The rush to offer these services to the Chinese public stands in stark contrast to firms in the United States,” Thorbecke writes.
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US Leads the Way in Climate-Tech Funding, As China Falls Behind
The US supplanted China as the world’s top market for climate-tech financing in this year’s first half even as the amount invested fell, according to a new analysis from BloombergNEF. Companies in the US raised…
China Unicom profit continues climb as capex drops
China Unicom trimmed its capex in H1 2024, with the operator registering an eighth consecutive year of double-digit profit growth.
Commentary: China’s AI video rush is a wake-up call for the world
China is narrowing the gap with the United States when it comes to AI technology. It’s also opening a Pandora’s Box, says Catherine Thorbecke for Bloomberg Opinion.
China’s growing ‘robotaxi’ fleet sparks concern, wonder on streets
Turning heads as they cruise past office buildings and malls, driverless taxis are slowly spreading through Chinese cities, prompting both wariness and wonder. More and more Chinese cities are rolling …
CHINA UNICOM Opens Up 4%+ as Interim NP Beats
CHINA UNICOM (00762.HK) opened 4.2% higher today. It last stood at $6.48, up $0.22 or 3.5%, peaking at $6.59, with a volume of 10.2 million shares and an amount of $66.7 million. The company had…
U.S. Lawmakers Call for Probe into China’s TP-Link Over Cybersecurity Concerns
Two U.S. lawmakers have requested the Biden administration to investigate China’s TP-Link Technology Co for potential national security risks tied to its widely used WiFi routers. The call comes amid concerns that these routers could…
China’s Electric Vehicles Lose Ground in EU After New Tariffs Take Effect
European Union tariffs slowed the influx of Chinese-made electric vehicles in July, as the bloc moved to protect its automakers from low-cost competition.
Tencent’s Earnings Show Signs of Comeback in China’s Tech Market
There is still a lot of work to be done, but it is starting to look like the technology sector in China’s stock market could soon be about to pose a recovery. There are not…
Tech war: China pumps up state subsidies for chip industry to counter US sanctions
Government subsidies granted to Huawei, SMIC, Naura Technology and other major chip players in China swelled in 2023, a Post analysis found Government subsidies received by leading players in China’s semiconductor industry – including foundries,
China e-commerce group JD.com beats profit forecasts in second quarter
Chinese e-commerce giant JD.com beat estimates for quarterly profit on Thursday, helped by a mid-year sales festival and aggressive price cuts that drove more cost-sensitive consumers to its platform.
A US$1 trillion property bailout is the last thing China’s economy needs
Stimulus right after a deflated bubble risks a debt mire. Better to invest in China’s green tech and harness global talent to ensure prosperity.
Wind developer Orsted does not rule out Chinese turbine technology
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