7 mins read

From ‘Water Carrier’ to ‘Game Changer’: The Survival Strategy of Nongfu Spring in the Billion-Dollar Water War

In 2024, the Chinese beverage industry witnessed another round of intense competition. Nongfu Spring, a leading player in the market, delivered an impressive annual revenue of 32 billion yuan, marking a year-on-year increase of 18%. This achievement allowed the company to maintain its dominant position in the packaged water market with a 27% market share. […]

4 mins read

The Chinese Government’s Position on Opposing the United States’ Abusive Imposition of Tariffs

Translation of the Chinese Government Statement (April 5, 2025) ​The Chinese Government’s Position on Opposing the United States’ Abusive Imposition of Tariffs​(Released on April 5, 2025) Recently, the United States has announced the abusive imposition of tariffs on all trading partners, including China, under various pretexts. These actions severely violate the legitimate rights and interests […]

4 mins read

DeepSeek-V3 Defeats R1 to Claim Open-Source Supremacy; Hangzhou Dark Horse Shakes Silicon Valley’s AI Dominance, Erasing the $1 Trillion Market Cap Myth

DeepSeek-V3 Tops the Open-Source Model Rankings; OpenAI Plans to Open-Source in Response.DeepSeek is on a roll again! Last week’s release of DeepSeek-V3-0324 surpassed its predecessor, DeepSeek-R1, on the LMSYS Chatbot Arena rankings, claiming the throne as the open-source AI champion. The ripple effects of DeepSeek’s Lunar New Year breakthroughs continue to spread! According to AI […]

4 mins read

Pang Donglai Publicly Criticizes Yonghui: Why Doesn’t a Store Earning 2 Million Monthly Profits Raise Salaries?

Pang Donglai Questions Yonghui’s Profit Without Salary Hikes, Exposing Capital-Labor Conflicts in RetailAt the 2025 China Supermarket Week, Pang Donglai, founder of the Chinese retail chain Pang Donglai, publicly interrupted a speech by a Yonghui executive overseeing store adjustments. He demanded answers about the Zhengzhou Xinwan store: “Why haven’t salaries been raised when the store […]

5 mins read

Change of Leadership at ONVO: Is NIO Closer to Achieving Q4 Profitability?

Leadership Shakeup at ONVO Ai Tiecheng ultimately paid the price for the ambitious targets he once set. He transitioned from President of ONVO to “former President,” with Shen Fei, NIO’s former energy business head, now taking the helm as ONVO Auto’s President. For Ai Tiecheng, leaving ONVO was undoubtedly a difficult decision. Just two weeks […]

2 mins read

Tencent’s €1.16B Ubisoft Rescue: The “Rainbow Cloud Hero” Returns

Behind the $9 billion RMB investment in Ubisoft lies Tencent’s grand strategy for global expansion. “My destined lover is a peerless hero who will come marry me riding rainbow clouds.”— A Chinese Odyssey (1995) In today’s gaming industry, this cinematic prophecy finds new meaning as Tencent – the “rainbow cloud hero” who saved Ubisoft from […]