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05.04.26 - 13:06
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Chinese firms trail US peers in AI adoption due to corporate culture: ex-OpenAI executive (SCMP)
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Traditional corporate culture and hierarchies are slowing down artificial intelligence adoption in Chinese enterprises, leaving them trailing their US peers, even as China's savvy consumers embrace AI agents at a breakneck pace, says Zack Kass, former head of go-to-market at OpenAI.
China has a very “techno-centric consumer”, while the US has a very “techno-centric enterprise”, Kass told the South China Morning Post in a recent interview.
Highlighting this contrast, Kass said typical Chinese......
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05.04.26 - 09:06
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Hong Kong-listed CaoCao hails fleet-first strategy as China′s robotaxi race gathers pace (SCMP)
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Chinese ride-hailing company CaoCao, backed by Geely, is betting on a heavy-asset strategy to emerge as a leading robotaxi operator, with plans to deploy 100,000 autonomous vehicles by 2030 as competition intensifies and self-driving technology matures.
In an interview with the South China Morning Post, CEO Gong Xin said the future of robotaxis hinged on an asset-management model built around a closed-loop “trinity” of vehicle manufacturing, autonomous driving technology and fleet......
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05.04.26 - 07:12
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China′s invisible hand in Iran′s F-35 success (IntelliNews)
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Just days before Iran claimed to have hit one of the US Air Force's most formidable jets - an F-35 stealth fighter - a Chinese social media account published a detailed guide on how such an attack could be carried out....
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05.04.26 - 07:00
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Demographic shift fuels growth in China′s elderly care, insurance sectors (SCMP)
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China is undergoing a profound demographic shift, with its population ageing at a pace and scale unprecedented globally, and the trend has opened up significant opportunities for elderly care and insurance sectors.
“This massive and rapidly expanding elderly population should be a major consumer of healthcare services and therapeutics,” Citi Research analyst John Yung said in a report in late March. “The healthcare demands are rigid, long-term and diverse.”
Age-friendly products are rapidly......
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05.04.26 - 05:06
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Japanese chains Aeon, Ito-Yokado retreat in north China as instant retail race heats up (SCMP)
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Japanese retailers are scaling back in north China as fierce competition and weak pricing power erode profitability, forcing store closures in major cities and prompting calls for a sharper localisation strategy.
Groups such as Aeon and Ito-Yokado have closed outlets in Beijing and Tianjin in recent years, highlighting mounting pressure from domestic rivals and shifting consumer habits in the region.
Aeon said it closed three supermarkets in Tianjin and one in neighbouring Hebei province after......
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05.04.26 - 03:21
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Ex-NYC Mayor de Blasio Joins China-Linked Far-Left Group At Anti-U.S. "Emergency Meeting" In Colombia (ZeroHedge)
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Ex-NYC Mayor de Blasio Joins China-Linked Far-Left Group At Anti-U.S. "Emergency Meeting" In Colombia
The New York Post reports that former New York City Mayor Bill de Blasio secretly traveled with his girlfriend and a far-left activist group, alleged to have links to the Chinese Communist Party, to attend an "emergency" meeting denouncing the U.S. It's a 180-degree turn for the former Democratic mayor of NYC, long a symbol of American capitalism, even as the image of the metro area deteriorates under Zohran Mamdani's socialist rule.
Source: New York Post
A source told the NYPost that de Blasio jetted off with members of CodePink, a Marxist propaganda network linked to Chinese billionaire Neville Roy Singham, to attend an "emergency" meeting called Nuestra América to denounce the U.S. and all foreign policy in the West by the Trump administration, including the US capture of Venezuelan dictator Nicolás Maduro in January.
Source: New York Post
"It's n...
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