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13 Apr Tech war: US sanctions on key Nvidia distributor in China could push more customers towards domestic replacements

Posted at 11:30h in Asia

Chinese companies have lost access to one of the country’s largest distribution channels for Nvidia processors after the US added a major reseller to its export blacklist, strengthening Washington’s efforts to curb artificial intelligence (AI) development in China while pushing more Chinese businesses towards local...

13 Apr Deutsche Bank prepares to seize Hong Kong, mainland China business upswing while rivals retrench during IPO, deal slump

Posted at 01:00h in Asia

Deutsche Bank is sharpening its focus on China business to capitalise on gaps created by the withdrawal of its investment banking rivals, betting on the world’s second largest economy to build on its post-Covid recovery momentum, according to top Asia-Pacific boss.The bank, which first set...

12 Apr Spotlight, BMW’s China venture, to assemble EVs including Mini cars for consumers worldwide

Posted at 12:30h in Asia

Spotlight Automotive, BMW’s 50-50 electric vehicle (EV) venture with mainland Chinese partner Great Wall Motor, is designing new models that it hopes to sell globally.Cars including models under BMW-owned brand Mini will be sold in markets such as Europe and Southeast Asia after Spotlight starts...

12 Apr OnePlus faces complaints from Indian retailers as Chinese smartphone brand tries to maintain its slice of the market

Posted at 12:14h in Asia

Chinese smartphone brand OnePlus is facing multiple grievances against its India operations, from profit margins to warranty and service claims, in another sign of trouble for Chinese brands in the world’s most populous country.In a letter to OnePlus India on Wednesday, the South India Organised...

12 Apr Opinion | How reskilling Asia’s workforce can secure a more sustainable future

Posted at 07:30h in Asia

The sheer scale of this workforce transformation underscores the critical importance of developing a skilled labour force capable of supporting Asia’s energy transition. As the demand for renewable energy, energy efficiency and sustainable practices continues to rise, employers are seeking workers with specialised technical skills...

12 Apr Indebted Chinese developer Zhenro asks to delay restructuring amid ‘strained’ conditions, Ping An unit’s lawsuit threat

Posted at 05:11h in Asia

Defaulted Chinese developer Zhenro Properties Group is seeking to postpone a restructuring plan as its liquidity woes continue amid slumping sales, slow asset disposal and the threat of a lawsuit from Ping An Insurance Group over a property-linked trust.Zhenro plans to delay the implementation of...

11 Apr China’s Suzhou city plans supercharged cross-border e-commerce business after Shein and Temu success

Posted at 14:00h in Asia

The hi-tech manufacturing hub of Suzhou has unveiled a plan to double the city’s cross-border e-commerce annually for the next three years, as it looks to tap into the growing influence of Chinese platforms such as Shein and PPD Holdings’ Temu.The municipal government of the...

11 Apr Shanghai Art021 art fair to launch a Hong Kong edition aimed at galleries from the Global South

Posted at 12:03h in Asia

After months of speculation, the Shanghai-based art fair operator Art021 is launching a Hong Kong fair, scheduled for this summer – provisionally July.Called Art021 Hong Kong, the inaugural edition is planned as an invitation-only event: all the galleries involved have been selected by the organisers.With...

11 Apr Huawei has a new car and PC, but no P70 smartphone as people await next big launch after Mate 60

Posted at 12:00h in Asia

Huawei Technologies launched its revamped Luxeed S7 electric sedan, co-developed with Chinese carmaker Chery Auto, and a new personal computer (PC) with built-in artificial intelligence (AI) support at its latest event on Thursday, but there was no mention of the highly anticipated P70 smartphone.The new...

Smart Hong Kong Pavilion at the InnoEX 2024 will showcase over 100 I&T solutions benefitting citizens’ daily lives, demonstrating Hong Kong’s accomplishments in I&T development

11 Apr Smart Hong Kong Pavilion at the InnoEX 2024 will showcase over 100 I&T solutions benefitting citizens’ daily lives, demonstrating Hong Kong’s accomplishments in I&T development

Posted at 09:29h in Asia

Exhibition Date and Time:13 to 15 April 09:30 – 18:3016 April 09:30 – 17:00Venue: Hong Kong Convention and Exhibition Centre (Booth: 3C-C01)Smart Living“iAM Smart”“iAM Smart”, the one-stop personalised digital service platform of the OGCIO, provides reliable electronic identity authentication function for members of the public...

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