Bangkok, Thailand – TikTok, the popular short-form video platform owned by China’s ByteDance, is set to make a significant investment in Thailand, committing $3.8 billion to a data hosting project, the country’s Board of Investment (BOI) announced. The move underscores TikTok’s efforts to expand its global infrastructure and strengthen its presence in Southeast Asia, a […]
China’s recently concluded Central Economic Work Conference laid out ambitious plans for the country’s economic trajectory in 2025. The meeting offered a comprehensive roadmap aimed at addressing economic challenges and reinforcing growth, stability, and competitiveness. The conference outlined six key policy areas expected to have significant impacts both domestically and internationally. 1. Maintaining Stable Economic […]
Beijing, China — China’s economy continued its recovery trend in November, driven by a mix of government measures aimed at stimulating growth, according to data released by the National Bureau of Statistics (NBS) on Monday. Economists are optimistic about a steady rebound heading into 2025, with expectations that recent macroeconomic adjustments will provide strong support […]
The 2024 Design Intelligence Award (DIA) held in Hangzhou, Zhejiang province, spotlighted the role of digital technologies such as robotics and artificial intelligence in driving innovation. Fourier GR-1, a humanoid robot developed by Shanghai-based Fourier, won the prestigious grand award, recognized for its cutting-edge integration of bionics and high-performance robotics. Fourier GR-1 is one of […]
Despite rising geopolitical tensions and economic uncertainties, Chinese officials and business leaders emphasized the importance of Chinese enterprises sharpening their competitive edge and embracing global cooperation to contribute to a more stable and prosperous world economy. This call came during the 12th edition of the Chinese Enterprise Global Image Summit held in Beijing on Thursday. […]
TIANJIN — Visitors to the digital center in the Sino-Singapore Tianjin Eco-city Science Park are greeted by digital humans speaking multiple languages, offering an immersive experience that showcases the heritage and cultural narratives of Tianjin’s time-honored products. The center uses cutting-edge technology to engage visitors with the region’s rich intangible cultural heritage, century-old brands, and […]
MADRID — Franco-Italian automaker Stellantis and Chinese battery giant Contemporary Amperex Technology Co Ltd (CATL) have announced a major investment of 4.1 billion euros ($4.3 billion) to form a joint venture aimed at constructing a large-scale lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. The facility, slated to begin production by the end of […]
LG Chem, a leading South Korean chemical company, has announced plans to further expand its battery material production capacity in China, aiming to capitalize on the country’s emphasis on sustainable development and its growing focus on new, high-quality production forces. The company sees significant growth potential in the Chinese market, which plays a central role […]
Antitrust enforcement has become an essential global practice to ensure fair competition and foster innovation, and companies should not use geopolitical tensions as excuses for breaching their legal commitments, said top industry experts on Tuesday. Their comments followed an investigation launched by China’s State Administration for Market Regulation (SAMR) into US chipmaker Nvidia over suspected […]
A new international group, the Group of Friends for International Cooperation on AI Capacity Building, was launched at the United Nations on Tuesday, co-chaired by China and Zambia, with representatives from more than 80 countries, including Egypt, Pakistan, Brazil, Ethiopia, Indonesia, Russia, the United States, France, and the United Kingdom. The group’s inaugural meeting aimed […]
