BEIJING (Reuters) – China’s finance ministry said on Friday it has introduced new tax breaks and exemptions for firms making semiconductors, seeking to limit dependence on foreign chips amid trade tensions with the United States…
TECHNOLOGY
China Mobile: Invest With Communists For 4.5%?
China Mobile is a profitable mega cap telecom with more than 870 million cell phone customers and growing mobile data traffic, wireline broadband and IoT connectivity business segments. The company boasts reasonable pricing metrics, revenue…
Canadian municipalities struggling to find place for recyclables after China restricts foreign waste
You can be part of the conversation by joining our Facebook group. China’s new rules that ban or seriously restrict foreign waste have Canadian municipalities struggling to find places to ship their recyclables. “It’s a…
China’s defunct space lab hurtling toward Earth for re-entry
China’s defunct and reportedly out-of-control Tiangong 1 space station is expected to re-enter Earth’s atmosphere sometime this weekend. It poses only a slight risk to people and property on the ground, since most of the…
China Cracks Down On Jaywalkers With AI, Facial Recognition, & Automated Fines
As we pointed out earlier this week, China’s lack of data protection laws and its determination to overtake the US as the world-leader in AI technology poses a serious threat to US technological hegemony. As…
China Develops Facial Recognition Technology; Scans Country’s Population In 1 Second
In a quest to upgrade the surveillance systems, China has implemented facial recognition technology across sixteen regions of the country. Supposedly, the system can scan over China’s population which is about 1.4 billion in 1…
China Issues Its First Official Drone Delivery Permit
China’s largest logistics firm, SF Express, announced today that its subsidiary, Fengyu Shuntu Technology, has officially received the first permit in China to aerially deliver packages. According to Quartz, the company has gone through a…
China Focus: Technology a game changer in solving China’s cold cases
NANJING, March 28 (Xinhua) — A man’s decomposed body parts were found in an open space in Kunshan, east China’s Jiangsu Province, in December 2011. Police collected DNA samples at the scene, hoping the evidence…
China’s Fosun aims to invest $3.2 billion in technology over three years
HONG KONG (Reuters) – Acquisitive Chinese conglomerate Fosun International, which owns Club Med and a stake in Cirque du Soleil within its broad portfolio, aims to invest at least 20 billion yuan ($3.2 billion) in…
China will publicly shame jaywalkers using facial-recognition technology – then send a fine over text
JAYWALKERS in China are to be named, shamed, and slapped with an instant SMS fine. And it’s all thanks to cutting-edge artificial intelligence. China shamed 13,930 jaywalkers in less than a year by flashing their…
China Unicom Builds its Largest DDoS Protection Cloud with Genie
TAIPEI, Taiwan, March 28, 2018 /PRNewswire/ — Recently, China Unicom has announced to partner with Genie Networks to deploy GenieATM systems on the domestic backbone to build its largest DDoS protection and mitigation system. The…
Parts of China are using facial recognition technology that can scan the country’s entire population in one second
Stxteen areas in China are using facial-recognition technology that can reportedly scan the country’s population in one second, and the world’s population two seconds. Over the last two years the system has been used to…
KKR plans to hike investment in technology, consumer sector
Private equity investment firm KKR & Co plans to boost investment in China with a focus on technology and consumer-related sectors and will set up a new technology fund in the country, according to a…
ADVERTISEMENT
