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25.12.25 - 04:06
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China′s AI toy boom: Huawei, JD.com, UBTech make big push into growing sector (SCMP)
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Huawei Technologies in late November sold more than 10,000 units of its artificial intelligence toy, Smart Hanhan, in the first week of its release, as similar smart playthings seize a growing share of consumer spending worldwide.
Shenzhen-based Huawei's AI-powered emotional support plush toy, which costs 399 yuan (US$57), provides a user with interactive companionship via movement recognition, voice and touch. For example, when a user asks Smart Hanhan to count sheep, it often adds playful......
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25.12.25 - 04:00
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China shares edge lower as hopes fade for near-term stimulus boost (SCMP)
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Mainland Chinese stocks fell on Thursday, as hopes for stronger near-term policy support faded after the central bank reiterated a cautious approach to monetary easing.
The broad-based CSI 300 Index fell 0.1 per cent to 4,625.80 by 10am local time, while the Shanghai Composite Index rose 0.1 per cent. Hong Kong's market is closed on Thursday and Friday for the Christmas holiday.
Consumer electronics stocks led gains on the CSI 300, while energy metals firms were the biggest decliners.
Among the......
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25.12.25 - 03:06
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China Vanke Faces Another Bond Test After Dodging Default (Bloomberg)
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China Vanke Co., which just days ago got a reprieve on a local bond, is back in a familiar situation, as investors in another note finish voting on the distressed developer's bid to delay payment amid its struggle with a mountain of debt due in coming months....
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25.12.25 - 01:00
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US Or China? The Nation That Wins The Nuclear Fusion Race Wins Global Primacy (ZeroHedge)
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US Or China? The Nation That Wins The Nuclear Fusion Race Wins Global Primacy
Authored by Lawrence Kadish via The Gatestone Institute,
There continues to be a debate among global geopolitical analysts regarding whether the United States and China are engaged in a Cold War or a competition for global dominance.
The answer is irrelevant.
By anyone's observation, China seeks to dominate the 21st century, and they will do so by "any means necessary."
In the process, they will use their military might to create a sphere of influence that is designed to cow nations that range from Japan to Australia to India.
Their invasion of Taiwan is almost a foregone conclusion among many military observers, who believe it is not a question of if but when.
But "when or if" China launches its amphibious assault, it will have determined that the United States is not willing to risk its armed forces to defend an island that produces the majority of the world's computer chips, especially the ...
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24.12.25 - 15:06
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Chinese AI champion iFlytek sets up new entity to expand into semiconductor design (SCMP)
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US-blacklisted company iFlytek has set up a new corporate entity to expand into semiconductors and other artificial intelligence-related fields as part of efforts to bolster China's broader tech self-sufficiency initiatives.
The new entity, Shandong Yixun Information Technology, was incorporated last week with a registered capital of 50 million yuan (US$7.1 million), according to the latest information from Chinese corporate data provider Qichacha.
The scope of this entity's operations would......
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24.12.25 - 13:06
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ByteDance, other major Chinese tech firms dominate local consumer AI market: report (SCMP)
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ByteDance-owned Doubao remained mainland China's top consumer artificial intelligence app in December, according to a report, as the country's Big Tech companies continued to lead emerging start-ups in this market.
Doubao, a ChatGPT-like app, had 155 million weekly active users in the second week of December, according to data released on Tuesday by business intelligence service provider QuestMobile. It said that number was nearly double the 81.56 million total recorded by DeepSeek's eponymous......
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