China’s ANTA is exploring a bid to take over German sportswear brand PUMA, valued at approximately $7.6 billion USD The acquisition would be a strategic move to give ANTA instant access to Western …
Tagged By crypto
Is China winning the innovation race?
Once the world’s factory, Beijing’s relentless focus on R&D means the country has become the world’s laboratory …
China Warns of Bubble Risks in Booming Humanoid Robots Arena
China’s powerful economic-planning agency warned of the risks of a bubble forming in the country’s humanoid robotics industry, issuing a rare official expression of concern about a pivotal sphere of …
Baidu is emerging as a major AI chip player in China to fill the Nvidia gap
China’s focus on pushing domestic chips could make Baidu’s chip unit, Kunlunxin, a fast-growing business for the company.
Alibaba’s cloud growth highlights China’s two-speed economy, tech ambitions
The concerns are well founded in the context of larger general questions about the lack of killer AI apps and solid ways to achieve profitability …
China’s new stealth jet coating made from loofah reduces radar signal intensity by 700x
The ultra-thin microwave-absorbing stealth coating easily absorbs electromagnetic waves. The material is developed by a team of scientists from the People’s Liberation Army (PLA) and China Aerospace …
China’s Tech Giants Move AI Model Training Overseas to Access Nvidia Chips, FT Reports
Alibaba and ByteDance are among the tech groups training their latest large language models in data centres across South-east Asia, the report said, citing two people with direct knowledge of the …
China’s Bitcoin mining industry sees massive growth despite crypto ban
Bitcoin mining in China is on the rise despite the introduction of a nationwide ban four years ago, according to the latest industry data. China now accounts for 14 percent of all Bitcoin mining …
Chinese business delegation to visit US in Dec for exchanges: CCPIT
Yang Fan, a spokesperson for China Council for the Promotion of International Trade (CCPIT) Photo: CCPIT . The China Council for the Promotion of International Trade (CCPIT) will …
A humanoid robot-shaped bubble is forming, China warns
A humanoid robot bubble could be brewing, warned China’s leading economic planning agency on Thursday. The alert comes amid growing fears that a bubble in a related industry — AI — is about to burst.
Vietnam and China sign export protocol, discuss ways to increase trade
HANOI: The Ministry of Agriculture and Environment reports that during its working visit to China from Nov 26 to 28, the two sides signed a protocol on the export of fresh Vietnamese jackfruit to the…
The year of the Labubu revealed the ‘new consumption’ trend among China’s Gen Z—and now it’s spreading overseas
Labubu has powered monster growth for Chinese toymaker Pop Mart and tapped into China’s newfound branding power that could outlast the toy’s phenomenon.
China’s Anta Sports and Li Ning exploring bid for Puma, source says
By Kane Wu (Reuters) -Chinese sportswear firms Anta Sports Products and Li Ning are among those exploring a potential takeover of struggling German sportswear brand Puma, a source with knowledge of …
