Exclusive | Former US vice-president Mike Pence to visit Hong Kong for business forum

Exclusive | Former US vice-president Mike Pence to visit Hong Kong for business forum

Former US vice-president Mike Pence is expected to visit Hong Kong in mid-January to take part in a business forum, the South China Morning Post has learned. Pence, who was Donald Trump’s deputy from 2017 to 2021, will speak at UBS Wealth Insights 2025 on January 16, according to an agenda document for the event … Read more

Beijing’s test bed for Taiwan integration

Beijing’s test bed for Taiwan integration

Fujian province has become a test bed for mainland China’s push for economic, social and political integration with Taiwan. In a four-part, on-the-ground series, we examine the 15-year integration drive in Fujian’s Pingtan county, and more. Updated: 02 Jan, 2025 Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the … Read more

Alibaba cuts AI visual model cost by 85% on last day of year as price war rages on

Alibaba cuts AI visual model cost by 85% on last day of year as price war rages on

Alibaba Cloud, the cloud computing arm of Alibaba Group Holding, has given users of its visual reasoning artificial intelligence (AI) model a new year’s gift by cutting prices up to 85 per cent, as price wars continue to rage in China’s domestic AI services market. The announcement, coming on the last day of 2024, marks … Read more

ByteDance leads China’s Big Tech sector in capital spending with US$11 billion for 2024

ByteDance leads China’s Big Tech sector in capital spending with US billion for 2024

TikTok owner ByteDance was China’s biggest investor in technologies including artificial intelligence (AI) in 2024, with its outlay almost matching the combined spending of rivals Baidu, Alibaba Group Holding and Tencent Holdings, according to new research. Beijing-based ByteDance, founded by Chinese entrepreneur Zhang Yiming, invested an estimated 80 billion yuan (US$11 billion) on capital expenditure … Read more

Alibaba to lose US$1.3 billion on Intime sale in retreat from offline retail

Alibaba to lose US.3 billion on Intime sale in retreat from offline retail

Alibaba Group Holding is taking a 9.3 billion yuan (US$1.3 billion) loss in its sale of Intime, one of China’s leading department store operators, as the e-commerce giant walks away from offline retailing to focus on its core businesses. The company is selling its entire stake in the retail chain, in which it first invested … Read more

Ant Group splits Alipay into two business units in latest restructuring move

Ant Group splits Alipay into two business units in latest restructuring move

Ant Group, the fintech giant affiliated with Alibaba Group Holding, is splitting the business group of its mobile payment platform Alipay into two units, in its latest corporate restructuring move to drive new growth. The company will establish the Digital Payment Business Group and Alipay Business Group, and adopt a “rotating presidential system” for the … Read more

Outrage as scholar asks how can China make women ‘obediently, submissively have children’

Outrage as scholar asks how can China make women ‘obediently, submissively have children’

A Chinese professor has sparked a public backlash after he asked a visiting Kazakh diplomat how to make Chinese women “have children obediently, early and in large numbers” at a think tank event. Wang Xianju, a professor at Renmin University and a former counsellor at the Chinese embassy in Belarus, was speaking to Erlan Qarin, … Read more

A nostalgic culinary haven for festive gatherings

A nostalgic culinary haven for festive gatherings

[The content of this article has been produced by our advertising partner.] As the season of celebrations rolls in, thoughts naturally turn to places that exude warmth, charm, and an undeniable sense of occasion. Tucked in the urban resort setting of Kerry Hotel, Hong Kong, Hung Tong is the venue of choice for those seeking … Read more

Mainland China’s Taiwan military presence

Mainland China’s Taiwan military presence

This three-part series looks at how Beijing is using its military and coast guard to put pressure on Taipei. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, … Read more

UK opposition leader tries red meat politics on sandwich eater Prime Minister Keir Starmer

UK opposition leader tries red meat politics on sandwich eater Prime Minister Keir Starmer

Britain’s prime minister and leader of the main opposition party spar almost daily on everything from immigration, taxation to spending. But this week the two battled over a new subject – whether sandwiches make a good lunch. Conservative leader Kemi Badenoch raised the subject in an interview with right-leaning weekly magazine The Spectator by questioning … Read more