China’s top electric vehicle maker BYD is conducting a new mass recruitment drive for robotics talent to staff its embodied intelligence (EI) unit, in a sign that the company is doubling down on robot-related research. The Shenzhen-based company posted a global recruitment ad on the Chinese social media platform WeChat, describing job openings for 10 … Read more
Amazon.com has asked some Chinese cross-border merchants to stop offering goods at a cheaper price on rival platform Temu, according to several sellers, amid intensifying competition from the aggressive budget retailer owned by mainland e-commerce giant PDD Holdings. The local office of US-based Amazon recently informed the managers of some top-selling Chinese brands that they … Read more
Douyin, the sibling app of ByteDance’s global short video hit TikTok, said it imposed additional oversight on live-streaming hosts and their activities during 2023 to rein in inappropriate practices. The live-streaming crackdown conducted throughout 2023 shut down more than 290,000 host accounts, including some top influencers, as the platform sought to weed out practices it … Read more
Citing analysis released jointly by the WTTC and Oxford Economics, Simpson says that travel and tourism are estimated to have contributed 7.8 per cent to the Chinese economy in 2023, employing about 74 million people in an industry worth US$1.48 trillion. Tourists look at giant pandas at the Chengdu Research Base of Giant Panda Breeding, … Read more
