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24.03.26 - 05:42
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From infrastructure to AI: how Alibaba Cloud powers the global ambitions of Chinese companies (SCMP)
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New technology is transforming international trade and, with the help of the cloud and artificial intelligence (AI), Chinese firms are increasingly well placed to compete globally.
“For Chinese companies going overseas, the requirement has evolved from just providing infrastructure to infrastructure plus AI technology,” says Han Hongyuan, vice-president of Alibaba Cloud Intelligence Group. “They also want to use AI to support their business in overseas markets.
“Even before the AI wave, they......
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24.03.26 - 02:54
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Country Garden expected to record up to 2.2 billion yuan profit after huge turnaround (SCMP)
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Country Garden Holdings is expected to return to profit for the year ended 2025 due to the non-cash gain recorded from the completion of the group's debt restructuring.
According to its filings to the Hong Kong Stock Exchange on Monday night, the group will record “a profit ranging from approximately one billion yuan to 2.2 billion yuan (US$145 million to US$320 million) for the year ended 31 December 2025”.
This compared with the loss of about 35.15 billion yuan over the same period in......
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24.03.26 - 02:24
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Bargain Hunting May Boost China Stock Market (AFX)
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BEIJING (dpa-AFX) - The China stock market has moved lower in three straight sessions, shedding almost 250 points or 6.2 percent in that span. The Shanghai Composite Index now sits just above the ......
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24.03.26 - 02:06
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Why the Iran war could be a ′game-changer′ for EVs – and China′s car industry (SCMP)
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Surging oil prices driven by the US-Israel war on Iran could accelerate the global adoption of electric vehicles – a sector that helped China overtake Japan to become the world's largest seller of automobiles last year.
“The closure of the Strait of Hormuz could be a game-changer for EVs,” said David Brown, director of energy transition research at Wood Mackenzie, in a report released on Friday.
The “eye-watering” 50 per cent surge in global oil prices so far this month would further incentivise......
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24.03.26 - 02:02
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Duke Kunshan University′s Quelch on China (Bloomberg)
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John Quelch, Executive Vice Chancellor at Duke Kunshan University, discusses how China is repeating its message of stability and non-interference, as the war in the Iran continues. He speaks with Stephen Engle at the China Development Forum in Beijing. (Source: Bloomberg)...
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24.03.26 - 01:48
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Eurasia′s Meale on US-China Relations (Bloomberg)
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David Meale, who leads Eurasia Group's China practice and previously served as a US diplomat in Beijing, discusses his outlook for US and China relations. He speaks with Stephen Engle at the China Development Forum in Beijing. (Source: Bloomberg)...
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24.03.26 - 00:36
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Three Chinese EV makers raise prices – but analysts warn weak demand could force reversal (SCMP)
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Three Chinese electric vehicle (EV) makers have raised prices for some models in response to rising supply chain costs, but analysts say the increases are unlikely to be sustained given weakening domestic demand.
Xiaomi became the latest manufacturer to adjust pricing on March 19, announcing that its new-generation SU7 standard version would start at 219,900 yuan (US$31,800) – a 4,000 yuan increase over the previous model. Founder and CEO Lei Jun had attributed the rise to aggressive surges in......
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