorrow
HSK 3 · 2 min read
Gao Peng✍️
🔥 85
Ahead of China's September 25 Mid-Autumn Festival, sales of luxury mooncake gift boxes (over 1,000 yuan) have fallen 76% year-on-year, while budget mooncakes around 100 yuan now dominate shelves.
Business
中秋节要到了，月饼变便宜了
Mid-Autumn Festival Is Coming — And Mooncakes Are Cheaper This Year
HSK 3 · 2 min read
Gao Peng✍️
🔥 85
Apple's iPhone 18 Pro opened for preorder on September 12 at a mainland-China starting price of 9,999 yuan, 1,000 yuan more than last year's model and the third straight year of an exactly 1,000-yuan increase, even as the same phone costs less in the US and more in Turkey.
Tech
iPhone 18 Pro开始预购，起售价涨到9999元
iPhone 18 Pro Preorders Open as Starting Price Climbs to 9,999 Yuan
HSK 4 · 4 min read
Gao Peng✍️
🔥 85
On September 11, China's NDRC raised gasoline and diesel prices by 260 and 250 yuan per ton, a government-capped increase driven by rising international crude prices amid escalating US-Iran tensions — with no word yet on whether the next adjustment will go up or down.
油
Business
国际油价上涨，中国汽油、柴油9月11日起涨价
China Raises Gasoline and Diesel Prices as International Oil Costs Surge
HSK 5 · 4 min read
Gao Peng✍️
🔥 85
China's market regulator fined a Jiangsu company 200,000 yuan for a fake "pay 89 yuan, 100% win a phone" blind-box promotion, one of six blind-box fraud cases it announced this week, including a WeChat seller who vanished with customers' money and a counterfeit-toy ring fined 610,000 yuan.
Business
抽奖说“百分百中手机”是假的，公司被罚20万元
"100% Guaranteed" Phone Draw Was Fake — Company Fined 200,000 Yuan
HSK 4 · 4 min read
Gao Peng✍️
🔥 85
Chinese AI chipmaker Enflame Technology lists on Shanghai's STAR Market on September 11, having raised 6.1 billion yuan — but nearly 84% of its 2025 revenue came from a single customer, Tencent, which is also its largest shareholder.
Business
燧原科技科创板上市，八成营收来自腾讯一家
Chinese AI Chipmaker Enflame Lists on STAR Market — With 84% of Revenue From Tencent Alone
HSK 5 · 4 min read
Gao Peng✍️
🔥 85
China's August CPI rose 0.8% year-on-year on higher energy prices, while factory-gate PPI rose 3.8% -- both accelerating from July -- even as pork prices kept falling and consumer-goods prices stayed in decline.
涨
Business
8月CPI涨0.8%，PPI涨3.8%：能源涨价拉动物价，猪肉仍在跌
August CPI Up 0.8%, PPI Up 3.8%: Energy Prices Drive the Gains, Pork Still Falling
Native · 4 min read
Gao Peng✍️
🔥 85
Shanghai held its first public hearing in 21 years on adjusting metro fares, with most of the 23 participants favoring a plan that keeps the 3-yuan base fare unchanged; officials say a final decision and timeline are still pending.
涨
Business
上海地铁21年来首次调价，听证会上多数人选“起步价不变”
Shanghai Metro's First Fare Change in 21 Years: Hearing Panel Favors Keeping the Base Fare
HSK 4 · 2 min read
Gao Peng✍️
🔥 85
On September 7, Huawei unveiled two new color options for its outdoor smartwatch line — including its first-ever collaboration with sportswear brand Descente — but has not yet announced pricing or an on-sale date for either new version.
Tech
华为手表出两个新颜色，贵的一款卖7999元
Huawei's Smartwatch Gets Two New Colors — The Pricier One Costs 7,999 Yuan
HSK 4 · 4 min read
Gao Peng✍️
🔥 85
Chinese milk tea chains such as Chabaidao, Hu Shang Ayi, and Mixue Bingcheng are selling ultra-cheap coffee, some cups as low as 1.9 yuan, as more than 20,000 stores nationwide join the trend, according to Jiemian News.
Business
奶茶店卖起了便宜咖啡，最低一块九一杯
Milk Tea Shops Start Selling Cheap Coffee — As Low As 1.9 Yuan a Cup
HSK 2 · 2 min read
Gao Peng✍️
🔥 85
Meituan's food-delivery and instant-retail business swung to a second-quarter profit as China's brutal subsidy war with Alibaba and JD cooled, but the company still posted a first-half net loss of 4.67 billion yuan. New draft rules from China's market regulator aim to curb runaway subsidies, though enforcement details remain unclear.
Business
外卖大战降温，美团二季度扭亏为盈，上半年仍亏46.72亿元
Meituan Returns to Profit in Q2 as Delivery Price War Cools, But Still Posts a 4.67 Billion Yuan Loss for H1
Native · 4 min read
Gao Peng✍️
🔥 85
As China's new school term begins, phone watches — wristbands that let kids call parents and share their location — are one of the season's hot purchases: sales already topped 52.5 billion yuan in the first eleven months of 2025. One brand, Imoo, still dominates the market, but a new national standard could reshape the competition starting in 2027.
Business
开学季，孩子的手腕上多了一块电话手表
Back-to-School Season: A New "Phone Watch" on Kids' Wrists
HSK 3 · 4 min read
Gao Peng✍️
🔥 85
Apple has confirmed a September 9 event to unveil its first foldable iPhone, expected to cost over 20,000 yuan at the top end, alongside two new iPhone 18 Pro models.
折
Tech
苹果第一部折叠手机要来了，最贵两万多块钱
Apple's First Foldable iPhone Is Coming — Top Model Could Cost Over 20,000 Yuan
HSK 2 · 2 min read
Gao Peng✍️
🔥 85
Starting September 1, Beijing restaurants must follow the city's first green-packaging standard for delivery food — buns go in bags instead of boxes, rice dishes get lids without plastic seals — as regulators and researchers push to cut waste from the country's booming takeout industry.
Business
北京外卖今天换新包装
Beijing's Takeout Food Gets New "Green" Packaging Today
HSK 4 · 3 min read
Gao Peng✍️
🔥 85
Renting a shared power bank in China has gone from 0.5 yuan an hour in 2017 to as much as 10 yuan today, yet Energy Monster -- one of the biggest companies in the business -- just delisted from the Nasdaq at a fraction of its IPO value, showing that higher prices haven't solved the industry's profit problem.
Business
共享充电宝越涨价，最大的公司之一却从美股退市了
Shared Power Banks Keep Getting Pricier — Yet One of the Biggest Players Just Delisted From the US Market
HSK 4 · 3 min read
Gao Peng✍️
🔥 85
Rising memory-chip prices have pushed up the cost of the smartphone-laptop-tablet "three-piece set" Chinese college freshmen buy for the new semester, with some families' budgets nearing 20,000 yuan and price relief not expected for over a year.
Business
开学“三件套”更贵了，一个家庭要多花两万元
Back-to-School "Three-Piece Set" Gets Pricier — One Family Spends 20,000 Yuan More
HSK 5 · 4 min read
Gao Peng✍️
🔥 85
Chinese chipmaker CXMT says it has become the first company in the world to mass-produce next-generation LPDDR6 memory chips, ahead of Samsung and SK Hynix, and the chips will debut in Xiaomi's unreleased 18 Fold phone.
Tech
长鑫科技新内存芯片量产，小米新机将全球首发搭载
CXMT Mass-Produces New Memory Chip — Xiaomi's New Phone Will Be First to Use It
HSK 5 · 4 min read
Gao Peng✍️
🔥 85
China just extended the maximum home-mortgage term from 30 to 40 years, a change that could cut a typical monthly payment by over 600 yuan. Total interest paid rises, and banks have not yet published rollout details.
贷
Business
房贷最长可以贷四十年了，月供能少还多少？
China Extends Mortgage Terms to 40 Years — How Much Will Monthly Payments Drop?
Native · 4 min read
Gao Peng✍️
🔥 85
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.
Business
现在，奶茶也能在超市买瓶装的了
Now You Can Buy Milk Tea in a Bottle at the Supermarket
HSK 3 · 3 min read
