The city that built China’s tech empire

The city that built China’s tech empire

Thanks to its innovative drone industry, Shenzhen has become the leading hub of low-altitude economy for China and the world, boasting 1,085 drone departing and receiving stations, 309 flying routes, over 1,000 companies making low-altitude unmanned flying vehicles, and accounting for 70% of the world’s consumer-drone market. The city allows flying drones to deliver fast…

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China’s lopsided growth puts spotlight on Xi’s five-year plan

China’s lopsided growth puts spotlight on Xi’s five-year plan

China’s factories kept the country on track to reach this year’s growth target, powered by an export boom that’s papering over deeper vulnerabilities as leaders meet to chart the nation’s next half-decade. The world’s second-largest economy grew 4.8% in the third quarter compared with a year earlier, slightly above estimates. That laid a “solid foundation”…

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