South Korean Joint Staff Headquarters: North Korea launches two ballistic missiles from Pyongyang's Shun'an Airport

Chassis Supply Chain's "iPhone Moment": China's Tier 1 Shift as LeeKr Emerges

Over the past decade, China's electric vehicle (EV) industry has evolved from a niche experiment into a leading force in the global automotive landscape. In the first ten months of 2025, China exported over 2 million EVs, nearly double the year-earlier figure. From European city streets to Southeast Asian highways and Latin American urban centers, Chinese EVs have emerged as one of the most prominent symbols of a new era of “Made in China.”

ByteDance’s Proposed US$20 Billion Offshore Loan Draws More Than US$30 Billion of Demand

ByteDance (字节跳动) has drawn more than US$30 billion of demand for a proposed syndicated loan that could become its largest offshore borrowing, Bloomberg reported on Aug. 19, underscoring lenders’ appetite to finance the TikTok owner’s expanding artificial-intelligence infrastructure plans.

Geely Raises 2026 Export Goal to 920,000 Units as It Expands Hybrid and Local Production Push

Geely Automobile Holdings Ltd. (Geely Auto; 吉利汽车) has lifted its 2026 export target from 640,000 to 920,000 vehicles after reporting record first-half overseas sales, setting its sights on annual overseas volume of 1 million units as it broadens hybrid offerings and accelerates local production partnerships.

TikTok Shop’s US Online-Spending Share Reaches 2%, Consumer Edge Data Show

TikTok Shop accounted for about 2% of US online retail spending in July, exceeding the estimated online spending captured by Target, Costco and Home Depot, according to Consumer Edge transaction data cited by Chinese e-commerce outlet Ebrun.

BYD overtakes Hyundai to become No. 3 NEV seller outside China

BYD（比亚迪）sold 497,000 new energy vehicles outside China in the first half of 2026, up 81.4% from a year earlier, overtaking Hyundai Motor Group to rank third in the global market excluding China, according to SNE Research data released on August 11.