Markets
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Dongyang Zhu Grants High-Temperature Allowance to Air Conditioner Installers, Adding ¥20 Per Unit
Gree Electric Appliances sees a surge in demand for air conditioning due to rising temperatures. The company, expanding its retail footprint with 656 “Dong Mingzhu Health Home” stores, also announced a 20 yuan per unit pay increase for its installation technicians. This move, echoing a similar initiative in 2016, aims to ensure customer satisfaction and value the crucial role of installers during peak season.
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Hikvision Ordered to Cease Operations in Canada: Company Responds
Canada ordered Hikvision Canada to cease operations within 120 days, citing national security concerns. Hikvision and China strongly condemned the move, calling it discriminatory and harmful to economic cooperation. This action reflects geopolitical tensions and the scrutiny faced by Chinese tech companies in Western markets regarding national security and data privacy, further complicating global trade.
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Free Temporary Storage for Non-Compliant Power Banks at Chongqing Airport (Up to 7 Days)
Effective June 28th, China implemented new regulations on power banks for domestic flights. Devices lacking 3C certification, with unclear markings, or recalled models, are prohibited. Chongqing Jiangbei International Airport is actively enforcing the rules with inspection stations, disposal bins, and informational materials. Passengers can carry approved power banks (100Wh or less) without approval. Those exceeding 100Wh require airline authorization.
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Xiaomi’s Big Move in South Korea: First Xiaomi Home Opens, Crowds Surge
Xiaomi has launched its first physical store, “Xiaomi Home,” in Seoul, South Korea, marking a key expansion in its global retail strategy. Offering a range of products and after-sales support, the store mirrors its domestic counterparts. The company is incentivizing purchases with free delivery and installation services. This move, part of Xiaomi’s “New Retail” strategy, aims to expand internationally, with plans for 10,000 Mi Homes and a doubling of international revenue within the next few years.
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HII Christens Guided Missile Destroyer Jeremiah Denton (DDG 129)
HII christened the future USS Jeremiah Denton (DDG 129), the third Flight III Arleigh Burke-class destroyer built at Ingalls Shipbuilding. The ship honors Senator Jeremiah Denton Jr., a decorated Vietnam War veteran. Speakers highlighted the shipbuilders’ dedication and the vessel’s role in national security. The destroyer features advanced technology, reflecting modern surface combatant capabilities, solidifying HII’s commitment to U.S. naval power.
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Xiaomi’s Test EV Completes 3944km Endurance Run in 24 Hours: Lei Jun Highlights Performance, Quality, and Durability
Xiaomi founder Lei Jun promotes the new YU7 EV, highlighting its impressive range and performance. The YU7 Standard Edition achieved the top spot in the EasyCar Endurance Test for SUV models, with a 784km real-world range. A 24-hour endurance test saw the YU7 Max cover 3,944km, showcasing its power, charging, and durability. This aggressive marketing approach signals Xiaomi’s ambition in the EV market.
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HPE, Juniper Networks Settle with U.S. Department of Justice
HPE and Juniper Networks have reached an agreement with the DOJ, clearing the path for HPE’s acquisition of Juniper. This deal, valued at approximately $14 billion, aims to reshape the networking landscape. Combining HPE’s strengths in areas like AI and hybrid cloud with Juniper’s networking expertise will create a modern network architecture tailored for AI workloads, fostering competition and accelerating innovation in the market. As part of the settlement, HPE will divest its global Instant On business.
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Vegetable Seller Denies Million-Yuan Income, Says She Earns More Than an Office Job
“Selling Vegetables Beauty,” Li Fugui, has become a viral sensation on Douyin, with over 6.44 million followers. Her videos, showcasing rural life and selling goods, have garnered significant attention. Despite refuting claims of earning millions, Li admits her income surpasses a regular office job. She’s adapting to increased demands, including longer editing times and visits from those seeking her strategies, while asking for privacy and respect from fans.
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Selma Welcomes DXL: Where Finding Clothes That Fit Big & Tall Men Is Finally the Norm
Destination XL Group (DXLG) is expanding its retail presence with a new store in Selma, TX, its sixth this fiscal year. Catering to the Big + Tall men’s apparel market, the store offers a wide range of brands and features FiTMAP® Sizing Technology for personalized fitting. The store opened on June 28, 2025, solidifying DXLG’s commitment to providing stylish clothing and a positive shopping experience.
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WiFi 6 Wireless Panel APs: Eight Brands Tested and Compared – Which One Reigns Supreme in 2025?
This white paper examines the burgeoning market for WiFi6 wireless panel access points in smart homes, driven by the need for whole-house coverage. It analyzes top brands like Xinbocangmei, Huawei, TP-Link, and others, evaluating their coverage, stability, and customization options. Key considerations for consumers include size, network stability, modularity, and cost-effectiveness. The report forecasts trends toward AI, modularity, and scenario-specific solutions, with Xinbocangmei emerging as a key innovator.