21 h. ago Starbucks, Burger King raise eyebrows after selling massive stakes to Chinese private equity funds: 'Enables the business to operate at China speed'

Starbucks, Burger King raise eyebrows after selling massive stakes to Chinese private equity funds: 'Enables the business to operate at China speed'  MSN

Economics

27 h. ago Protection of vulnerable workers must be part of China’s AI strategy

Given the breakneck speed of technological and commercial developments across the world, China is perhaps one of only a few sovereign states with a comprehensive strategy on both artificial intelligence (AI) and robotics. The Chinese state philosophy in AI development is anchored in diffusion, as opposed to maximising the cutting-edge performance of select generative or reasoning models. While American and European investors are lured by the prospects of superintelligent and humanoid robots,...

Politics

38 h. ago Need for speed: Alibaba ramps up China instant commerce push with Cainiao and Tmall tie

Alibaba Group’s logistics arm Cainiao and online grocery business Tmall Supermarket are teaming up to expand fulfilment infrastructure and speed up deliveries, as the Chinese e-commerce giant ramps up its efforts in China’s fast-growing instant commerce battle to fend off rivals such as JD.com and Meituan. Cainiao will launch new or expand instant commerce warehouses for Tmall Supermarket across 31 mainland Chinese cities by the end of January 2026, it said in a statement on Thursday. Alibaba...

Politics

3 d. ago From Starbucks to Burger King: Why Western food giants are selling large stakes to Chinese private equity funds

From Starbucks to Burger King: Why Western food giants are selling large stakes to Chinese private equity funds  CNBC

Politics

3 d. ago From Starbucks to Burger King: Western food giants are selling large stakes to Chinese private equity funds

From Starbucks to Burger King: Western food giants are selling large stakes to Chinese private equity funds  CNBC

Politics

3 d. ago MetaX shares rocket 700% in debut as China AI chips push gathers speed

MetaX shares rocket 700% in debut as China AI chips push gathers speed  Reuters

Events

7 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

7 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

7 d. ago How China is building a great green wall to protect itself from desertification

After decades of human activities and overgrazing, desertification has accelerated at an alarming speed in China, resulting in sandstorms, flooding and drought. The economic repercussions are potentially affecting more than 400 million people. In the past, Chinese kingdoms and empires erected the Great Wall to prevent steppe nomads from invading from the north. Now, the government is planting a whole new kind of wall to protect from encroaching deserts.

Politics

1 week ago IMF urges China to speed up structural reform, raises growth forecasts

IMF urges China to speed up structural reform, raises growth forecasts  Reuters

Politics

2 w. ago Nvidia servers speed up AI models from China's Moonshoot AI and others tenfold

Nvidia servers speed up AI models from China's Moonshoot AI and others tenfold  Reuters

Events

2 w. ago Hong Kong taps Value Partners, 9 others to manage US$385 million residency fund

Hong Kong Investment Corp (HKIC), the government’s investment arm, on Tuesday appointed 10 asset managers spanning venture capital, private equity, private credit and hedge funds to oversee at least HK$3 billion (US$385 million) under its enhanced cash-for-residency scheme. HKIC said in a statement that the new batch of managers for the investment portfolio under the New Capital Investment Entrant Scheme (New CIES) included Hong Kong-headquartered Value Partners, one of Asia’s largest asset...

Economics

3 w. ago Starbucks and Burger King among global food giants restructuring in China as local competition rises

Starbucks and Burger King among global food giants restructuring in China as local competition rises  Le Monde.fr

Sport

3 w. ago Building the future: China eyes smarter, more efficient transport infrastructure

With the world’s biggest high-speed rail network already established, China now plans a more balanced, integrated and intelligent transport system over the next five years, prioritising efficiency and smart technology over sheer scale. Beijing will move away from large-scale expansion to optimising new projects and upgrading existing assets, Minister of Transport Liu Wei said at a recent symposium on the 15th five-year plan attended by local transport officials, according to an official...

Politics

3 w. ago China urges Japan to speed up disposal of abandoned chemical weapons

China urges Japan to speed up disposal of abandoned chemical weapons  chinadailyasia.com

Events