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Chinese automaker BYD has reported a significant decline in its electric vehicle sales for the eighth consecutive month, while competitor Leapmotor achieved record delivery numbers. This downturn comes amid intensifying competition in the domestic market.
Innovent Biologics has announced its first-ever profits, showcasing the success of its strategies in the obesity drug market. This comes as the company faces increasing competition from generic weight loss medications in China.
From March 3 to 5, 2026, ITB Berlin celebrates its 60th anniversary, gathering over 5,600 exhibitors from 166 countries. The Chinese market is a key driver of global tourism growth, with a significant increase in outbound Chinese tourists expected.
Chinese electric vehicle giant BYD has announced a decline in its annual profits for the first time in four years, reporting a net profit of <strong>32.6 billion yuan</strong> (approximately <strong>4.72 billion dollars</strong>) in 2025, down <strong>18.97%</strong> from the previous year. This decline comes amid increasing competition in the local market.