Chinese artificial intelligence startup Moonshot AI released a new open-source AI model on Friday, joining a wave of similar releases from local rivals, as it seeks to reclaim its position in the competitive domestic market. The model, called Kimi K2, features enhanced coding capabilities and excels at general agent tasks and tool integration, allowing it […]
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China’s humanoid robots will not replace human workers and cause mass unemployment, according to a Chinese official who oversees a tech hub in Beijing, amid a rapid expansion of the sector and state funding for it. Liang Liang, a deputy director at the Beijing Economic-Technological Development Area, which hosts one of China’s largest tech hubs, […]
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Residential buildings in Huaian, in China’s eastern Jiangsu province. File | Photo Credit: AFP Risks to the stability of China‘s financial system are rising on continued sluggishness in its property sector and an economic slowdown, making smaller banks more vulnerable, rating agency Moody’s said on Friday. China’s property sector has slowed sharply this year after […]
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Representational image of labourers under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) working at a site in Ajmer. | Photo Credit: PTI Government forms panel to look into MGNREGA’s efficacy The Central government has constituted a committee to review the implementation of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme, especially to assess […]
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Every September, Apple unveils its latest phones at its futuristic Silicon Valley campus. A few weeks later, tens of millions of its newest handsets, assembled by legions of seasonal workers hired by its suppliers, are shipped from Chinese factories to customers around the world. The annual release of Apple’s iPhones usually runs like clockwork, a […]
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About 30,000 runners, some wearing face masks, took part on Sunday in a chilly and smoggy first Beijing Marathon since 2019 after COVID-19 cancelled previous races. It was the first major sporting event in the Chinese capital since the Winter Olympics in February and took place despite a rebound in infections across China. China continues […]
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Foxconn, formally Hon Hai Precision Industry Co Ltd, is Apple’s biggest iPhone maker, producing 70% of iPhone shipments globally Foxconn, formally Hon Hai Precision Industry Co Ltd, is Apple’s biggest iPhone maker, producing 70% of iPhone shipments globally Apple supplier Foxconn said on Tuesday it has quadrupled bonuses on offer for workers at its Zhengzhou […]
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China’s third and final module docked with its permanent space station Tuesday to further a more than decade-long effort to maintain a constant crewed presence in orbit, as its competition with the U.S. grows increasingly fierce. The Mengtian module arrived at the Tiangong station early Tuesday morning, state broadcaster CCTV said, citing the China Manned […]
Continue ReadingIndia imported $89.66 billion worth of goods from China in the first nine months of 2022, the highest on record for three quarters in any year. Two-way trade has crossed $100 billion India imported $89.66 billion worth of goods from China in the first nine months of 2022, the highest on record for three quarters […]
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Facing an existential crisis in 2012, the Communist Party of China turned to a ‘princeling’. A decade on, Xi Jinping has rewritten the Party rulebook and is laying the groundwork for years of continued dominance Facing an existential crisis in 2012, the Communist Party of China turned to a ‘princeling’. A decade on, Xi Jinping […]
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