9 h. ago US$900 million seized as China helps Malaysia dismantle Tedy Teow’s scam empire

Chinese and Malaysian police have seized over 3.8 billion ringgit (US$900 million) of assets – including yachts and property – from a syndicate alleged to have duped millions of people throughout the Asia-Pacific with promises of high-return investments. The Ponzi scheme, which operated mainly in Penang state, is believed to be linked to the MBI Group, started by Malaysian Tedy Teow Wooi Huat, who was extradited to China last year after hiding in Thailand. Seventeen people were arrested last...

Economics

2 w. ago Ancient China was less equal than the Roman Empire. Here’s why.

Ancient China was less equal than the Roman Empire. Here’s why.  Big Think

Politics

2 w. ago Study Buddy (Explorer): China’s ‘Dairy Godfather’ and his booming ice cream empire

Study Buddy (Explorer): China’s ‘Dairy Godfather’ and his booming ice cream empire  South China Morning Post

Politics

3 w. ago China’s lack of advanced chips hinders broad adoption of AI models: Tencent executive

Washington’s latest chip export controls could widen the gap in AI adoption between China and the US, Tencent Cloud’s Wang Qi says.

Politics

3 w. ago Tencent bets on 1.4 billion user WeChat empire to get ahead in China's AI race

Tencent bets on 1.4 billion user WeChat empire to get ahead in China's AI race  CNBC

Politics

4 w. ago Tencent posts strong quarterly revenue as Chinese video gaming giant bets big on AI

The tech giant reported US$25 billion in revenue for the first quarter, its largest ever for a three-month period, beating estimates.

Politics

4 w. ago Tencent posts best quarter on record as world’s largest video games publisher bets on AI

The tech giant reported US$25 billion in revenue for the first quarter, its largest ever for a three-month period, beating estimates.

Politics