Tag Archives: China

Launched by TikTok and Douyin owner ByteDance in August 2023, Doubao has recorded consistent growth so far this year, with a 6.6 per cent increase in the number of users from July, according to data compiled by market research firm QuestMobile. By contrast, second-ranked DeepSeek’s chatbot saw a further decline in user numbers last month, down 4 per cent from …

Ahead of an anticipated interest rate cut from the US Federal Reserve this week, the offshore yuan strengthened past a rate of 7.1 against the US dollar for the first time in nearly a year – another milestone reached in a gradual shift of China’s monetary policy that has seen the currency gain ground over the last month. On Wednesday …

India can seize an opportunity to reset its ties with Nepal and strengthen regional stability following the leadership shake-up in Kathmandu sparked by the Gen Z-led protests, according to analysts. But they warn that any such move by India must avoid triggering perceptions of “big brother” interference – a legacy of its past interventions in South Asia that have pushed …

In the global race for artificial intelligence (AI), nations rightly chase cutting-edge technologies, big data and data centres heavy with graphics processing units (GPUs). But thought leaders including OpenAI CEO Sam Altman and institutions from the Federation of American Scientists to China’s Ministry of Education are urging investment in educator training and AI literacy for all citizens. They argue for …

Cathay Cargo has extended its services to include sending overseas perishable food and produce flown into Hong Kong to Greater Bay Area (GBA) clients by land, with an analyst saying the first-of-its-kind operation will fend off competition amid worsening geopolitics. The cargo arm of local flag carrier Cathay Pacific Airways said it was the first airline to provide such services …

Chavalit Frederick Tsao’s family fortune dates back to the 1800s in China, but like the tributaries of the winding Yangtze River, along which his great-grandfather built a shipping and logistics empire, another branch of the business has caught the eye of the fourth-generation leader of the Tsao Pao Chee (TPC) group – wellness. Tsao is one of the biggest proponents …

The shipments will mark the highest annual volume of arms arrivals in years, significantly strengthening Taiwan’s deterrence and war-fighting capacity amid mounting threats from Beijing, according to two reports recently submitted to the legislature by the island’s defence ministry. One report on US arms sales progress shows that Taiwan faced a backlog of US$21.54 billion across 18 active arms orders, …

The Australian government has unveiled a plan to improve domestic exporters’ access to the Chinese market after Beijing’s removal of trade barriers that previously affected A$20 billion (US$13.3 billion) worth of the country’s goods. The two-year Accessing New Markets Initiative will provide A$50 million of funding in an attempt to “build on” China’s recent scrapping of several trade restrictions affecting …

Pakistani President Asif Ali Zardari has become the first foreign state leader to visit China’s largest military aviation manufacturer, pledging stronger defence industry ties between Islamabad and Beijing, according to Pakistan’s presidential office. It was the first time that a foreign leader had visited the AVIC aircraft complex, a sign of the closer defence industry cooperation between the two countries. …

A woman has been detained for assaulting a security guard at a metro station in China’s Shenzhen. The woman refused to undergo a mandatory security check at the gate. Source link