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20.12.25 - 16:12
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The 25-Year Shift That Made China a Global Superpower (Bloomberg)
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China's entry into the WTO in 2001 accelerated its rise as a global manufacturing and technology powerhouse, fueled export growth, and helped stabilize global demand during the financial crisis. As China expanded Belt and Road investments, advanced in EVs and AI, and entered a sharper economic rivalry with the United States, its property slowdown and domestic inequality exposed new vulnerabilities. Enda Curran, Elizabeth Economy, and Afsaneh Beschloss explain China's past 25 years and what its next phase means for the global economy. (Source: Bloomberg)...
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20.12.25 - 08:54
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Chinese AI ′tiger′ Zhipu edges towards Hong Kong listing expected to raise US$300 million (SCMP)
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Chinese artificial intelligence firm Zhipu AI has moved a step closer to a Hong Kong initial public offering to raise US$300 million after passing a listing hearing and filing its documents with Hong Kong Exchanges and Clearing on Friday.
The Beijing-based start-up, officially named Knowledge Atlas Technology Joint Stock Company Limited and marketed overseas as Z.ai, is widely seen as one of China's “new AI tigers”.
The prospectus did not disclose a fundraising target or timetable, but brokers......
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20.12.25 - 04:03
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China Says Region Closer To War Due To US Record Taiwan Arms Package (ZeroHedge)
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China Says Region Closer To War Due To US Record Taiwan Arms Package
China on Friday heaped more condemnation on Washington's approving a record-setting $11.1 billion weapons package for Taiwan this week, warning that the deal risks turning the island into a "powder keg" and plunging the region into "military confrontation and war."
A significant amount of medium to long-range missile systems are part of the planned transfer, including 82 HIMARS launchers with Army ATACMS missiles, allowing Taipei forces to hit targets across the Taiwan Strait. This aspect has further infuriated China.
Beijing in the fresh comments accused Taiwan's leadership of "seeking independence through force" and charged that the United States is using the island to "contain China".
"The 'Taiwan independence' forces on the island seek independence through force and resist reunification through force, squandering the hard-earned money of the people to purchase weapons a...
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20.12.25 - 01:06
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Patent cliffhanger: will China biotech throw Big Pharma a lifeline? (SCMP)
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If pharmaceutical drug patents are an hourglass turned over on the day of approval – with the approaching loss of exclusivity known in the industry as the “patent cliff” – then Big Pharma is currently watching the final grains of sand slipping through the neck of the glass.
At the bottom of the hourglass awaits an unforgiving world of generic and biosimilar competition. Between 2025 and 2030, the patent cliff is set to be one of the biggest since 2010 by revenue at risk, according to......
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20.12.25 - 00:06
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China′s humanoid arms race: start-ups debut robots for stores, offices and factories (SCMP)
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China's robotics industry is turning into a humanoid arms race as start-ups – fresh from big funding rounds – are rolling out new robots in a bid to beat tech giants to real-world deployment.
Beijing-based Noetix Robotics this week unveiled Hobbs W1, a service humanoid with a lifelike female face, a black bob and dexterous hands, as a new wave of venture-backed companies pushes into increasingly humanlike designs.
Noetix billed Hobbs W1 as its most humanlike robot to date.
The humanoid pairs a......
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