China’s crackdown on cross-border securities trading could strengthen – rather than diminish – Hong Kong’s financial role, according to economists, as Beijing steers more capital through official channels and reinforces the city’s status as an offshore yuan hub. “I would argue that these moves make the importance of Hong Kong even bigger,” Diana Choyleva, founder…
[The content of this article has been produced by our advertising partner.] Hong Kong’s construction industry and the broader building sector will be presented with a range of AI systems and robotics capable of automating parts of building sites and improving worker safety and efficiency when the Construction Industry Council (CIC) hosts a new industry…
(Dreamstime) China has regained the title of home to the world’s fastest supercomputer, a major development in the intensifying technology competition between Beijing and Washington and a sign that Chinese researchers continue to advance despite U.S. export controls targeting advanced computing technologies. Researchers announced Tuesday that LineShine, a new supercomputer operating at the National Supercomputing Center…
This Summer Art & Design sent two of their own to China to continue building a longstanding relationship in Changzhou and Nanjing. Professor and Chair Greg Skaggs and Instructor Audry Dunne visited various campuses and taught potential incoming students. Skaggs witnessed students transform through engaging with masters of traditional Chinese painting, exploring ancient temples and…
Bankers working for JPMorgan Chase and Goldman Sachs in Hong Kong must have been miffed when they were shut off from using artificial intelligence (AI) models from Anthropic, a pioneering American firm in the field. Goldman Sachs and JPMorgan Chase pulled the plug in April and last week respectively, based on a strict interpretation of…
As a cultural strategist, my work takes me across the region as I explore new markets, mine local insights and connect with new consumers. Most recently I was in Seoul, a city voted for four consecutive years by millennial and Gen Z readers of a US-based travel media outlet as their favourite place to visit….
China’s five-year plan responds to “great changes unseen in a century”, prescient words used by President Xi Jinping since 2018. Chinese policymakers have anticipated headwinds in the world system, underscored by the upending of the “rules-based world order” by US President Donald Trump’s “law of the jungle” and a world increasingly threatened by climate change….
An aerial view of downtown Sinuiju taken from the Chinese side of the border. (Wikimedia Commons) North Korean trade workers in China are facing tighter surveillance as Pyongyang and Beijing look to expand trade following a recent summit between the two countries, a source told Daily NK on Friday. The crackdown appears aimed at heading…
Photo by Patrick T. Fallon/AFP via Getty Images Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Palmer Luckey, the billionaire founder of defense technology company Anduril Industries and Oculus VR, is sounding the alarm on America’s dependence on China — and his warning goes far beyond cheap…
Microsoft expands AI business in China, with ByteDance emerging as top customer Proactive uses images sourced from Shutterstock Microsoft Corp (NASDAQ:MSFT) is expanding its artificial intelligence business in China, with ByteDance expected to spend more than $1 billion annually on the company’s AI and cloud services, according to a Bloomberg report. Bloomberg reported that Microsoft…