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…
Hong Kong property tycoon Gordon Wu Ying-sheung has said he is “very optimistic about the future of China” due to its “stability” as he received the Game Changer Award from the Asia Society for his contributions to the country’s development. At a fireside chat on Thursday after receiving the award from the city leader, the…
Two men linked to the Hong Kong Economic and Trade Office in London found guilty of spying on activists were sentenced to up to 10 years in jail on Thursday. Bill Yuen Chung-biu, 65, an office manager at the Hong Kong Economic and Trade Office (HKETO), was sentenced to eight years in prison for assisting…
A robot threads a needle at the World Intelligence Expo 2026 in Tianjin on May 28, 2026. ZOU HONG/CHINA DAILY China is rapidly emerging as one of the world”s most powerful innovation ecosystems, leading in electric vehicles, artificial intelligence, drones, advanced manufacturing, smart infrastructure and green technology. Today, multinational companies are no longer going to…
Border checkpoints across China are bracing for a travel rush during the upcoming Dragon Boat Festival holiday, with holidaymakers and family visits contributing to an estimated 2.2 million crossings per day. The National Immigration Administration has projected an 11.7 percent year-on-year increase in border entries and exits for the three-day holiday that kicked off on…
DONGGUAN, China, June 18, 2026 /PRNewswire/ — At the HDC 2026 Global Eco Summit, Huawei convened global ecosystem partners, brands, and developers to explore how its innovative technologies are reshaping digital interaction in an increasingly interconnected, multi-device world. Spanning luxury retail, tourism, financial services, and digital platforms, the summit highlighted how enterprises are leveraging Huawei’s ecosystem…
The Chinese Communist Party (CCP) is “flooding the zone” with spies as Beijng seeks political and economic advantage over the United States and a West that it perceives as weakening, experts have told Newsweek. But some of the spies are being caught, as nations push back against Beijing’s vast operations, too. Nearly every week brings…
The Hong Kong government has launched a public consultation on the city’s first five-year development plan, a blueprint aimed at aligning with China’s newly approved 15th five-year plan. Officials have promised a “macroscopic, strategic and forward-looking” road map that will guide Hong Kong’s economic and social development for the rest of this decade. That invitation…
Hong Kong and Macau can complement rather than compete with each other in tourism development, officials and industry leaders in the gaming hub have said, as it continues its decades-long push for economic diversification. Maria Helena de Senna Fernandes, director of the Macau Government Tourism Office, said that the two cities had long worked together…
The EU is increasingly united on the need for a tough approach to China. Europe has long been nervous about cheap, state-subsidized Chinese goods undermining the continent’s manufacturing industries. Paris has led efforts to respond, calling for new tariffs and other measures, but Berlin has been more wary, since Chinese buyers supported much of Germany’s…