GM is struggling to keep up with China's rapid transition to new energy vehicles (NEVs) and competition from local OEMs. ( read original story ...)
Watch: Tiny robot ‘kidnaps’ 12 big Chinese bots from a Shanghai showroom, shocks world
However, there have been major concerns related to AI as it’s feared that it can get out of control from human’s approach and may start working against us.In one such incident, a little AI robot ... ( read original story ...)
Atome Financial Secures $200 Million Syndicated Credit Facility to Accelerate SEA Expansion
Atome Financial has secured a syndicated credit facility of up to U.S. $200 million. It is led and arranged by Hongkong and Shanghai Banking Corporation Limited (HSBC) through its ASEAN Growth Fund, ... ( read original story ...)
Shanghai court says crypto ownership legal under China law amid bitcoin price surge
In an opinion on a recent lawsuit, a Shanghai judge wrote that cryptocurrencies have the attributes of property and thus holding it is legal. ( read original story ...)
Analysis-China’s cashed-up crowd is back in the stock market
Speculative fever in Chinese stocks is running red hot and catching the attention of some global funds, who figure local money is worth following into market segments sheltered from tariffs and likely ... ( read original story ...)
China’s cashed-up crowd is back in the stock market
Speculative fever in Chinese stocks is running red hot and catching the attention of some global funds, who figure local money is worth following into market segments sheltered from tariffs and likely ... ( read original story ...)
SMIC’s Nvidia-Beating 120% Stock Rally Faces Chip War Threats
Semiconductor Manufacturing International Corp.’s stock has more than doubled over the past two months on an expected boost from China’s self-reliance push, even amid risks tied to competition and ... ( read original story ...)