China has inaugurated the Ultimate Robot Knockout Legend (URKL 2026), a mixed martial arts tournament that will last throughout this year. The ultimate victor will win a gold championship belt worth ¥10 million, or about $1.44 million.
Tag: China
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THE LUXURY INDUSTRY’S KEY MARKET RETURNS, SORT OF
Chinese customers are once again shopping in the country’s luxury boutiques, but they are fewer in number and spending less, The Wall Street Journal discovered.
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ECONOMIC UPDATE – MARKET OVERVIEW
As we have long forecast, the 20th Century was the century of the United States but the 21st Century will be the Chinese century.
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CHINA DRAFTS FIVE-YEAR PLAN TO RESTART CONSUMER ECONOMY
China’s senior state planners are creating a five-year plan to energize domestic consumption and address the imbalance between “strong supply and weak demand,” according to a 20 January press briefing by officials of the country’s National Development and Reform Commission.
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COMING THIS YEAR? A CHINESE EV WITH A 900-MILE RANGE
Solid state batteries for electric vehicles (EVs) have been in development for years. Now they’re about to hit the road, according to Chery, a major Chinese automaker.
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EUROPE’S CAR PARTS MAKERS HAVE DUMPED 100,000 WORKERS IN TWO YEARS
Bosch and other European car parts manufacturers have announced layoffs of more than 100,000 workers over the past 24 months as demand for the continent’s cars has slumped and China has taken a growing share of their market.
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CHINA INVESTS IN FOREIGN PARTNERS AS U.S. INFLUENCE WOBBLES
In 2025, China nearly doubled its investment in its long-running Belt and Road Initiative (BRI) that funds infrastructure projects in developing nations. The program’s annual budget shot from $122.6 billion in 2024 to $213.5 billion last year.
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CHINA IS WINNING THE GLOBAL AI RACE, MICROSOFT SAYS
Through the creation of low-priced open-source models subsidized lavishly by Beijing,
China is spreading its AI presence and technologies to more users faster than Western developers are, Microsoft president Brad Smith said in a Financial Times interview.
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CHINA REQUIRES 50-PERCENT DOMESTIC CONTENT IN AI HARDWARE
From now on, Chinese AI developers adding chips, data centers, or other related hardware must source at least half of those products from Chinese providers, according to a new rule from Beijing.
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CHINA’S EV EXPORTS WILL RISE BY 50 PERCENT THIS YEAR, ANALYSTS SAY
China will export 3.7 million electric vehicles this year, a better than 50-percent gain over 2025’s total, UBS analysts are forecasting. BYD, the country’s leading privately owned electric vehicle (EV) maker, will be the chief beneficiary, according to the China Passenger Car Association (CPCA).