Amid the US-China tech and trade war underway, China, the second largest economy of the world is fully geared up towards advancements in the areas of artificial intelligence and semiconductor design. In accordance to the plan of action issued by the State Council in July 2017, the country is set to achieve global dominance in...
Regardless of how receptive we are towards it, Artificial Intelligence is already influencing the world around us. With all the hype surrounding the intelligent tomorrow, humans were in a way ready for the wave of AI. While AI is still pretty much in its nascent stage, we can expect a lot of progression from the...
For quite a long time, India and China have managed to maintain their ties despite their historic territorial disputes. However, Huawei is ratcheting up tensions among the two amidst the US-China trade war. With numerous allegations charged on Huawei, is has been placed on a US trade blacklist due to security concerns. US has raised...
The adoption of technology in financial circles across the world has seen a steeply upward trend in the past few years. India is not left behind by any means when it comes to technology incorporation in the provision of financial services. The average technology adoption rate across the Asia Pacific region is a decent 64%...
Mr. Duncan Chiu, chairman of the local Cyberport Investors Network Steering Group has said that when it comes to tech entrepreneurship, the talent in Hong Kong has been reserved compared to their mainland contemporaries. Since the beginning they have been pursuing careers in banking and other career paths. However, during the last decade, things have...
China leads in investments in the data industry. China is ahead of its global peers when it comes to investments in data centers. These investments make sense in light of the current data-driven business landscape. As the demand for computing power swells due to the proliferation of data-driven services and the integration of 5G, the...
Amongst the world’s 1000 most popular websites, China has blocked access to 135 of them. It uses its Great Firewall for doing so. Some of the websites blocked are Google, Facebook, Twitter, and Youtube. Using these websites in China was considered to be a punishable offense. The USA has asked China to open up its...
From the looks of it, Chinese investors will soon be able to use data-based recommendations provided by machines rather than humans, to profit in the Chinese stock market. Zheshang Fund Management Co. is planning to employ around 300 investment models to evaluate over 3,000 Chinese stocks in a bid to become the country’s first Artificial...
Writing in their personal blogs, Paul Chan Mo-Po the financial secretary and secretary for innovation Nicolas Yang Wei-Hsuing said that Hong Kong’s economy and the technology sector can heavily benefits from China’s Greater Bay Area project. This project aims at transforming Hong Kong along with its neighboring cities into innovation and finance hubs, which will...
As the race to be the leader in the futuristic technologies among major economies is in full swing, China can be clearly seen catching up to its western competitor in terms of investments in AI research and development. There is a multibillion fund that the government has created to invest into AI research and application....