Ethan Zhao
Senior Reporter
The Latest
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Is Baidu set to soar on the tailwinds of AI?
On Tuesday, Morgan Stanley identified Baidu as China's "best" AI company, asserting that Baidu is poised to benefit the most from AI tools aiding China's $7.4 trillion consumer market in transitioning from offline to online. On Tuesday, Morgan Stanley identified Baidu as China's "best" AI company, asserting that Baidu is poised to benefit the most from AI tools aiding China's $7.4 trillion consumer market in transitioning from offline to online. -
A New Era for Alibaba: Daniel Zhang Bows Out as CEO to Spearhead Cloud Division; Eddie Wu Steps In
In an unexpected corporate reshuffle, Alibaba Group (9988.HK) announced on Tuesday that CEO and Chairman Daniel Zhang will relinquish his roles to concentrate on the firm's cloud business as it moves forward with a plan to break into six independent business units. In an unexpected corporate reshuffle, Alibaba Group (9988.HK) announced on Tuesday that CEO and Chairman Daniel Zhang will relinquish his roles to concentrate on the firm's cloud business as it moves forward with a plan to break into six independent business units. -
India Tries To 'Snatch' China's Mobile Phone Supply Chain: The Darkest Hour for Chinese Smartphone Companies in India?
Indian government's aggressive measures to take control of the mobile phone supply chain from China are putting Chinese smartphone manufacturers, including Xiaomi, OPPO, and Vivo, under increasing pressure in the country. Indian government's aggressive measures to take control of the mobile phone supply chain from China are putting Chinese smartphone manufacturers, including Xiaomi, OPPO, and Vivo, under increasing pressure in the country. -
Apple's Vision Pro Suppliers Revealed: Seven Mainland Chinese Companies Including Luxshare Precision on the List
Despite the global trend of supply chain restructuring and the partial shift of production lines for basic products such as the iPhone to South Asia and Southeast Asia, Apple's cutting-edge mixed reality (MR) product, Vision Pro, will still primarily be manufactured by suppliers from mainland China and Taiwan. Despite the global trend of supply chain restructuring and the partial shift of production lines for basic products such as the iPhone to South Asia and Southeast Asia, Apple's cutting-edge mixed reality (MR) product, Vision Pro, will still primarily be manufactured by suppliers from mainland China and Taiwan. -
The AI Era: Which Industries Will Face the Greatest Disruption?
The "AI era" is here and for the first time "Artificial Intelligence" has been listed as a reason for corporate layoffs. Perhaps, the layoff wave ignited by AI is just beginning. Consulting firm McKinsey released a research report titled "The Economic Potential of Generative Artificial Intelligence." Analysts examined 850 jobs across 47 countries and regions (covering more than 80% of the global workforce) to understand the impact AI's exponential growth will have on the global economy. The "AI era" is here and for the first time "Artificial Intelligence" has been listed as a reason for corporate layoffs. Perhaps, the layoff wave ignited by AI is just beginning. Consulting firm McKinsey released a research report titled "The Economic Potential of Generative Artificial Intelligence." Analysts examined 850 jobs across 47 countries and regions (covering more than 80% of the global workforce) to understand the impact AI's exponential growth will have on the global economy. -
A Veiled Takeover? India Poses New Terms to Chinese Mobile Makers, Including Indian Nationals as CEO
Reports from Indian media suggest that the Indian government has proposed new requirements for Chinese smartphone manufacturers operating in India, demanding key executive roles like CEO, CFO, COO, and CTO be filled by Indian nationals. Reports from Indian media suggest that the Indian government has proposed new requirements for Chinese smartphone manufacturers operating in India, demanding key executive roles like CEO, CFO, COO, and CTO be filled by Indian nationals. -
Chinese Solar Executives Investigated in Europe: Residual Trade Dispute or Something More?
According to insiders, the companies in question reportedly include China National Building Materials Group Corporation, Runda Solar, and GCL-Poly. Domestic major component companies appear to be uninvolved in this incident, and the exhibition's proceedings remain unaffected. According to insiders, the companies in question reportedly include China National Building Materials Group Corporation, Runda Solar, and GCL-Poly. Domestic major component companies appear to be uninvolved in this incident, and the exhibition's proceedings remain unaffected. -
China's May CPI rebounds to 0.2%, PPI fall expands to 4.6%
In May, China's year-on-year CPI growth rate slightly rebounded, and the year-on-year decline in PPI expanded for the fifth consecutive month. In May, China's year-on-year CPI growth rate slightly rebounded, and the year-on-year decline in PPI expanded for the fifth consecutive month. -
Top 5 Domestic AI Startups, Who Is China's Open AI?
There are also a multitude of startups with impressive backgrounds emerging. For instance, Tsinghua Professor Tang Jie's ZhiPu AI, Professor Huang Minlie's Lingxin Intelligence, Yang Zhilin's Loop Intelligence... all have been given industry-disrupting hopes by leading venture capitalists, and the startup train is accelerating once again. There are also a multitude of startups with impressive backgrounds emerging. For instance, Tsinghua Professor Tang Jie's ZhiPu AI, Professor Huang Minlie's Lingxin Intelligence, Yang Zhilin's Loop Intelligence... all have been given industry-disrupting hopes by leading venture capitalists, and the startup train is accelerating once again. -
Heavy Rainfall in China Threatens Wheat Harvest, Possible Blow to Global Grain Market
A farmer known only as Chen in Henan province, China, stands amidst rows of wheat damaged by weeks of relentless rain, with the oversaturated crops requiring days to dry before harvesting can begin. A farmer known only as Chen in Henan province, China, stands amidst rows of wheat damaged by weeks of relentless rain, with the oversaturated crops requiring days to dry before harvesting can begin.