Tobias

Shenzhen Metro Line 11 experienced service disruption due to a train’s electrical system malfunction, leading to reports of smoke and delays. Social media users speculated about an explosion, but the official Shenzhen Metro refuted these claims. Normal service is resuming after the affected train was removed. Passengers affected can obtain delay certificates and refunds.

Published on CNBC, the article highlights China’s growing influence in the global refrigeration industry. Gree Electric Appliances, along with partners, spearheaded the development of two new international standards for refrigeration compressors (ISO 18501 and ISO 18483), marking a shift in the previously Western-dominated standardization. This achievement, driven by Gree’s technological advancements and self-sufficiency efforts, illustrates the company’s journey from dependence on foreign suppliers to a global leader in compressor technology.

Hong Kong plans to allow Guangdong-registered private vehicles to enter via the Hong Kong-Zhuhai-Macau Bridge, mirroring the existing scheme for Hong Kong cars. This “Guangdong Cars Southbound” program aims to simplify cross-border travel for short trips, boosting regional economic activity. The government is preparing by assessing infrastructure, ensuring safety standards, and developing user-friendly guidelines. It builds upon the success of the “Hong Kong Cars Northbound” and includes new parking facilities, anticipating significant traffic increases.

Lychee prices have plummeted by 70% due to increased production and lower transportation costs, creating a supply glut. Wholesale prices for varieties like *Fei Zi Xiao* are around $0.70-$0.77 per pound. Despite lychees’ traditional health benefits and nutritional value according to Traditional Chinese Medicine, overconsumption is discouraged. Moderation is especially advised for those with specific health concerns.

Pop Mart’s Labubu plush toys are experiencing soaring demand, but also facing a surge in counterfeits, particularly in Shenzhen. The collectible’s popularity has propelled Pop Mart’s app to the top of US shopping charts, with consumers eagerly awaiting restocks. Industry analysts attribute Labubu’s success to a shift in Chinese manufacturing towards cultural creation and strategic marketing, transforming a niche art form into a global phenomenon, highlighting the importance of strong product identity.

South Korea anticipates a summer cabbage shortage, potentially mirroring last year’s “golden cabbage crisis.” Production is expected to drop significantly due to crop damage, pests, and unfavorable weather, predicting a 24.5% decrease from average. The government is taking proactive measures, including record cabbage reserves and increased seedling supplies, to counter price increases and supply chain issues, particularly during the peak period of July-October. The cost of a single cabbage could significantly impact household budgets.

Xiaomi’s founder, Lei Jun, lauded Beijing’s role in the success of their EV venture. He credited the city’s business environment, industrial foundation, and supportive ecosystem. The upcoming Xiaomi YU7, scheduled for a July launch, is generating significant pre-order interest, surpassing even the SU7’s initial demand.

An e-commerce giant is launching its “618 Super Delivery Day” campaign to stimulate spending. The promotion features discounts, including up to 61.8 yuan off delivery orders on June 18th, released at specific times. Customers can also earn vouchers by sharing the promotion. Flash sales on popular items like coffee and tea, plus free delivery, are offered. This builds on the company’s recent milestone of exceeding 25 million daily delivery orders.

YMTC, a major Chinese memory manufacturer, warns job seekers about recruitment scams. The company clarifies that all legitimate job postings are through official channels and that it will never request fees from applicants. YMTC urges vigilance and encourages reporting any fraudulent activity to authorities, promising legal action against those misusing its name.

Cainiao’s Hong Kong eHub has fully integrated RFID technology, becoming the first smart logistics hub in Hong Kong to do so. This allows for automated, touchless receiving, completing item location in just one minute and increasing package processing efficiency by 30%. Cargo owners gain real-time shipment tracking with 99.5% accuracy. The hub facilitates “72-hour delivery” across the Asia-Pacific region, supporting Cainiao’s global cross-border parcel network.