iPhone Duo Enters China’s Foldable Market

Apple’s first folding phone, the iPhone Duo, faces a tepid response in China due to its high price and stiff competition from domestic rivals like Huawei and Xiaomi, according to market data and consumer reactions reported by CNBC. Priced at 15,999 yuan (approximately $2,230 USD), the new device is entering a mature foldable market where … Read more

5 Key Takeaways From Latest Auto Sales Data

China’s passenger car market is undergoing a fundamental shift toward electric-powered vehicles, with new energy vehicles (comprising battery and hybrid-powered cars) making up 65.1% of new passenger vehicle purchases this July—a rise from 54% during the same month last year, based on figures from the China Passenger Car Association released Tuesday. Industry data from Autohome … Read more