China has announced plans to consolidate the cruise operations of four central state-owned enterprises into a single entity that will reportedly operate the largest fleet in Asia, as part of a broader efficiency drive, reports the South China Morning Post. China Tourism Group—one of the four companies—was designated as the operator of the venture at […]
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China’s solar panel installations continued their recovery in October after falling to near a three-year low in August, reports Bloomberg. A total of 12.6 gigawatts of solar capacity was added last month, up from 9.66 gigawatts in September, according to data released by the National Energy Administration. The monthly figure also represents a drop from […]
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Into Africa
Alibaba Group Holding’s logistics arm, Cainiao, has expanded its parcel delivery service to eight African countries—with plans to further expand by the end of December—as it races to give Chinese e-commerce merchants a cheaper, more reliable way to reach the fast-growing continent’s markets. China’s economy is not in good shape, and exports to developed nations, […]
Despite escalating export controls and a race for tech sovereignty, China and the US remain locked in an AI ecosystem that neither side can fully detach from, investors and scholars said at a major tech conference, reports Caixin. The world’s two largest economies are bound by open-source models, shared business incentives and the exchange of […]
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Huawei unveils two new smart-vehicle JVs
Huawei Technologies has unveiled two new smart-vehicle brands, “Qijing” and “Yijing,” in partnership with Chinese automakers Guangzhou Automobile Group (GAC) and Dongfeng Motor Group, broadening its automotive strategy under the “Harmony Intelligent Mobility” and “Huawei Qiankun” ecosystems, reports Caixin. The announcement, made just before the Nov. 20 opening of the Guangzhou Auto Show, marks a […]