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Hong Kong court freezes US$1.8 billion HSBC account as Wahaha inheritance battle unfolds

A Hong Kong court has formally frozen an HSBC account at the heart of a high-stakes lawsuit that pits three…

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Chinese shoppers in Shenzhen can now rent a customised robot alongside their groceries

A store near a bustling shopping centre in the southern Chinese city of Shenzhen feels more like a small robotics…

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Alibaba, Standard Chartered partner to accelerate AI adoption in banking sector

The two companies signed a memorandum of understanding that would see Standard Chartered leverage solutions from Alibaba Cloud – the…

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China’s AI race heats up as Shanghai launches massive subsidy scheme

Shanghai has unveiled an ambitious 1 billion yuan (US$139 million) subsidy programme for the artificial intelligence industry, as the metropolis…

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Alibaba previews its first AI-powered glasses, joining China’s heated smart wearable race

The Quark AI glasses, named after Alibaba’s AI assistant, were showcased to the public for the first time at the…

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Chinese open-source AI models occupy top spots among global developers: ranking

China is home to the world’s top artificial intelligence (AI) models that are open-sourced, according to an American benchmarking platform…

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New Shangri-La luxury brand lures rich Chinese tourists with unique cultural experiences

Shangri-La Group has launched its super-luxury hotel brand in mainland China, Shangri-La Signatures, featuring a convergence of cultural heritage and…

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Wahaha heiress Kelly Zong’s inheritance battle puts Chinese family firms in spotlight

Kelly Zong Fuli, chairwoman and CEO of mainland China’s largest soft-drinks producer Hangzhou Wahaha Group, is embroiled in a wealth-inheritance…

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What if Chinese, US firms make humanoid robots together? Tech CEO calls for collaboration

The founder of a prominent Chinese robotics start-up sees great value in working with American peers to advance the global…

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What are China’s ‘future industries’ – and why they matter in the global tech race

As the dust barely settles on “Made in China 2025”, Beijing is intensifying its quest for technological supremacy with a…

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