Unlike their counterparts in the rest of the world, China’s youngsters are fiercely saving their money, says business analyst Shaun Rein at CNBC. “Unlike youths in the 2010s who often spent more than they earned and borrowed money to buy fancy items like Gucci handbags and Apple iPhone, young Chinese have started saving more,” he told CNBC. Read More →

While the controversy between China and the US is heating up, and almost every country tries to invest in their own AI, Alvin Wang Graylin, co-author of Our Next Reality: Preparing for the AI-powered Metaverse, pleads for a global approach to developing the new industrial revolution, he tells in an interview wat WISE on Air with Elyas Felfoul.Read More →

China’s EV brands like NIO and BYD are currently beating Tesla, says Shanghai-based business analyst  Shaun Rein at CNBC. While China’s automotive industry is pushing out new models and innovations, Tesla looks old-fashioned with a model that has not changed over the past six, seven years, he adds.Read More →

China’s developers have been avid users of OpenAI’s ChatGPT, and the company’s ban of usage in China might come as a short-time shock, says innovation expert Winston Ma in the Guardian. But in the long run, it will help those China-based competitors as they are forced – and likely successful, in developing alternatives, he adds.Read More →

US sanctions on China make it harder for Chinese companies to develop large-scale AI systems because they lack access to finance and computing power, says Winston Ma, adjunct professor of law at the New York University School of Law. But they will focus on AI applications and their commercialization rather than developing the big systems, he tells CNBC.Read More →

E-commerce expert Sharon Gai started her career at Alibaba and now explains to the rest of the world how consumer platforms in China work differently from the West, and why also newcomers like Shein and Temu work differently. A discussion on Retail TouchPoint.Read More →

Business analyst Shanghai Rein hits out at the NEV taxes the US has implemented and the EU is planning to start too. China has dealt with domestic pollution as asked by the rest of the world and developed its electric car industry, and now gets hit, he argues. While tensions between China and the EU are growing, they will not be as back at the US-China trade war, he expects, as China still needs investments from Europe.Read More →

The world was in awe when Nvidia emerged as a giant in the stock markets, but the AI industry is still waiting for a real shake-out as it is still lacking a real killer app, says Winston Ma, adjunct professor at the NYU School of Law, in a comment at Forbes.Read More →