Criticism of Hong Kong tycoon Li Ka-shing’s CK Hutchison Holdings over its Panama Canal ports sale is mounting as key Beijing offices posted another online media commentary warning entrepreneurs who choose to “dance with Americans” will have no future even if they secure a “big deal”. The article, published by pro-Beijing newspaper Ta Kung Pao…
Criticism of Hong Kong tycoon Li Ka-shing’s CK Hutchison Holdings over its Panama Canal ports sale is mounting as the two top Beijing offices in charge of Hong Kong affairs posted another commentary warning entrepreneurs who choose to “dance with Americans” will have no future even if they secure a “big deal”. The article, published…
A total of 41 new corporate venture capital funds were registered in the coastal province last year, the highest number among those recorded in 18 mainland provinces in the same period, according to the latest data from CYZone Research Centre in China. Zhejiang has been attracting more investments amid the province’s evolution from e-commerce hub…
Shenzhen has received a boost to its role in manufacturing humanoid robots after Unitree Robotics set up a new venture to leverage the supply chain and supportive policies of the southern tech hub. Unitree, the country’s hottest robot maker and one of the so-called six Little Dragons based in the eastern Chinese city of Hangzhou,…
The southern Chinese megacity of Shenzhen has unleashed a barrage of policies aimed at propelling itself to the forefront of the global artificial intelligence and robotics industries, as the metropolis seeks to reaffirm its status as China’s leading technology hub. In a rare move, the city rolled out three major action plans in a single…
China’s rapid advances in artificial intelligence (AI) are reshaping the dynamics of global technology and one of the most consequential shifts is taking place beyond the traditional AI power centres of Beijing, Shanghai and Shenzhen. China’s AI influence is expanding across the Global South, from Africa to Latin America and Southeast Asia. With affordable AI-powered…
With his symposium that brought together China’s top private entrepreneurs, President Xi Jinping sent a message that the country has won an initial victory in weathering technological restrictions imposed by the US. According to the People’s Daily, Xi told the country’s tech titans, including Huawei Technologies founder Ren Zhengfei and robotics start-up Unitree founder Wang…
Shenzhen – often hailed as China’s Silicon Valley – has pledged to ramp up its investments in talent development with a particular focus on humanoid robotics, part of a growing global competition in tech that will see robots and artificial intelligence (AI) as major battlegrounds. The southern metropolis is gearing up to implement a “comprehensive…
When Ulrich Ackermann started working for the German machinery industry in 1986, the country’s watchmaking sector had been eaten up by Japanese competition. Advanced equipment makers were sure they were next. “The watch industry almost completely disappeared from Germany, and there was a fear that this could also happen to the machinery industry. That hasn’t…
President Xi Jinping has reiterated his view of China’s inevitable rise – a belief that continues to drive policymaking at the highest level – at a closely watched symposium with prominent entrepreneurs, held to boost private-sector morale and shore up economic momentum. He told the assembled business leaders on Monday that the East still holds…