January 9, 2025
WeChat Excised from US 'Notorious' Fakes List
The US trade department has taken WeChat off its infamous register of counterfeit goods suppliers. The Chinese digital platform was one of six online Chinese merchants and nine traditional retailers implicated in the fake goods scandal of 2022.
January 9, 2025
Unlock Your Car with Your Face!
A prototype car showcased at the CES tech fair in Las Vegas is set to change the game. This futuristic vehicle identifies its owners and authorised drivers using biometric facial recognition, ensuring it remains locked and secure when approached by unfamiliar individuals.
January 9, 2025
Challenges Faced by EU Firms in China
A recent study reveals that European Union companies operating in China are being forced to compartmentalise their operations to maintain competitiveness. The report, published by the EU Chamber of Commerce in China, also highlights escalating costs and market barriers that are eroding global competitiveness.
January 8, 2025
China's Subsidy Scheme Excludes High-End iPhones
China's recent economic stimulus initiative provides a 15% subsidy for buying smartphones, tablets, and smartwatches. However, the ceiling limit set at US$818 excludes Apple's luxury iPhones from this scheme.
January 8, 2025
China Excludes High-End iPhones from Subsidy Scheme
China's recent economic stimulus strategy introduces a 15% discount on purchases of smartphones, tablets, and smartwatches. However, Apple's premium iPhones have been left out due to the cost ceiling being limited to US$818.
January 8, 2025
China's Bold Move in Tech Investments
The government of Beijing is urging its investment funds to embrace higher risk levels, especially in the allocation towards technological research.
January 8, 2025
California's SiFive Expands to China
In a strategic move to harness the escalating demand for open-source chips, the US tech giant SiFive, hailing from California, has established a subsidiary in Shanghai. This new venture aims to assist clients in realizing groundbreaking technological advancements.
January 8, 2025
UK's Eye on China's Booming Delivery Market
China's logistics industry had a record-breaking year in 2024, according to the State Post Bureau. With an unprecedented volume of deliveries, the sector is predicted to continue its upward trajectory in 2025 as consumption becomes crucial to the economy.
January 8, 2025
Alibaba Fuels Transsion's AI Endeavour
The Chinese titan, Alibaba, is set to turbocharge Transsion's AI capabilities, a leading smartphone provider in Africa. This collaboration will see Alibaba's Tongyi Qianwen model powering the GenAI features of Phantom V Fold2, the latest 5G offering from Transsion under its Tecno brand.
January 8, 2025
China's Robotic Solution for Ageing Crisis
In an innovative response to its escalating elderly care crisis, China is pioneering the use of humanoid robots. These futuristic companions will not only offer company, but also keep a check on health parameters, and can potentially be designed to look like familiar faces, adding a comforting touch to the tech-based care strategy.
January 8, 2025
Alibaba Reworks Taobao's Gift Feature
Alibaba has restructured the gift-giving function on its Taobao platform to counteract competition from Tencent. Now, once a purchase is made, the buyer dispatches a virtual gift card, complete with passcode, to the recipient. However, the recipient must claim the goods within a 24-hour window.
January 8, 2025
Anthropic's Skyrocketing Valuation
Anthropic, a formidable adversary of OpenAI in the foundation model sector, is on the verge of a significant leap in its valuation. Sources indicate that the AI start-up is gearing up to raise an impressive $2 billion, pushing its valuation to an astounding $60 billion.