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Economics & Policy Economics & Trade Law & Regulation Manufacturing Markets & Finance Politics & Society Property Tech, Media & Telecom Weekly

Gloom or Glory?

There is a clear disconnect growing in terms of information and perceptions on the state of China’s economy, and its positioning in terms of the tech and AI revolutions. This week’s news provides many examples of this. The real estate market—the heart of China’s economy—seems to be going from bad to worse, with total sales […]

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Brief Law & Regulation Politics & Society Tech, Media & Telecom

ByteDance signs TikTok joint venture deal

TikTok’s Chinese owner, ByteDance, has signed binding agreements with three major investors to form a joint venture to operate TikTok’s US app, reports Reuters. The venture is to be led by American and global investors in a bid to avoid a US government ban. The deal is a milestone for the short video app used regularly […]

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Brief Manufacturing Tech, Media & Telecom

Chinese scientists unveil chip 100 times faster than Nvidia

Chinese scientists have unveiled an optical computing chip that outperformed Nvidia’s leading AI hardware by over a hundredfold in speed and energy efficiency, reports the South China Morning Post. The chip performs particularly well for generative tasks such as video production and image synthesis.  The LightGen chip was developed by a team from Shanghai Jiao Tong University and […]

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Brief Manufacturing Tech, Media & Telecom

CATL tests humanoid robots on battery production lines

Chinese battery producer Contemporary Amperex Technology (CATL) has begun testing humanoid robots on its own production lines, reports Caixin. The humanoid robots were developed by an affiliated startup. The world’s largest maker of power and energy storage batteries said the robots are being used to perform inspection tasks on battery pack assembly lines, marking a new […]

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Autos Brief Manufacturing Tech, Media & Telecom

GAC Honda to suspend operations for two days over chip shortage

GAC Honda will suspend production for two days starting December 30 due to a shortage of semiconductor supplies, reports Caixin, citing Honda’s China unit and the joint venture. The temporary halt reflects ongoing disruptions tied to Nexperia, a major supplier of automotive chips, whose supply constraints have rippled across the global auto industry. GAC Honda is a […]