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 →
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 →
AI-expert Alvin Wang Graylin, c0-author of Our Next Reality: Preparing for the AI-powered Metaverse, gives the commencement address at the 2024 UW ECE Graduation Ceremony, telling the new generation how the next industrial revolution will work out in their lives and careers. What challenges will the graduates face in the next ten years?Read More →
Foreign media too often focus on China’s crackdown on religion, but former foreign correspondent Ian Johnson, author of Sparks: China’s Underground Historians and their Battle for the Future, sees an opposite trend as China’s government started to support traditional faiths, in an effort to gain new legitimacy, he writes in the Council on Foreign Relations. Read More →
Bestseller author Shaun Rein’s post-pandemic book on US-China relations, “The Split: How US-China Conflict is Changing China’s Economy and Consumer Behaviour” is ready for pre-order and will appear in early September 2024.Read More →
China’s economy is facing rough weather, but while the luxury market has its problems, some segments are doing better than ever, says Rupert Hoogewerf, Hurun Report Chairman and Chief Researcher at the Hurun Report. And more important, the happiness of China’s high net worth individuals is increasing he adds at the 20th anniversary of the Hurun Best of the Best Awards.Read More →
Hong Kong-based marketing guru Ashley Dudarenok discusses the way China’s market is different from the rest of the world in terms of platform, consumer behavior, and other elements of the crowded and fast-moving market. A debate on Vistatalks with Maria Coa.Read More →
Journalist and author Ian Johnson discusses his latest book, Sparks: China’s Underground Historians and their Battle for the Future, at the Hoover Institution at Stanford University, on why and how he came to write his book. Questions are asked by Orville Schell is the Arthur Ross Director of the Center on U.S.-China Relations at Asia Society in New York and Glenn Tiffert a distinguished research fellow at the Hoover Institution and a historian of modern China.Read More →
US lawmakers have started debate on a law that would ban the successful TikTok app. Political analyst Kaiser Kuo dismisses the effort as misguided at best, he writes in the ChinaFile. “In a sense, the threat of TikTok is real: In this crisis of confidence, and in a state of moral panic that we’ll look back on red-faced a decade out, TikTok is causing us to inflict grievous self-harm.”Read More →
AI is going to change our lives in the next five to ten years, says AI expert Alvin Wang Graylin, co-author of the new book Our Next Reality, in an interview at MRTV. “Nothing will be the same anymore! In this 90-minute in-depth discussion Alvin Wang Graylin gives us fascinating insights on how the AI-powered Metaverse will change all our lives and what we can do to make it an overall positive outcome for our society,” MRTV writes.Read More →
Book reviews of Sparks: China’s Underground Historians and their Battle for the Future by China veteran and Pulitzer prize winner Ian Johnson start to come in, rightfully, like this overview in Public Discourse by Robert Carle. “In Sparks, Ian Johnson tells the stories of people such as Lin Zhao and Hu Jie—Chinese journalists and filmmakers who explore the darkest episodes of Chinese communism, often at great risk to themselves.”Read More →
London-based China veteran Mark Schaub summarizes in his China Chit-chat newsletter the meetings his law firm had with 24 Ultra High Net Worth Individuals (HNWI) from China over the last three months of 2023. They were checking out opportunities in Europe and the Middle East, partly because their offspring was not really interested in joining their China business. They would look for lessons from their European counterparts but failed because of the differences between Chinese and Europeans, and because the concept of paying for professional legal advice did not yet take root among the Chinese visitors.Read More →