9 h. ago Letters to the Editor: China dominates the EV market, but that doesn’t mean we should give up

Letters to the Editor: China dominates the EV market, but that doesn’t mean we should give up  Los Angeles Times

Politics

3 d. ago Nvidia takes US$2 billion stake in Synopsys as AI deal spree accelerates

Nvidia has invested US$2 billion in chip design software maker Synopsys as part of an expanded multi-year tie-up to jointly develop new tools for designing products across industries using its AI technology. The deal, unveiled by the companies on Monday, comes as Nvidia has carried out a range of investments, such as those in OpenAI and Anthropic, to try to cement its dominance in the artificial intelligence market. The Synopsys deal is about shifting the work of several hi-tech industries that...

Economics

1 week ago China Tourism Group to chart new course in bid to dominate Asia’s cruise market

China has announced plans to consolidate the cruise operations of four central state-owned enterprises into a single entity that will reportedly operate the largest fleet in Asia, as part of a broader efficiency drive. China Tourism Group – one of the four companies – was designated as the operator of the venture at a signing ceremony hosted by China’s state-owned enterprises watchdog on Friday, according to state broadcaster CCTV. After the deal goes through, the venture will operate Asia’s...

Politics

2 w. ago With AI looking increasingly like a liability, a storm is coming

A recent Financial Times front-page lead, headlined “Tech stocks suffer $1.2tn AI sell-off”, was followed a few days later by a comment elsewhere that tech stocks were the only cloud over an otherwise sunny Wall Street. Weather forecasters would be ashamed of such a simplistic assertion. Artificial intelligence and, more generally, tech stocks have become the great overarching gods that dominate the stock market firmament. To suggest they are immortal and the investment sky will remain blue even...

Events

3 w. ago How China Came to Dominate the Global Market for Critical Minerals

How China Came to Dominate the Global Market for Critical Minerals  National Review

Politics

3 w. ago China’s chief space contractor readies plans for tourism programme

As companies like SpaceX and Blue Origin make headlines for sending non-astronauts into space on pricey private tours, a Chinese state firm is expected to unveil its own space tourism programme this week, joining other domestic enterprises as they attempt to make headway in the rapidly emerging – and US-dominated – market. China Aerospace Science and Technology Corp (CASC), the primary contractor for the country's space programme, will unveil details of its inaugural tour at the China Hi-tech...

Events

4 w. ago Ant Group affiliate OceanBase uses Hong Kong as hub to challenge Oracle

Ant Group affiliate OceanBase has unveiled plans to strengthen its presence in Hong Kong, using the city as a base for overseas expansion to grow its share in the global database market dominated by US technology giant Oracle. The Chinese distributed database provider had designated Hong Kong as a “strategic hub” for its global expansion, following rapid growth in the city, as well as in Macau and the mainland, CEO Evan Yang said on Thursday. The move further solidified Hong Kong’s role as a hub...

Politics