7 h. ago China eyes nationwide AI computing network as tech race with US heats up

China is making progress in unifying the country’s scattered data centres into a nationwide computing network to drive artificial intelligence applications, according to the data centre builders. China’s Open Data Centre Committee (ODCC), an organisation representing the country’s key AI infrastructure investors such as Alibaba Group Holding and China Telecom, hosted a three-day conference this week to discuss how to transform the country’s far-flung data centres into one unified...

Politics

17 h. ago China Telecom Global Shines at the 10th Belt and Road Summit, Empowering the New Silk Road via AI for Good

China Telecom Global Shines at the 10th Belt and Road Summit, Empowering the New Silk Road via AI for Good  PR Newswire

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18 h. ago China eyes C919 jet breakthrough as Malaysian airline in talks to buy aircraft

Malaysian low-cost airline AirAsia has shown strong interest in acquiring the Chinese C919 passenger jet, its executive said, as part of its strategy to tap into Southeast Asia’s 700 million-strong population and capitalise on growing China-Asean business ties. “We’re in active discussions to buy the C919,” Tony Fernandes, CEO of Capital A – an investment holding company of AirAsia – told the Belt and Road Summit in Hong Kong on Wednesday. “We’re the first foreign airline to be working with...

Politics

18 h. ago AirAsia eyes deal for C919 passenger jet, in bid to tap China

Malaysian low-cost airline AirAsia has shown strong interest in acquiring the Chinese C919 passenger jet, its executive said, as part of its strategy to tap into Southeast Asia’s 700 million-strong population and capitalise on growing China-Asean business ties. “We’re in active discussions to buy the C919,” Tony Fernandes, CEO of Capital A – an investment holding company of AirAsia – told the Belt and Road Summit in Hong Kong on Wednesday. “We’re the first foreign airline to be working with...

Politics

32 h. ago New iPhones spark lively debate among Chinese fans amid eSIM limits, AI delay

Apple’s newly released iPhone series, including the groundbreaking iPhone Air, dominated social media discussion in China on Wednesday, with consumers expressing concerns about eSIM adoption and delayed Apple Intelligence features. China Unicom, one of three state-owned carriers, is the only telecoms service provider able to provide eSIM service to iPhone Air users, although China Telecom and China Mobile, two other operators, said they would roll it out later. China’s conditional acceptance of...

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38 h. ago Hong Kong to secure deals worth US$1 billion with belt and road countries

Hong Kong will sign nine agreements with countries of the Belt and Road Initiative, with companies sealing dozens of business deals amounting to nearly US$1 billion (HK$7.8 billion), the city’s leader has announced at a major summit as he pledged to enter into more collaborations in the future. At the 10th edition of the two-day Belt and Road Summit on Wednesday, Chief Executive John Lee Ka-chiu also said Hong Kong’s external trade with countries under the initiative exceeded US$276 billion last...

Economics

38 h. ago Hong Kong to sign deals worth US$1 billion with belt and road countries

Hong Kong will sign nine agreements with belt and road countries, with companies sealing dozens of business deals worth nearly US$1 billion (HK$7.8 billion), the city’s leader announced at a major summit, pledging to enter into more collaborations in the future. At the 10th edition of the two-day Belt and Road Summit on Wednesday, Chief Executive John Lee Ka-chiu also said Hong Kong’s external trade with countries under the initiative exceeded US$276 billion last year, an 80 per cent increase...

Economics

38 h. ago Hong Kong signs deals worth US$1 billion with belt and road countries

Hong Kong has signed nine agreements with belt and road countries, with companies sealing dozens of business deals worth nearly US$1 billion (HK$7.8 billion), the city’s leader announced at a major summit, pledging to enter into more collaborations in the future. At the 10th edition of the two-day Belt and Road Summit on Wednesday, Chief Executive John Lee Ka-chiu also said Hong Kong’s external trade with countries under the initiative exceeded US$276 billion last year, an 80 per cent increase...

Economics

57 h. ago From megaprojects to green corridors, Belt and Road enters a new phase

[The content of this article has been produced by our advertising partner.] As China’s Belt and Road Initiative (BRI) enters its second decade, its playbook is changing.  HSBC Global Investment Research’s latest report describes how the Belt and Road Initiative is moving from state-led megaprojects towards smaller, greener and more tech-focused investments driven by private capital. Released just in time ahead of the Belt and Road Summit (September 10-11) in Hong Kong, the report identifies a...

Politics

58 h. ago How Hong Kong can bolster Belt and Road Initiative in uncertain world

On September 10-11, Hong Kong hosts the 10th edition of the Belt and Road Summit. This is a milestone gathering aimed at reinforcing the city’s position as both a “superconnector” and a “super value-adder” while fostering the development of an open global economy. Against the backdrop of continuing disruptions to global capital and trade flows under the second administration of US President Donald Trump – whose renewed emphasis on economic nationalism and supply-chain decoupling has deepened the...

Politics

6 d. ago Belt and Road Summit marks a decade of deals as Hong Kong eyes new chapter of collaboration

[The content of this article has been produced by our advertising partner.] Co-organised by the HKSAR Government and the Hong Kong Trade Development Council (HKTDC), the 10th Belt and Road Summit will return to the Hong Kong Convention and Exhibition Centre on September 10-11.  Bringing together over 90 speakers from 18 Belt and Road economies, this year’s two-day programme continues a ten-year run of policy dialogue, business exchange and investment matchmaking under the theme “Collaborate for...

Politics

3 w. ago China Telecom unit says AI wave drives steady growth in digital services market

China Communication Services, the country’s leading telecommunications infrastructure contractor, said a wave of artificial intelligence projects is now driving digital transformation in thousands of industries and providing a boost to the company’s three major business segments. Beijing-based China Comservice, a subsidiary of China Telecom, made that assessment on Thursday as the firm reported its latest financial results, which showed growth in both revenue and net profit in the first six...

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