For over a decade, commentators have warned of China’s looming economic decline. Today, the challenges are real: US-China trade frictions, weak household consumption, an overstretched property sector and a shrinking workforce. Making money in China may feel harder than before. Yet to see China solely through the lens of stagnation is to miss the profound…
DeepSeek’s rise is diffusing traditional risks associated with high-stakes AI arms races, pointing to an alternative technological trajectory that challenges Silicon Valley to re-examine its approaches, says SMU academic Liang Chen. Source link
Consumer spending on mobile apps hit $150 billion, while time spent on AI apps spikes by +300% SAN FRANCISCO, Jan. 22, 2025 /CNW/ — Sensor Tower, a leading provider of data on the digital economy, today released its annual State of Mobile report for 2025. The report reveals that in 2024 consumer spending on in-app purchases…
Necessary upgrades to China’s ageing urban infrastructure could see China spend upwards of 4 trillion yuan (US$551 billion) over the next five years, while technology-focused projects such as data centres and AI-related advancements are among the future-facing industries that also hold immense potential for increased investment funds, according to the country’s top economic planner. As…
Hong Kong officials and industry insiders touted the city’s cryptocurrency trials and regulatory stability as strengths for the market at the Belt and Road Forum on Thursday, as the crypto euphoria surrounding the re-election of Donald Trump to the US presidency pushed the price of bitcoin past US$100,000 this week. “Trump is unpredictable. He may…
Hong Kong officials and industry insiders touted the city’s cryptocurrency trials and regulatory stability as strengths for the market at the Belt and Road Forum on Thursday, as the crypto euphoria surrounding the re-election of Donald Trump to the US presidency pushed the price of bitcoin past US$100,000 this week. “Trump is unpredictable. He may…
Speakers share their insights during a panel discussion co-organized by China Daily with the theme of China, Green BRI & RCEP: Navigating the Future, Accelerating Partnerships. (LIU LULU/ CHINA DAILY) Southeast Asian countries are poised to capitalize on China’s technology strengths and regional partnerships to seize the opportunities presented by technology advancements as international headwinds…
PETALING JAYA: Malaysia is open to deepening strategic partnerships and welcoming greater investments in high quality technology from China, said Datuk Seri Anwar Ibrahim. “This includes digital economy initiatives, education and skill intensive sectors,” the Prime Minister said in a Facebook post after a bilateral meeting with Chinese Premier Li Qiang on Tuesday (Nov 5)….