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06.05.26 - 09:24
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′Our competitors are everyone′: Joybuy leads ′China′s Amazon′ into the UK (The Guardian)
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Taking on its US rival in Britain is expected to lead to 'collateral damage' for UK retailers“We're here to shake up the UK e-commerce market,” says Matthew Nobbs, the UK boss of Joybuy which is spearheading a European charge by China's version of Amazon.“I see our competitors as everyone,” he adds, reflecting the scale of ambition of the online retailer that sells home appliances, groceries, makeup and more. Continue reading......
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06.05.26 - 07:54
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As Ukraine seeks to edge China out of its drone supply chain, Taiwan emerges as a quiet player (The Guardian)
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Taiwan's reputation for tech excellence means it is a favoured alternative source for Ukrainian drone-makersOver the four years that Ukraine has been fighting to repel Russian forces from its territory, its country's battlefields have become scarred by airstrikes, pockmarked by artillery fire, and littered with the wreckage of cheap aerial drones.The conflict has transformed the economics of modern warfare – with both sides now reliant on these unmanned aerial vehicles (UAVs) to monitor the battlefield, evade defences and strike deep into enemy territory. The fighting has so far kept Russia bogged down, trapped behind frozen frontlines, allowing Kyiv to remake the country's industrial base to meet the needs of the war. Continue reading......
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06.05.26 - 07:30
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China Service Sector Expands At Faster Pace (AFX)
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BEIJING (dpa-AFX) - China's service sector registered faster growth in April, driven by stronger increases in new business despite declining foreign orders, survey results published by S&P Global ......
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06.05.26 - 06:18
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AI ecosystems in China and US grow apart amid tech war (SCMP)
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China and the United States are taking divergent paths to developing artificial intelligence (AI), putting their technology ecosystems increasingly at odds.
This divergence was on show on April 24 when start-up DeepSeek launched its next-generation V4 AI models that were optimised for use with the Ascend chips and associated software tools of tech giant Huawei Technologies.
China has for years been pursuing technological self-reliance, a policy reiterated by the Communist Party's Politburo at......
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