4 d. ago Volkswagen’s US$3.5 billion bet: can it regain share in China’s competitive car market?

Volkswagen is making a major bet in China, the largest and one of the most cutthroat auto markets in the world. The question is whether it will work. The German carmaker, which once dominated the market with a more than 50 per cent share, has invested €3 billion (US$3.5 billion) in a sprawling research and development centre – its largest outside its home country – in Hefei, a low-key central China city of 10 million people. It is a sea change from how foreign carmakers operated in China for...

Economics

6 d. ago Sea change: China narrows AI gap with US three years after initial shock from ChatGPT

US start-up OpenAI’s launch of ChatGPT on November 30 three years ago sent China’s technology industry scrambling to get up to speed on the latest artificial intelligence developments. Chinese government authorities sent urgent requests to various experts, including professors from Tsinghua University, to provide briefings on the implications of generative AI technology, according to people with knowledge of the matter. China’s Big Tech firms and ambitious start-ups rushed to roll out their own...

Events

6 d. ago China narrows AI gap with US three years after ChatGPT shock

China narrows AI gap with US three years after ChatGPT shock  South China Morning Post

Events

6 d. ago China narrows AI gap with US 3 years after initial ChatGPT shock

US start-up OpenAI’s launch of ChatGPT on November 30, three years ago, sent China’s technology industry scrambling to get up to speed on the latest artificial intelligence developments. Chinese government authorities sent urgent requests to various experts, including professors from Tsinghua University, to provide briefings on the implications of generative AI technology, according to people with knowledge of the matter. China’s Big Tech firms and ambitious start-ups rushed to roll out their...

Events

6 d. ago Sea change: China narrows AI gap with US 3 years after ChatGPT shock

Sea change: China narrows AI gap with US 3 years after ChatGPT shock  South China Morning Post

Events

2 w. ago China gives disputed Scarborough Shoal a clean bill of health

Coral reefs at the disputed Scarborough Shoal in the South China Sea are healthy and resilient to climate change, but growing thermal stress poses a potential bleaching risk, according to a Chinese environmental assessment. The report rated the atoll’s maritime environment as excellent, with no signs of cyanide in seawater, sediment or fish samples. Scarborough Shoal, known as Huangyan Island in China and Panatag Shoal in the Philippines, is claimed by both countries, and Manila has accused...

Science